Pakistan Cambodia PTA talks aim to boost trade and investment
Pakistan and Cambodia plan to pursue a Pakistan Cambodia PTA to expand trade and investment. Officials believe the move will unlock new business opportunities. As a result, both sides hope to boost exports and economic cooperation. Cambodia’s Commerce Minister Cham Nimul shared this plan during her visit to Pakistan. She met Commerce Minister Jam Kamal Khan and Foreign Minister Ishaq Dar. In addition, she engaged with business leaders at major chambers.
Focus On Business And Investment Links
The minister said her visit aimed to build direct business connections. She encouraged companies from both countries to explore joint ventures. Therefore, the proposed PTA could turn strong potential into real results. She explained that the agreement would speed up market access. It would also simplify customs procedures and trade rules. As a result, businesses could move goods faster and at lower cost.
Opportunities In Key Sectors
Cham Nimul highlighted sectors where Pakistan holds strong expertise. For example, she mentioned footwear, surgical instruments, and pharmaceuticals. These industries already meet global quality standards. She said Cambodia welcomes investment in these areas. Such cooperation could strengthen regional supply chains. In addition, it would support Cambodia’s healthcare needs.
Incentives In Cambodia’s Economic Zones
The minister invited Pakistani entrepreneurs to invest in Cambodia’s Special Economic Zones. These zones offer tax holidays and import duty exemptions. They also provide quick administrative services. Officials believe these incentives can attract new projects. As a result, both countries may see growth in trade and jobs. The proposed Pakistan Cambodia PTA could become a key step toward stronger economic ties.
