Korea trade nears $1 billion

Bilateral trade between Cambodia and South Korea nearly reached the $1 billion dollar realm in 2012, a hike of nearly 100 per cent from the year before, senior officials said yesterday. …

According to official data from the Korea Trade-Investment Promotion Agency, total bilateral trade between the two countries stood at nearly $540 million in 2011.

Foreign Affairs spokesman Koy Koung said that Cambodia imported from Korea more than $900 million in 2012, while Cambodia exported upwards of $70 million. …

Since re-establishing diplomatic ties with Cambodia in 1996, South Korea says that its government has committed $378 million in concessional projects and $105 million of grant assistance.

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