Sar Sokha, Deputy Prime Minister and Minister of Interior of CAMBODIA, announced increased cooperation with the Royal Government of Thailand and other countries in the fight against human trafficking and other abuses. He emphasised that the Royal Government of Cambodia is determined to prevent and suppress those acts more strongly by not allowing the perpetrators to escape (Source: Khmer Times). Along with its ASEAN neighbours Viet Nam and Lao PDR, Cambodia has been enhancing access to affordable trade finance, which could augment imports and exports by up to 9%. The combined annual increase in merchandise trade of the three countries has surpassed $58 billion, according to a new joint report from the International Finance Corporation and the World Trade Organisation (Source: Khmer Times).
The Asian Development Bank (ADB) has signed a US$10 million grant agreement with the government of LAO PDR that will strengthen the country’s response to ongoing food security issues. ADB has helped the Ministry of Agriculture and Forestry to secure US$10 million in grant financing from the Global Agriculture and Food Security Programme (Source: Vientiane Times).
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