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Ministry of Trade, industry and Resources PRESS CENTER Press Releases

Press Releases

Trade Minister Yeo Meets Deputy Prime Minister Sun to Discuss Korea–Cambodia Economic Cooperation

Minister for Trade Yeo Han-koo of the Ministry of Trade, Industry and Resources (MOTIR, Minister JK Kim) met with Sun Chanthol, Cambodia’s Deputy Prime Minister and First Vice Chairman of the Council for the Development of Cambodia (CDC), at the Korea Chamber of Commerce and Industry (KCCI) in Seoul on June 15, 2026. The two sides discussed expanding economic and trade cooperation between Korea and Cambodia. 


The meeting was held at Deputy Prime Minister Sun’s request during his visit to Korea for the 2026 Incheon–Cambodia Investment Roadshow, held in Incheon.


The two sides exchanged views on a broad range of bilateral economic issues, including the implementation of the Korea–Cambodia Free Trade Agreement (FTA), stronger economic cooperation, official development assistance (ODA), and international greenhouse gas emissions reduction.


Minister Yeo welcomed the continued growth in bilateral trade and investment since the Korea–Cambodia FTA entered into force in 2022 and bilateral relations were upgraded to a strategic partnership in 2024.


Minister Yeo also shared updates on MOTIR’s ODA projects for Cambodia, including the TASK (Technology Advice and Solutions from Korea) Center Project for Cambodia’s food processing sector, which has been under way since 2023, and the ASEAN Trade Officials Training Program scheduled for the second half of 2026. Deputy Prime Minister Sun said Korea’s ODA projects have contributed significantly to Cambodia’s economic development and expressed hope that they would further strengthen bilateral cooperation.


The two sides also reviewed the outcomes of Korea’s first approved international greenhouse gas reduction project in the industrial sector, which was finalized in 2025 with the Cambodian government’s approval. They agreed to strengthen cooperation in future industries, including green technology, building on Cambodia’s commitment to carbon reduction and Korean companies’ technological capabilities.


MOTIR will continue working with Cambodia to expand bilateral exchanges and support Korean companies seeking to enter and operate in the Cambodian market.