The 5th India-CLMV Business Conclave was held at Phnom Penh, Cambodia.
- CLMV is an acronym for Cambodia, Lao PDR, Myanmar and Vietnam.
- The conclave was jointly organized by Ministry of Commerce & Industry along with Ministry of Commerce of Cambodia.
- The Confederation of Indian Industry (CII) is institutional partner of the event.
- Around 400 delegates from India, Cambodia, Myanmar, Vietnam and Laos participated in the conclave.
- The inaugural session was followed by plenary and country sessions which focussed on sectors such as SME, manufacturing, agriculture, plantation, fisheries and related industries, healthcare, education, information technology and skill development.
- It provided an opportunity for developing better understanding of CLMV economies.
- During the conclave, the Union Commerce Minister Suresh Prabhu emphasized the need for strengthening the business and trade relations between India and CLMV.
- India proposed setting up of India-Cambodia Chamber of commerce with institutional partnership between CII and Cambodian Chamber of Commerce.
