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International Relation

U.S. business executives visit Cambodia to explore trade, investment opportunities

February 21, 2017


Abstract : A delegation of 14 leading U.S. companies visited Cambodia to engage with government officials and other stakeholders on expanding U.S.-Cambodia trade and investment ties, said a U.S.-ASEAN Business Council press release on Tuesday.

PHNOM PENH, Feb. 21 (Xinhua) -- A delegation of 14 leading U.S. companies visited Cambodia to engage with government officials and other stakeholders on expanding U.S.-Cambodia trade and investment ties, said a U.S.-ASEAN Business Council press release on Tuesday.

Led by Michael Michalak, regional managing director of the U.S.-ASEAN Business Council, the delegation is comprised of representatives of U.S. companies such as 3M, Chevron, Citi, Coca-Cola, ConocoPhillips, Dow, Ford, GE (General Electric), Herbalife, Elanco, MasterCard, Microsoft, RMA Group, and Visa, the press release said.

It added that the delegation met with Health Minister Mam Bunheng, Mines and Energy Minister Suy Sem, Labor Minister Ith Samheng, Post and Telecommunications Minister Tram Iv Tak, Secretary General of the Council for the Development of Cambodia Sok Chenda Sophea, and Commerce Ministry Secretary of State Ok Boung, among others.

"We have held productive discussions with our Cambodian counterparts and sought ways for U.S. companies to support Cambodia's economic development," said Michael Michalak.

"Cambodia is among the fastest growing markets in the region and we see high potential of growth in the country, especially with regards to healthcare and power development," said Dararith Lim, director of market development at GE-Cambodia.

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Keyword: Cambodia US foreign-relationship

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