Pakistan’s Commerce Minister, Jam Kamal Khan, has urged Cambodian businesses to explore investment opportunities in Pakistan’s agriculture, textiles, pharmaceuticals, and tourism sectors. The appeal was made during the inaugural session of the Pakistan-Cambodia Joint Trade Committee (JTC) held in Phnom Penh on January 21, 2025, as Islamabad seeks foreign investment to address its ongoing economic challenges.
Khan’s visit to Cambodia, which began on January 19, marked a three-day official tour aimed at bolstering bilateral trade ties and fostering sustainable economic growth.
During the meeting, the Pakistani commerce minister emphasized Pakistan’s strategic geographic location, its growing economy, and investor-friendly policies, presenting the country as a gateway to major markets in South Asia, Central Asia, and the Middle East.
Khan also held discussions with Cambodian Commerce Minister Cham Nimul, covering key areas of mutual interest such as trade, health, banking, agriculture, aviation, and customs. Minister Nimul lauded the launch of the JTC and expressed her intent to visit Pakistan for the next committee session, following a formal invitation from Khan.
The Cambodian minister further emphasized the importance of exploring joint ventures to capitalize on regional opportunities, citing Cambodia’s market access within the ASEAN region.
The Pakistani Commerce Ministry highlighted the untapped potential in bilateral trade, which is currently valued at $45.5 million, and reiterated the commitment of both sides to strengthening economic ties.
“Both countries expressed interest in signing Memorandums of Understanding (MoUs) for cooperation in aviation, banking, and customs,” the ministry stated. Focal persons from both nations will be appointed to expedite negotiations for these agreements.
Additionally, the two countries agreed to exchange trade-related information, organize trade delegations, and provide support to their respective business communities.
The initiative reflects Pakistan’s broader efforts to improve its economic outlook by fostering international trade partnerships and attracting foreign investment.
