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Cambodia and the US on August 10 renewed their commitment to further trade and investment cooperation, despite a number of challenges between the two countries that need to be addressed, as the latter pushes to renew a key trade preference scheme for developing countries.
Prime minister satisfied with flood relief measures
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Last year, the US’s Biden administration announced plans to increase two-way trade and investment between the US and Africa. The starting point was a revamp of the Trump-era “Prosper Africa initiative”.
America is seeking to reconnect with Africa through climate-smart solutions, health and digital technology.