A delegation from Cambodia’s Ministry of Commerce was in the US this week, seeking greater trade ties and deals with large corporations.
The delegation, led by Commerce Minister Sun Chanthol, met with representatives from Coca-Cola, General Electric and other companies, as well as the US-Asean Business Council.
Kathleen Santillo, head of the council, said they were seeking business and investment opportunities, following a trip to Cambodia earlier this month.
The talks come as US President Barack Obama seeks a major international trade agreement, the Trans-Pacific Partnership.
Economists have said that Cambodia has a long way to go before it can reach the standards of a trade bloc like the TPP, urging instead the country focus closer to home, particularly on the Chinese-led Regional Comprehensive Economic Partnership.
Meanwhile, the government of Cambodia is striving to grapple with poor standards, endemic corruption, a low-skilled labor force and other challenges.