Baku:During the Azerbaijan-Cambodia Business Forum in Baku, Prime Minister of Cambodia Hun Manet emphasized the complementary economic characteristics between Cambodia and Azerbaijan, which offer significant potential for commercial cooperation.
According to Azeri-Press news agency, Prime Minister Hun Manet highlighted that while Azerbaijan excels in areas such as energy, petrochemicals, renewable energy, agricultural technologies, logistics, and digital infrastructure, Cambodia is recognized for its dynamic manufacturing sector, developed agriculture, young workforce, expanding clean energy usage, and preferential trade access to regional markets.
Prime Minister Hun Manet noted that economic cooperation between the two countries is still in its early stages, presenting extensive opportunities for development. He suggested focusing on expanding the variety of traded goods and services, fostering direct business contacts, and exploring new areas of investment and economic collaboration.
He expressed confidence that with increased participation from both the public and private sectors, Cambodia and Azerbaijan can fully realize their economic cooperation potential, leading to a more dynamic and mutually beneficial partnership. There is a need to enhance awareness of business environments and opportunities in both countries to stimulate investment.