Northfield Strengthens Trade with Cambodia’s Francophonie Department
Toronto, Canada, June 8, 2024 – Mr. That Soun, CEO, and Mr. Andy Lim, Chairman and President of Northfield & Associates, convened with Mr. Chan Bonira, Director of the Francophonie Department, and his delegation from the Ministry of Foreign Affairs and International Cooperation of the Kingdom of Cambodia.
The meeting focused on reinforcing the cooperation between Northfield & Associates and the Francophonie in Cambodia’s private business sectors. A key highlight was the Canada business network’s invitation to join the Rencontre des Entrepreneurs Francophones 2026, for which the Cambodian Chamber of Commerce has submitted its candidacy. Additionally, discussions covered Cambodia’s bid to host the upcoming Francophonie Summit in 2026.
Mr. Soun emphasized the significant role of both domestic and expatriate Cambodians in bolstering the national economy. The meeting underscored the importance of strengthening trade and investment ties between Cambodia’s private sector and Canadian markets, noting Canada as one of Cambodia’s largest trade partners. The dialogue encouraged Cambodian businesses to explore investment opportunities in Canada.
Despite the strong existing relationship, bilateral trade and investment between Cambodia and Canada remain limited. To address this, Mr. Andy proposed the establishment of a joint trade visit to Cambodia. This initiative aims to enhance economic cooperation and explore opportunities in various sectors, including agriculture, industry, manufacturing, healthcare, information technology, and the environment.
In conclusion, the recent meetings reflect Northfield & Associates’ proactive approach to strengthening Cambodia’s international business relations. By fostering partnerships with Cambodia, Northfield & Associates aims to enhance trade, attract investment, and promote sustainable economic development in both countries’ sectors.
About Northfield
Northfield & Associates is a consulting firm and a trusted advisor on business strategy in Cambodia. We specialize in the key global sectors, including
- agribusiness , aviation and automotive, energy, natural resources, financial services, healthcare, infrastructure, real estate and information technology. Industry Solutions, Service Line and Global & Regional Services.
- clients get access to in-depth knowledge in key sectors and a suite of legal services.
- legal, financial management, risk assessment, real estate, IT]
and enablement of organizations strategies. We partners with array of clients to reach new frontiers and cross uncharted organizations territories. We would work across various sectors in both the private and public, including government domain and focus on strategic, operations, organization and change.
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