Sign up | Log in



Home  >>   Daily News  >>   Cambodia  >>Investment  >> Seafood, tourism, rice top Russia’s trading wish list
NEW UPDATES Asean Affairs  21 July 2015  

Seafood, tourism, rice top Russia’s trading wish list

Russia is looking to up its investment in agricultural products, mainly rice and seafood, and the tourism sector in the Kingdom, after Russian Minister for Communications and Mass Media Nikolay Nikiforov met with Commerce Minister Sun Chanthol last week.

Nikiforov, who led a group of business delegates to Cambodia, said Russia was looking to improve its business relationship with Cambodia and emphasised Russia’s economic areas of interest in the country.

The Russian minister also met with the Council for Development of Cambodia’s secretary general Sok Chenda Sophea.

“Seafood is in big demand for Russia due to EU sanctions,” said Nikiforov, in a statement released after the meeting.

Nikiforov said that a bilateral trade agreement between Russia and Cambodia should be worked on as soon as possible, to expand trade between the two countries.

Nikiforov also said that the delegation had expressed interest in exploring the hotel and tourism industry in Sihanoukville, as well as looking into the feasibility of direct flights between Russia and Cambodia.

Russian tourism, while still the highest in terms of arrivals to Sihanoukville, saw a slight downturn late last year after the ruble lost two-thirds of its value to the dollar, after the imposition of Western sanctions once the Ukraine crisis hit the region.

In return, Chanthol urged his counterpart to review the list of 3,000 items that will have duty-free and quota-free access to Russian markets, in a bid to increase export volumes from Cambodia.

The 3,000-item list was first mooted during out-of-session talks during last year’s 46th ASEAN Economic Ministers Meeting in Myanmar.

Rice, cassava, corn and rubber were just a few of the products that the list is expected to focus on boosting.

A high-level Cambodia-Russia working group has been set up and will lead a delegation to visit Russia this year.

The Agreement on the Promotion and Reciprocal Protection of Investment between Cambodia and Russia was adopted by the Council of Ministers and submitted to the National Assembly for adoption, said Chanthol.

“The Ministry of Commerce is ready to initiate the negotiation of a free trade agreement with the Eurasian Economic Union, on getting approval from Prime Minister Hun Sen,” he said.

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                           July  21 , 2015 Subsribe Now !
• Vinh Tan 1 thermal plant construction starts in central VN Subcribe: Asean Affairs Global Magazine
• Russians, locals top Sihanoukville tourists
• Banks to advise Myanmar on first credit rating
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Seafood, tourism, rice top Russia’s trading wish list
• Fabrication yard offers opportunities to local businesses
Asean Analysis                   July 13, 2015
• Asean Analysis July 13, 2015
Enter Science for Solving South China Sea Disputes
Advertise Your Brand

Asean Stock Watch  July  20,   2015
• Asean Stock Watch-July  20, 2015
The Biweekly Update
• The Biweekly Update June 26, 2015

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy | DISCLAIMER |

Version 5.0
Copyright © 2007-2015 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand