ASEAN market is huge market for Cambodia, other ASEAN countries, says Cambodian PM Samdech Techo Hun Sen

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ASEAN market is huge market for Cambodia, other ASEAN countries, says Cambodian PM Samdech Techo Hun Sen

In this July 11, 2020 file photo, a cargo ship docks at Qinzhou Port in the China-ASEAN Free Trade Area in Qinzhou, Guangxi Zhuang autonomous region. PHOTO XINHUA PHNOM PENH China is an enormous market for Cambodia and other member states of the Association of Southeast Asian Nations ASEAN Cambodian Prime Minister Samdech Techo Hun Sen said on Wednesday in Phnom Penh.

The prime minister said that Cambodia and the rest of the ASEAN have been benefited from the Chinese market through the Cambodia-China Free Trade Agreement, the ASEAN-China Free Trade Area and the Regional Comprehensive Economic Partnership agreement.

He said that the export of ASEAN to China is a huge market and has provided a lot of benefits to all ASEAN countries, as well as a lot of benefits to all ASEAN countries.

Hun Sen said Cambodia and other ASEAN countries also expect a huge influx of Chinese tourists after the world's second largest economy optimized its anti-COVID 19 strategy and resumed outbound group tours earlier this year.

ALSO READ: Cambodia: China is the biggest economic, trade partner in Asia.

Joseph Matthews, a senior professor at the BELTEI International University in Phnom Penh, said that China has been the largest trading partner of ASEAN for more than a decade and that China-ASEAN ties have brought economic, social, technological and infrastructural development to the region.

The economic future of the ASEAN is linked to the Chinese outlook and growth, he told Xinhua. China will be a key factor in the economic growth and prosperity of the ASEAN in the post-COVID-19 pandemic era.