(Phnom Penh): The UK Prime Minister's Trade Envoy to Cambodia, Viet Nam, Thailand and Laos, Matt Western MP, is visiting Cambodia to build on previous engagements and further strengthen bilateral trade and investment ties, reaffirming the United Kingdom's long-standing commitment to Cambodia's sustainable economic growth.
Speaking ahead of the visit the UK Prime Minister's Trade Envoy, Matt Western MP said, "It is a pleasure to return to Cambodia at such an important moment in the country's development. As Cambodia prepares to graduate from Least Developed Country status, there is a real opportunity to deepen trade and investment links, strengthen skills and education partnerships, and support the growth of Cambodian businesses.
The United Kingdom is proud to work with Cambodia in areas where our strengths and ambitions align, including green infrastructure, financial services and capital markets, and education. These sectors have the potential to support sustainable growth, create jobs, attract investment and unlock long-term prosperity.
Cambodia's open and outward-looking approach to trade and investment creates significant opportunities for deeper economic cooperation. British businesses are already making a positive contribution across the country, and there is considerable potential to strengthen commercial links further as Cambodia continues its economic transformation.
During my visit, I look forward to meeting Cambodian leaders, regulators, businesses and educators to explore how we can deepen our partnership, unlock new opportunities for trade and investment, and support the next chapter of Cambodia's growth story.
By working together, we can build a future-focused partnership that delivers lasting benefits for people and businesses in both our countries."
During his visit, Western will meet with senior Cambodian leaders, including Sok Siphana, counterparts from the Ministry of Commerce and the Council for the Development of Cambodia.
Discussions will focus on Cambodia's key trade and investment priorities, delivery following the Joint Trade and Investment Forum (JTIF), regulatory reform, and increasing utilisation of the UK's Developing Countries Trading Scheme (DCTS).
The meetings will also highlight the role of UK expertise and programmes, including the ASEAN-UK Economic Integration Programme (EIP), in supporting Cambodia's long-term growth.
Western will also meet representatives from Electricité du Cambodge (EDC) to discuss Cambodia's energy ambitions, financing partnerships, and the current and potential future role of the UK in supporting Cambodia's energy development and transition.
In addition, he will engage with members of UK-Cambodia Capital Markets Development Working Group, delivered in partnership with BritCham Cambodia, to review progress to date, discuss next steps, and explore opportunities to position UK professional and financial services expertise in support of Cambodia's capital market development.
As part of the programme, Western will visit British businesses operating in Cambodia, including Reigate Grammar School Phnom Penh and Unilever, to highlight their contributions to job creation, skills development, and inclusive and sustainable economic growth.
He will also attend a networking reception with UK institutions, businesses, the British Chamber of Commerce, and Cambodian counterparts, aimed at strengthening collaboration and deepening partnerships on trade and development.
The UK remains committed to working closely with Cambodian partners to foster mutual prosperity and unlock new trade and investment opportunities that benefit both nations.
=FRESH NEWS
