Last night, I was delighted to host the American Chamber of Commerce in Cambodia – better known as “AmCham” – for their monthly networking event. It was a wonderful opportunity for the Cambodian business community, special guests, and members of the U.S. Embassy to meet one another, to learn about recent activities of the vibrant business community here, and to discuss ways we can work together. We had a great turnout with over 200 guests representing the private sector and NGOs who came to network and develop new relationships for doing business in Cambodia. Acleda Bank, Samaritan’s Purse, Visa, and the Cambodia Women Entrepreneurs Association represent some of the diverse guests who attended the event.
The U.S. Embassy’s partnership with AmCham has played a critical role in our efforts to expand U.S. trade and investment in Cambodia. Over the last two years, I have traveled with AmCham on two reverse trade missions to the United States and three regional trade missions to Thailand and Singapore. We have also co-hosted a webinar on doing business in Cambodia and worked together on AmCham-sponsored roundtables that featured such speakers as Minister of Commerce Sun Chanthol and Minister of Education Hang Chuon Naron. As I emphasized last night, Amcham members can be confident that my U.S. Embassy team is an advocate for building and expanding their outreach.
I am pleased we are starting to see the fruits of our cooperation. More and more American companies are looking at increasing trade and investing in Cambodia. Earlier this year Tiffany & Co., an iconic American jewelry company, opened a diamond-polishing factory in Cambodia. Several other large U.S. companies are planning to start operations next year.
I want to thank everyone who attended the AmCham networking event. Your presence made the night a tremendous success. With your help, we can continue to attract new American companies, expand bilateral trade, and support investment in Cambodia.
AmCham and its members deserve considerable credit for the work they do to create a more secure and prosperous future for the people of the United States and Cambodia. Amcham provides its members with a template for developing successful and efficient business methods, corporate social responsibility programs, ethical commercial practices, and nurturing future leaders through internship opportunities. Are you interested in learning more about the role of AmCham in Cambodia or becoming a member? For more information check out AmCham’s website and one of my previous blog entries on this topic: The U.S. Embassy and AmCham – Working Together to Promote Business and Investment in Cambodia.