Trade

Cambodia has now exported its first batch of fresh mangoes to China this week. The agreement was made between the two countries back in June when it was decided that Cambodia could export around 500,000 tonnes of high quality mangos per year. ...

Kampot provincial officials are seeking a solution with Vietnamese authorities to enable smooth cross-border rice commerce and resolve lingering concerns over traffic congestion and customs procedures. ...

Iran has voiced an interest in buying Cambodian agricultural products for domestic consumption and re-export, Cambodian ambassador to Thailand Ouk Sorphorn told The Post on December 3. ...

A senior official of the Ministry of Commerce (MoC) said negotiations towards a free trade agreement (FTA) between Cambodia and South Korea saw agreement on 90 percent of the issues addressed as the fourth round of talks concluded last month. ...

Cambodia has exported more than 5 millon tonnes of agricultural products (excluding rice) in the first 11 months, according to Ministry of Agriculture, Forestry and Fisheries (MAFF). ...

CRF’s president Song Saran said demand for Cambodian rice in the global market is increasing and the CRF expected exports to reach 800,000 tonnes this year. However, because there was drought, and flash-flooding in September, the figure may change. ...

Garment Manufacturers Association in Cambodia (GMAC) yesterday announced that developing countries which are eligible, like Cambodia, will be able to get trade preference through the United Kingdom’s Generalised Scheme of Preferences (GSP) from January 1. ...

Cambodia and the EU on November 16 pledged to enhance trade and investment in an effort to spur post-Covid-19 economic recovery in light of the bloc’s recent partial withdrawal of trade privileges. ...

Cambodia and Denmark have pledged closer economic cooperation to enhance tourism, trade and investment between the two countries, according to the Royal Embassy of Cambodia in Bangkok. ...

Cambodia began the fourth round of free trade talks with South Korea this week, as the Kingdom continues to embark on expanding regional integration with an aim to diversifying export opportunities. ...

The long-awaited Asia-Pacific Regional Comprehensive Economic Partnership (RCEP) agreement was officially signed yesterday.  The signing brings renewed hopes for comprehensive change in the flow of regional trade and investment and the promotion of intra-bloc supply chains capable of bolstering trust among members of the region’s ...

Bilateral trade between Cambodia and the Republic of Korea was valued at $661 million in the first three quarters of this year, a year-on-year decrease of 15 percent. ...

Prime Minister Hun Sen has ordered the Ministry of Commerce to work with Svay Rieng and Kampot officials to build two additional border markets in a bid to shore up border trade and enhance cooperation with Cambodia’s neighbour Vietnam. ...

Cambodia exported $14.1 billion worth of goods in the first nine months of this year, up 20.07 per cent from the same period last year, despite Covid-19’s production-chain disruptions and its impact on global demand, the Ministry of Economy and Finance reported. ...

The independent Phnom Penh-based think tank Asian Vision Institute on Monday called on the five inland ASEAN countries to consider setting up a regional rice-producing association to maintain food security in the region amid Covid-19. ...

The National Assembly on Monday approved the First Protocol to Amend the Agreement on Comprehensive Economic Partnership among Japan and Member States of the Association of Southeast Asian Nations (AJCEP – 1st Protocol). ...

Over 1.5 million units of Cambodian bicycles have been exported to foreign markets as of the third quarter of this year, generating nearly $400 million, according to figures from the Ministry of Commerce. ...

In 2015, the government set a target for 1 million tonnes of rice exports by 2020. It will miss it this year with an expected 800,000 tonnes and has reset it for next year. ...

Cambodia exported 209,819 tons of dry rubber in the first nine months of 2020, up 21 percent compared to the same period last year, said a General Directorate of Rubber report. ...

Cambodia has exported nearly 1 million tonnes of milled rice as of the third quarter of 2020, and the figure could reach 1.2 million tonnes in a near future. The record was revealed on Tuesday by the Cambodia Rice Federation, underlining that the export followed ...

Twenty leading Cambodian companies are set to participate in the third edition of the Indo-Pacific Business Forum (IPBF) on Wednesday to explore the potential business and investment opportunities that are available in the region. ...

Having more free trade agreements with partner countries is a good deal for Cambodia that currently gets its biggest advantage from trade preferences under its Least Developed Country status. ...

Cambodia Rice Federation (CRF) has claimed that the floods, which have had the biggest impact on the agriculture sector, will not hurt the country’s rice exports this year. ...

Newly appointed Ambassador of Russia to Cambodia Anatoly Borovik has pledged to further boost the trade relations and investment between the two countries, which are currently at a low level.   ...