Ensure fairness, Kirk advises
Cambodia needs to ensure fair treatment of both domestic and foreign investors if it wants to attract more foreign investors, accordsing to US Trade Representative Ron Kirk. Kirk presented the idea during a press conference last week in Siem Reap durig the ASEAN-US Business Summit by saying that Cambodia has done a good job in opening its economy to the world. However, he said, the country still had more work to do. … Kirk also said Cambodia has done well with its administration and leadership by putting in place and adding to the number of labour protection agreements in the textile industry, which has greatly enhanced Cambodia’s attractiveness to US companies. Cambodia’s textile exports to the US rose as a result. “I think it has grown dramatically across the board over the last several years.” …
http://www.phnompenhpost.com/index.php/2012090558496/Business/ensure-fairness-kirk-advises.html
