Cambodia-Japan Economic Co-Creation Package unveiled
Japan and Cambodia recently agreed to further work toward maintaining and strengthening an international order based on the rule of law and a multilateral free trade system, and announced the 'Cambodia-Japan Economic Co-Creation Package', according to a joint statement issued by the two countries.
During the bilateral summit meeting on May 30, Cambodian Prime Minister Hun Manet and his Japanese counterpart Ishiba Shigeru stressed on the importance of expanding and deepening the comprehensive strategic partnership between the two sides, Cambodian media outlets reported.
Japan and Cambodia have agreed to further work toward maintaining and strengthening a global order based on the rule of law and a multilateral free trade system, and announced the 'Cambodia-Japan Economic Co-Creation Package'. The two sides reaffirmed their commitment to continuing cooperation towards maintenance and development of the Sihanoukville Port as a regional port and logistics hub.
Related to the co-creation of economic and social values, the two Prime Ministers welcomed the progress in concrete cooperation, including the 'Co-creation for common agenda initiative' in the digital field, since the launch of the 'Three New Cooperation Approaches' in
A joint initiative launched in July last year focuses on social infrastructure development in digital field and maritime connectivity, apart from other areas.
Both sides agreed to further promote cooperation, such as improving the business environment in Cambodia, including through Japan's contribution to the Organisation for Economic Cooperation and Development, supporting Japanese companies, forming public-private partnership projects and advancing telecommunications networks for industrial enhancement and supply chain resilience.
The two sides reaffirmed their commitment to continuing cooperation towards maintenance and development of the Sihanoukville Port as a regional port and logistics hub.
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