Cambodia Current Affairs - 2019

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Thailand names Siamese Fighting Fish its National Aquatic Animal

The government of Thailand has approved the proposal to name Siamese fighting fish as the National Aquatic Animal. The decision for based on the recommendation of the National Identity Committee of Thailand which promotes Thai cultural pride forwarded its endorsement of the fighting fish.

The government has approved the proposal owing to the cultural and historical significance of the Siamese fighting fish for Thailand. The Siamese fighting fish was chosen as it’s a native, unique species to the kingdom’s waters and an important animal for Thailand’s economy.

Siamese Fighting Fish

The Siamese fighting fish commonly known as the betta is a popular fish in the aquarium trade. The Siamese fighting fish is native to the Mekong basin of Thailand, Laos, Cambodia, Vietnam and mostly found at Chao Phraya river in Thailand.

The Siamese fighting fish was registered as intangible cultural heritage by the Cultural Ministry in 2013. The designation of Siamese fighting fish as Thailand’s national aquatic animal could help boost both conservation efforts and commercial breeding.

The IUCN status of the Siamese fighting fish is Vulnerable. The threats to the Siamese Fighting Fish include Human intrusions & disturbances, Natural system modifications through the construction of Dams Presence of Invasive and other problematic species, genes & diseases, Pollution due to domestic & urban wastewater, Industrial & military effluents and Agricultural & forestry effluents.

Month: Categories: InternationalUPSC

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5th India-CLMV Business Conclave held at Phnom Penh, Cambodia

The 5th India-CLMV (Cambodia, Lao PDR, Myanmar and Vietnam) Business Conclave was held at Phnom Penh, Cambodia. It was jointly organised by Ministry of Commerce & Industry along with Ministry of Commerce of Cambodia. The Confederation of Indian Industry (CII) is institutional partner of the event.

Key Facts

The business conclave provided opportunity for developing better understanding of CLMV economies which have untapped potential for development and offer more scope for enhancement of economic engagement with India. It saw participation of ministerial and business delegations from India, Cambodia, Myanmar, Vietnam and Laos consisting of about 400 delegates.

The conclave called for collaboration of CLMV countries and India on agriculture, health, tourism, education and connectivity to promote regional integration and creation of value chain and emphasised need for strengthening India-CLMV business and trade relations.

The sessions of conclave focussed on sectors such as SME, manufacturing, agriculture, plantation, fisheries and related industries, healthcare, education, information technology and skill development. It also highlighted need for greater connectivity, promoting small and medium enterprises, harnessing opportunities in service sector especially health care, tourism, transportation and logistics. It also stressed upon need to promote productivity and value addition in agriculture to address livelihood and employment issues.

India proposed setting up of India-Cambodia Chamber of commerce with institutional partnership between CII and Cambodian Chamber of Commerce. Such similar bilateral business forums will be also setup in Vietnam and Laos to institutionalize bilateral business to business engagements of India with each of CLMV countries.

Background

CLMV region is considered as India’s gateway to entire ASEAN and provides access to huge markets of these countries. These four countries represents rapidly growing economy with rising consumption, strategic location and access, rich natural resources (oil, gas, copper, teak and gemstones), biodiversity and industrious workforce with low wages. They also offer significant opportunities for trade in goods and services, investment and project exports. India seeks to invest in CLMV countries (which are part of 10-member ASEAN group) to take advantage of free trade agreements they have with various countries such as China.

Month: Categories: Business, Economy & Banking

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