India-Cambodia
India, Cambodia looking forward to cooperation in traditional medicine,governance and UPI
Indian and Cambodian officials recently co-chaired a meeting when they looked forward to cooperation into the fields of traditional medicine and e-governance, diversification of the trade basket by identifying new products, bilateral investment treaty, recognition of Indian Pharmacopoeia and collaboration in the pharma sector.
The 2nd meeting of JWGTI was hosted by India in Vanijya Bhawan, New Delhi on 19th June 2024.
The meeting was co-chaired by Siddharth Mahajan, Joint Secretary, Department of Commerce, Ministry of Commerce and Industry, India and Long Kemvichet, Director General for International Trade, Ministry of Commerce, Cambodia.
The representatives of stakeholder Ministries also participated in the meeting. The JWGTI was first held in July 2022 virtually, read statement issued by the Indian Ministry of Commerce and Industry.
This was the first physical meeting of the JWGTI after it was institutionalized.
The JWGTI discussed various measures to improve the value and the quantum of trade to facilitate the expansion of trade and to promote investment.
Siddharth Mahajan mentioned about measures for deepening bilateral trade and investment and also emphasized on creation of mechanism for cooperation and collaboration in sectors of mutual interest.
The meeting discussed the progress of the ongoing efforts for collaboration in Unified Payment Interface (UPI) based digital payment to promote trade and tourism.
The Cambodian side elaborated on the numerous investment opportunities that Cambodia presents for Indian businesses.
Support Our Journalism
We cannot do without you.. your contribution supports unbiased journalism
IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.
