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CLMV Business Conclave

Mr. Sun Chanthol, Senior Minister, Minister of Commerce, Kingdom of Cambodia said, "It's important to network and share best-practices and strengthen businesses ties between the countries. The trade investment between India and the ASEAN countries is crucial since the CLMV countries cover 32% of the ASEAN region and has a huge market for Indian products and with a 165 million strong population. This will attract considerable amount of FDI from India. He briefed potential Indian investors about the  investment regime in Cambodia noting that investment law provides very generous investment incentives such as low corporate income tax of 20%, up to nine years tax holiday, no restriction on foreign ownership in every economic sector, no exchange control, and no nationalization and price control.

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