Cambodia trade with S Korea drops 22% in first 5 months

PHNOM PENH, Aug. 12 (Xinhua) -- Trade volume between Cambodia and South Korea dropped 22.6 percent in the first five months of this year, a sign that the global economic crisis continues to grip both countries, local media reported on Wednesday.

Total volume through May reached 114 million U.S. dollars, down from 147.27 million U.S. dollars over the same period last year, the Phnom Penh Post quoted Lee Hyoung-seok, deputy director general of the South Korea Trade-Investment Promotion Agency, as saying. Read more...