Phnom Penh (FN) Sep. 18 – Australian assistant minister for trade and assistant minister for manufacturing, senator the Hon Tim Ayres, joined Vongsey Vissoth, Cambodia’s delegate minister and permanent secretary of state of the Ministry of Economy and Finance, to launch Australia’s new flagship AUD 87 million program, the Cambodia Australia Partnership for Resilient Economic Development (CAP-RED).

"The CAP-RED partnership was developed after comprehensive consultations with both the public and the private sector on the best way to help the Cambodian economy recover after COVID19. CAP-RED will support the Royal Government of Cambodia and other relevant counterparts to develop policies that drive inclusive, resilient and sustainable economic growth," according to the press release seen by Fresh News on Sunday (Sep 18).

Read in full below.