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Cambodia: SMEs apply to sell products on Commerce Ministry’s online marketplace

More than 300 small and medium enterprises (SMEs) have applied to display their products on Cambodia Trade, an online marketplace initiated by the Ministry of Commerce.

The ministry received 325 applications as of November 15.

73 of the applications have passed all checks and are eligible to display products on the marketplace. The rest are still undergoing final checks, according to ministry spokesman Pen Sovicheat.

Most of the applicants are in the agro-industry, handicraft, food and beverage processing and textile industries, he said.

A ministry working group is addressing minor technical problems, mainly related to transportation issues, Sovicheat said.

“Due to technical problems Cambodia Trade has been delayed a bit,” he said, adding that the ministry wanted to ensure all items ordered by customers will be transported accurately and safely.

“We will try to accelerate and launch the Cambodia Trade soon,” he said.

The ministry planned to launch the e-marketplace in October, after reaching deals with local delivery firms and payment system companies.

Commerce Minister Pan Sorasak said the market has been designed as an online platform for SMEs to sell Cambodia-made products to domestic and foreign consumers and business partners.

“Regardless of where you are, you can access Cambodian products,” Sorasak said.

Products eligible for the online marketplaces have to be made locally and hand-crafted, according to the ministry. Both local and foreign companies with operations in Cambodia are eligible to apply to join the marketplace.

The CambodiaTrade e-marketplace was developed with financial support from the Switzerland-based Enhanced Integrated Framework for Trade-Related Assistance for Least-Developed Countries.

The government says it hopes Cambodia Trade will make the Kingdom less reliant on foreign financial aid.

Source: https://www.khmertimeskh.com/50972924/smes-apply-to-sell-products-on-commerce-ministrys-online-marketplace/