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Hun Sen says Cambodia, Hungary must maximise trade ties

Sreyphos Poch​​   On February 7, 2025 - 3:28 pm​   In Cambodia Insider  
Hun Sen says Cambodia, Hungary must maximise trade ties Hun Sen says Cambodia, Hungary must maximise trade ties

Senate President Hun Sen Wednesday said that Cambodia and Hungary should explore areas of mutual cooperation to maximise their trade potential.

He made these remarks during a meeting with a high-level Hungarian delegation led by Marta Matrai, First Deputy Speaker of the National Assembly (NA), at the Senate Palace in the capital.

Writing on his social media, Mr Hun Sen noted: “Your visit will contribute to further strengthening the long-standing relationship between Cambodia and Hungary, as diplomatic relations between the two countries will mark the 70th anniversary in 2026. Cambodia will always remember the support and assistance Hungary has provided in the process of national reconstruction and development.”

He further wrote, “To promote bilateral cooperation, both sides should strengthen economic, trade and investment cooperation and explore areas of cooperation that boost trade between the two countries.”

The two sides must also continue cooperation in other sectors such as culture and especially education.

On her part, Matrai said that the relationship between Cambodia and Hungary is built on mutual respect, with the Kingdom being a prominent partner of Hungary in the region.

“Through cooperation in multilateral frameworks such as between ASEAN and the European Union, as well as the Asia-Europe Meeting (ASEM), Cambodian-Hungarian relations will continue to strengthen,” said a statement quoting her.

On the strengthening of cooperation between Cambodia and Hungary, she stated that both sides held a joint committee meeting on economic cooperation in Budapest in 2024, focusing on water resources management, agriculture, and credit projects, including those in the food security sector.

In the field of economics and trade, Matrai hoped that the two countries would strive to promote cooperation between each other, especially boosting trade volume to match the potential of the two countries.

The Hungarian delegation is on a five-day (Feb 5-9) official visit to Cambodia.

According to an announcement by the General Secretariat of the National Assembly, Matrai will visit the Royal Palace, take a boat ride on the Mekong River, and visit ancient temples in Siem Reap province.

 

source ៖ Khmertimes