Hanoi, Sept. 9 -- Philippine President Marcos Jr.'s recent official visit to Cambodia aimed not only to deepen bilateral ties and tackle shared challenges such as transnational crime, but also to unlock new opportunities for economic cooperation and trade expansion, according to analysts. Last year, two-way trade stood at just 110 million USD, a modest figure compared with the countries' potential. Economists held that while the current level is underwhelming, it reveals vast room for expansion. According to Carlo Asuncion, chief economist of the UnionBank of the Philippines, beyond traditional trade, the Philippines can explore strategic sectors such as agriculture, manufacturing and digital services. Cambodia's growing role as a manufactu...
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