Hun Sen unveils new roadmap for foreign trade policy

Prime Minister Hun Sen presided over a ceremony at his Peace Palace in Phnom Penh on Tuesday to unveil a new report that assesses the government’s foreign trade policies over the past seven years and lays out a policy roadmap for the next five.

The report, the third since the government began developing longterm trade plans in 2001, details efforts to increase exports since the release of the second roadmap in 2007 and offers broad policy suggestions in the leadup to Asean integration in 2015.

Mr. Hun Sen said at the unveiling that the country’s economic performance over the period of the last trade plan showed that rising exports are key to achieving the economic growth needed to make Cambodia an uppermiddleincome country by 2030.

“From 2011 to 2013, exports rose nearly 28 percent,” he said. “The export of goods and services increased from $4.5 billion in 2007 to $9.4 billion in 2013. Further, if we add unofficial exports to this figure, our exports per year [now] total $10 billion.” …

Khy Sovuthy and Alex Willemyns
http://www.cambodiadaily.com/news/hun-sen-unveils-new-roadmap-for-foreign-trade-policy-52600/