Rice and palm oil are among ways to increase bilateral trade between Malaysia and Cambodia

PHNOM PENH (Feb 24): Increasing palm exports to Cambodia and import of rice to Malaysia are seen as among the ways to increase bilateral trade between the two countries as well as to expand collaboration in the fields of information and communications technology, financial technology, cybersecurity, small and medium enterprises as well as business start-ups. "I acknowledge that bilateral trade between us is still low and needs to be further enhanced, in line with the potential of both countries. “This includes trade in the plantation and commodity sectors. Malaysia offers high-quality palm oil and palm oil products to Cambodia. I hope that our trade in these products can be further enhanced,” Prime Minister Datuk Seri Ismail Sabri Yaakob said at a press conference with Cambodia Prime Minister Samdech Techno Hun Sen at the Peace Palace here. Hun Sen in return suggested that Malaysia import more rice from the kingdom and also invited Malaysian businesses to invest in rice milling. ...