Azerbaijan and Cambodia Seek to Expand Trade and Investment Cooperation
Baku, The Gulf Observer: Azerbaijan and Cambodia have reaffirmed their commitment to strengthening bilateral economic relations and expanding trade and investment cooperation at the Azerbaijan–Cambodia Business Forum held in Baku under the auspices of Azerbaijan’s Ministry of Economy.
According to media reports, the forum brought together government officials and business representatives from both countries, including entrepreneurs from industry, agriculture, construction, finance, tourism, healthcare, information technology and other sectors.
Addressing the forum, Cambodian Prime Minister Hun Manet highlighted the development of economic relations between the two countries and emphasized the growing opportunities for mutually beneficial investment.
Azerbaijan’s Minister of Economy Mikayil Jabbarov also underscored the positive development of bilateral economic ties, pointing to significant opportunities to strengthen trade relations and expand investment partnerships.
Jabbarov emphasized the importance of the forum in bringing together representatives of key economic sectors, including industry, agriculture, energy, tourism, finance and information technology, to explore new avenues for business cooperation and establish mutually beneficial partnerships.
Cambodian Minister of Commerce Cham Nimul outlined her country’s business and investment opportunities, highlighting prospects for expanding bilateral trade and strengthening cooperation between Cambodian and Azerbaijani companies.
Meanwhile, Neak Oknha Kith Meng, President of the Cambodia Chamber of Commerce and Chair of the ASEAN Business Advisory Council, expressed confidence that the forum would facilitate new partnerships between the business communities of the two countries, encourage mutual investment and promote joint economic initiatives.
A key outcome of the forum was the exchange of a Memorandum of Understanding between the Cambodia Chamber of Commerce and the Azerbaijan Chamber of Commerce and Industry. The agreement is expected to provide a foundation for closer institutional cooperation and stronger business links between the two countries.
The event also featured presentations outlining business and investment opportunities in Azerbaijan and Cambodia, enabling participants to explore potential areas of collaboration.
Business-to-business (B2B) meetings were held on the sidelines of the forum, allowing entrepreneurs from both countries to discuss areas of mutual interest, establish new commercial relationships and explore opportunities for implementing joint projects.
The forum reflects the shared interest of Azerbaijan and Cambodia in diversifying economic relations, strengthening private-sector engagement and creating new opportunities for trade, investment and long-term business cooperation.
