Source: FN
Representative of the ASEAN-EU Business Council for Southeast Asia claimed that Cambodia has the most favorable investment climate compared to other ASEAN countries, speaking in a courtesy call with Cambodian Prime Minister Hun Sen on Thursday in Brussels.
The ASEAN-EU Business Council’s representative reassured the premier that his investment groups will continue to invest in the investment-friendly Cambodia with over 50% support to collaborate on trade.
Prime Minister expressed his appreciation for the statement of the ASEAN-EU Business Council, and urged the European Commission to also listen from businesses and civil societies.
In the worst scenario, the premier said that if EBA was withdrawn, Cambodian will continue to export, but with taxes increased. He added that Cambodia will not have any measures to impose on European companies; the delegation just wants to tell EU the truths.