Wednesday, August 4, 2010

Vietnam, Cambodia Meet Over Trade, Security

Chun Sakada, VOA Khmer
Phnom Penh Tuesday, 03 August 2010

“Both sides agreed to create favorable conditions and further encourage trade and services in the border areas.”

Interior Minister Sar Kheng met with his Vietnamese counterpart on Tuesday in talks aimed at improving trade and relations among provinces along the border.

Trade volume between the two increased more than 120 percent in the first quarter of the year compared to the same period last year. But smuggling and other trade barriers remain.

“Both sides agreed to create favorable conditions and further encourage trade and services in the border areas,” according to a government statement released following Tuesday's meeting.

The two sides also agreed to provide each other with trade preferences, simplify import and export procedures and enhance the prevention of contraband.
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