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Cambodian Company Signs Potentially Lucrative Chinese Silk Deal

By: Bronwyn Sloan Posted: January-01-2006 in
Bronwyn Sloan

Companies based in Phnom Penh and the Chinese municipality of Chongqing have inked a memorandum of understanding (MoU) that will see the produce of Cambodian silk worms being exported to China in commercial quantities, local media reported this week.

The MoU was signed between Cambodia's Tanimex Company Ltd and Chongqing Wintus (New Star) Trade Development Ltd, which lists Liangping Wintus Silk & Textile Ltd as its subsidiary partner, Khmer-language daily Rasmei Kampuchea reported in a front page story. Both Chinese companies are recognized by the China Chamber of Commerce.

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