Home » A Partnership for Progress: The Better Cambodia and IFBIC Join Forces to Foster Bilateral Trade

A Partnership for Progress: The Better Cambodia and IFBIC Join Forces to Foster Bilateral Trade

by Surya Narayan
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The collaboration between The Better Cambodia (TBC https://thebettercambodia.com ) and the International Federation of Business and Industry Chambers (IFBIC https://ifbic.com ) marks a significant milestone in fostering bilateral trade and economic development. This partnership opens doors for Indian and other companies to expand their markets in Cambodia, paving the way for increased investment and mutual growth.

A Meeting of Minds

The meeting that set the stage for this collaboration took place between Surya Narayan, Founder and CEO of The Better Cambodia, and Mr. Amresh Kumar Singh, President of IFBIC, along with Ms. Molly Faulkner, Senior Vice President of IFBIC. The primary objective of this partnership is to bring more trade missions to Cambodia from different countries, thereby promoting economic collaboration and enhancing trade opportunities.

The Better Cambodia: Promoting Positive Change

Established in July 2022, The Better Cambodia is dedicated to transforming the narrative surrounding Cambodia and showcasing the true essence of this vibrant nation to a global audience. TBC operates under three distinct divisions: Positive Media, Invest in Cambodia, and Visit Cambodia, each focused on achieving specific goals for the country’s development and prosperity.

TBC strongly believes in the necessity of a platform that highlights positive news about Cambodia. Despite its turbulent past, Cambodia has achieved significant milestones in economic development, political stability, and social progress in recent years. The country is a rapidly emerging economy with a stable government and a strong growth trajectory, having experienced an average annual economic growth rate of over 7% in the past decade, driven by robust performances in different sectors and industries.

Government policies aimed at attracting foreign investment and improving infrastructure have further spurred economic development.

TBC’s mission is clear: to alter the false negative narrative that has been perpetuated about Cambodia. The platform aims to attract investors and tourists by highlighting the rich culture, stunning landscapes, and warm-hearted people of Cambodia. By showcasing positive stories and content, TBC seeks to inspire others to see Cambodia through a new lens, one that highlights its resilience, beauty, and potential.

IFBIC: Advocating for Business Growth

IFBIC represents the interests of businesses across several regions and industries. Its primary role is to promote economic development, support local businesses, and advocate for policies that benefit the business community. IFBIC’s initiatives include:

  • Advocacy: Lobbying government officials and advocating for policies that benefit businesses, such as tax breaks or regulatory reforms.
  • Networking: Providing opportunities for businesses to connect and build relationships through events such as mixers, seminars, and workshops.
  • Education: Offering educational resources to help businesses succeed, including training programs, webinars, and newsletters.
  • Marketing: Promoting members’ businesses through advertising, referrals, and other marketing initiatives.
  • Economic Development: Attracting new businesses to the region and supporting existing businesses to grow and expand.
  • Sales: Involvement in community events and initiatives, such as festivals and charity drives, to build a stronger business community.

A Bright Future Ahead

With the signing of a Memorandum of Understanding (MOU), the IFBIC team is set to visit Cambodia in July to take further steps towards realizing the objectives of this collaboration. This partnership is a win-win for both organizations, offering Indian and other companies new opportunities in Cambodia while promoting bilateral trade and economic growth.

As The Better Cambodia continues to uphold its core values of authenticity, integrity, and a genuine love for the nation, this collaboration with IFBIC is poised to make a meaningful impact. Together, we aim to reveal the true spirit of Cambodia and make a lasting, positive impact on its future.

For more information and to support the mission of The Better Cambodia, please connect with our team at info@thebettercambodia.com. Join in our journey to change the narrative and show the world the better side of Cambodia.

Explore The Better Cambodia – a vibrant media hub focusing on remarkable successes and heartening stories. Stay connected to the progress and be inspired by its promising future.

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