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The Better Cambodia > Blog > Invest In Cambodia > Business > Cambodian Prime Minister Joins Hands with Alibaba for Global Business Expansion
BusinessNews

Cambodian Prime Minister Joins Hands with Alibaba for Global Business Expansion

Surya Narayan
Last updated: October 19, 2023 1:24 am
Surya Narayan
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During a meeting at the 3rd Road and Belt Forum for International Coordination in Beijing, Prime Minister of Cambodia, Dr. Hun Manet, and Ms. Wen Jia, President of Alibaba Group’s Public Affairs Department, discussed the collaboration between Alibaba and Cambodia. They expressed their gratitude for the Memorandum of Understanding (MOU) signed between the Ministry of Commerce of Cambodia and Alibaba Group, which enables Cambodian products to be directly sold through Alibaba’s eWTP Platform in the Chinese market and ASEAN countries, boosting e-commerce promotion.

Ms. Wen Jia informed the Prime Minister about Alibaba’s significant global presence with approximately 1.3 billion customers worldwide. She highlighted the successful sale of Cambodian products, such as milled rice and longan, on Alibaba’s e-commerce platform. Additionally, she mentioned the e-platform created by Alibaba for Chinese citizens to apply for Cambodian visas, leading to a significant increase in the number of applicants.

Prime Minister Hun Manet welcomed the partnership between Alibaba and Cambodian companies, enterprises, as well as relevant ministries and institutions. He expressed his optimism that Cambodian entrepreneurs would make the most out of the Alibaba e-commerce platform to maximize opportunities in the international market.

This collaboration serves as a gateway for Cambodian entrepreneurs to expand their reach and tap into the global market. By leveraging Alibaba’s vast customer base and efficient e-commerce platform, Cambodian products and services can be effectively promoted and sold to a broader audience.

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The Prime Minister’s positive outlook reflects Cambodia’s commitment to fostering trade and economic growth and using digital platforms to facilitate business transactions. By utilizing Alibaba’s e-commerce platform, Cambodian entrepreneurs can optimize their business potential and thrive in the international market.

The partnership with Alibaba not only signifies a significant milestone in Cambodia’s e-commerce sector but also demonstrates the government’s support in bringing Cambodian products and services to the world stage. Embracing this collaboration, Cambodia is poised to enhance its economic growth, attract foreign investment, and establish itself as a competitive player in the global marketplace.

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BySurya Narayan
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Founder at The Better Cambodia | Communication Advisor to the Minister attached to the Prime Minister of Cambodia | Marketing Director at True North Lean
Previous Article Cambodia’s Ministry of Public Works and Transport Explores AI Modernisation in Collaboration with AI Technology Pte. Ltd.
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