German president’s visit paves way for ties boost, as trade tops $1.2B: pundits
German President Frank-Walter Steinmeier’s visit to Cambodia could give renewed impetus towards the consolidation of bilateral relations between the two countries as well as to the two-way goods trade, which was valued at nearly $1.25 billion in 2022, expanding by almost one-fifth on a yearly basis, according to observers. Customs (GDCE) statistics show that the Cambodian-German merchandise trade was to the tune of $1.247 billion last year – up by 19.28 per cent on-year – equivalent to 2.378 per cent of the Kingdom’s $52.425 billion in total international trade volume for 2022. …
