Topic > Culture in Cambodia - 2319

CambodiaCambodia is located in Southeast Asia and borders Thailand, Vietnam and Laos. The Mekong River flows from the northern part of the country south into the Mekong Delta which is located in Vietnam (“Cambodia Market Profile”). Cambodia has a total area of ​​69,900 square miles, making the country about the size of the state of Missouri. (“Cambodia Market Profile”). With a population of approximately 15 million, as reported by Nations Online, Cambodia is ranked as the seventh most populous country in Southeast Asia (“Countries by continents ___ Asian countries”). Approximately 1.5 million inhabitants are concentrated in the capital Phnom Penh (“Facts”). The country is divided into 24 provinces and 4 municipalities. Khmer is the primary language spoken in Cambodia and Buddhism is the most practiced religion (“Cambodia Country Profile”). International TradeExports“Cambodia is one of the few least developed countries to export goods worth more than $2 billion (Doing Business in Cambodia).” In 2012, Cambodia was reported to have exported an annual total of $5.48 billion in US dollars (Kunmakara and Xiang). The highest reported quarterly amount was US$1.8 billion in the third quarter of 2013 (“Exports from Cambodia”). After joining the World Trade Organization in 2004, Cambodia has experienced extraordinary economic growth, largely thanks to its largest trading partner: the United States. (Doing business in Cambodia). Although Cambodia holds only 0.04% of the world's share of total global exports, its small economy is growing rapidly. The main exports produced by Cambodia include goods from agriculture, fuel, mining and manufacturing (“Cambodia – Trade Profiles”). The system...... half of the document ("Country Profile of Cambodia"). Currently, Cambodia is experiencing a period of political and social unrest. Hun Sen was elected Prime Minister of Cambodia after a controversial election. Street protesters have been killed and there are fears that unrest will continue. Prime Minister Hun Sen is known for his brutality and lack of concern for human rights (Campbell). Conclusions and Recommendations The United States should view Cambodia as a nation that has great potential for economic success. Cambodia has offered many opportunities to foreign investors with great incentives. Economic indicators are constantly growing. To continue this trend of progress, infrastructure is improved and small victories for human rights are seen. These factors indicate that the business environment is favorable for investment in Cambodia.