Government

International relations

Cambodia ready to welcome return of Chinese investors, tourists

Cambodia’s Ministry of Tourism (MoT) said Thursday that the kingdom is ready to welcome the return of Chinese investors and tourists, saying that their presence is vital for its tourism and socioeconomic development. ...

Khmer Times Staff
https://www.khmertimeskh.com/501215188/cambodia-ready-to-welcome-return-of-chinese-investors-tourists/

RCEP will help Cambodia graduate from its least developed country (LDC) status by 2028

Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) member countries reached $28.4 billion in the first 11 months of 2022, a year-on-year increase of 7 percent, the Ministry of Commerce’s latest report showed on Tuesday. ...

Khmer Times Staff
https://www.khmertimeskh.com/501214449/rcep-will-help-cambodia-graduate-from-its-least-developed-country-ldc-status-by-2028/

Thailand, Cambodia inch closer towards oil and gas exploration in disputed waters

Discussions of a joint development area (JDA) for oil and gas exploration in the overlapping claims between Cambodia and Thailand in the Gulf of Thailand have reached the level of the Cabinet, a Government House source said. ...

Khmer Times Staff
https://www.khmertimeskh.com/501214491/thailand-cambodia-inch-closer-towards-oil-and-gas-exploration-in-disputed-waters/

Thai fugitive linked to casino fire received Cambodian citizenship, shares business ties with Tycoon Ly Yong Phat

Fugitive Thai politician Vatana Asavahame, linked to management of the Poipet casino devastated by a deadly fire last week, received Cambodian citizenship in a 2008 royal decree, according to documents viewed by CamboJA. ...

Jack Brook and Sovann Sreypich
https://cambojanews.com/thai-fugitive-linked-to-casino-fire-received-cambodian-citizenship-shares-business-ties-with-tycoon-ly-yong-phat/

BRI projects will help Cambodia become an upper-middle income country: Cambodian expert

A Cambodian researcher said that the Belt and Road Initiative (BRI) projects will be a contributor to the economic growth in Cambodia and in the region in the post-pandemic COVID-19 era and will help Cambodia achieve its ambitious goal of becoming an upper-middle income country ...

Khmer Times Staff
https://www.khmertimeskh.com/501213631/bri-projects-will-help-cambodia-become-an-upper-middle-income-country-cambodian-expert/

Cambodia to benefit from China’s commitment to free trade and sharing its large domestic market with the world

China’s broader push for its pathway to modernization has fueled expectations that the nation will bring more opportunities and create a dynamic of growth that will deliver wide-ranging benefits for the world, according to business leaders and analysts. ...

Khmer Times Staff
https://www.khmertimeskh.com/501213673/cambodia-to-benefit-from-chinas-commitment-to-free-trade-and-sharing-its-large-domestic-market-with-the-world/

PM plans China visit to drum up investment

Prime Minister Hun Sen is scheduled to pay a state visit to China for talks on new infrastructure projects in Cambodia, including the Phnom Penh-Bavet Expressway. The visit will coincide with the 65th anniversary of the two nations’ bilateral relations. ...

Samban Chandara
https://www.phnompenhpost.com/national-politics/pm-plans-china-visit-drum-investment

Cambodia’s goods exports to US rise nearly a quarter on-year to $8.2B

Cambodia and the US traded goods worth $8.510 billion in the first 11 months of 2022, marking gains of 21.79 per cent on-year, with Cambodian exports to the world’s largest economy accounting for a 96.56 per cent share, according to the General Department of Customs ...

Hin Pisei
https://www.phnompenhpost.com/business/cambodias-goods-exports-us-rise-nearly-quarter-year-82b

US embassy welcomes PM to strengthen bilateral ties

US Ambassador W. Patrick Murphy welcomed Prime Minister Hun Sen to the U.S. Embassy in Phnom Penh in a move that aims to strengthen bilateral relations into 2023. It added that the United States has welcomed Cambodia’s leadership of ASEAN during a year of “global ...

Marissa Carruthers
https://kiripost.com/stories/us-embassy-welcomes-pm-to-strengthen-bilateral-ties

Cambodia-China trade reaches $14.5b

Cambodia-China trade volume hit $14.5 billion, up 19 percent from the previous year, Prime Minister Hun Sen said. ...

Mao Sreypich
https://kiripost.com/stories/cambodia-china-trade-reaches-145b

2022 marks another fruitful year of Cambodia-China cooperation

The year of 2022 marked another fruitful year of pragmatic cooperation between Cambodia and China as the two countries have enjoyed bigger trade and investment volumes, officials and academics said. ...

Khmer Times Staff
https://www.khmertimeskh.com/501212286/2022-marks-another-fruitful-year-of-cambodia-china-cooperation/

First export of ‘pra’ fish to China seen January at earliest

The inaugural export of Cambodian iridescent shark catfish to China has again been delayed, and is now expected to take place as soon as next month, as the only authorised exporter takes care of some final formalities, according to Ministry of Agriculture, Forestry and Fisheries ...

Bor Pich Zelin
https://www.phnompenhpost.com/business/first-export-pra-fish-china-seen-january-earliest

Cambodia-China bilateral trade volume surged 19%, says PM

Trade volume between Cambodia and China reached $14.5 billion this year, an increase of 19 percent compared to last year, said Prime Minister Hun Sen today. ...

Sok Sithika
https://www.khmertimeskh.com/501211511/cambodia-china-bilateral-trade-volume-surged-19-says-pm/

Cambodia says RCEP all about win-win cooperation, not zero-sum game

The Regional Comprehensive Economic Partnership (RCEP), the world’s biggest free trade deal, is all about “win-win” cooperation and is “not a zero-sum game,” a Cambodian government official has said. ...

Khmer Times Staff
https://www.khmertimeskh.com/501211518/cambodia-says-rcep-all-about-win-win-cooperation-not-zero-sum-game/

Cambodia sees new policy framework, ADB loan & BFC extension in 2022

Implementation of the National Policy Framework for Cambodia’s Economic Productivity 2022-35, a pact with Japan to make Sihanoukville a major port, a $50-million loan from the Asian Development Bank to back economic diversification and boost competitiveness, and extension of the Better Factories Cambodia (BFC) programme ...

Khmer Times Staff
https://www.khmertimeskh.com/501211700/cambodia-sees-new-policy-framework-adb-loan-bfc-extension-in-2022/

PM Hun Sen highlights Cambodia’s key contribution to ASEAN

Prime Minister Hun Sen said Cambodia has done many things in contribution to ASEAN, including the entry into force of the Regional Comprehensive Economic Partnership (RCEP) and the signing of the Declaration on the Conduct of Parties in the South China Sea. (DOC). ...

Khmer Times Staff
https://www.khmertimeskh.com/501209402/pm-hun-sen-highlights-cambodias-key-contribution-to-asean/

Cambodia-China FTA and RCEP injects new impetus into Cambodia’s agricultural development

Both RCEP and the CCFTA have been in effect since January 2022. “RCEP and the CCFTA are all free trade agreements that mutually open the market in all participating countries, thus giving farmers choices to export their agricultural products to various countries,” he told Xinhua ...

Khmer Times Staff
https://www.khmertimeskh.com/501209437/cambodia-china-fta-and-rcep-injects-new-impetus-into-cambodias-agricultural-development/

China funds construction of 30 roads in Cambodia

Prime Minister Hun Sen has spoken highly of the key contribution of China to the connectivity in Cambodia by financing the construction of 30 roads across the country. ...

Khmer Times Staff
https://www.khmertimeskh.com/501209416/china-funds-construction-of-30-roads-in-cambodia/

US embassy welcomes PM to strengthen bilateral ties

US Ambassador W. Patrick Murphy welcomed Prime Minister Hun Sen to the U.S. Embassy in Phnom Penh in a move that aims to strengthen bilateral relations into 2023. ...

Marissa Carruthers
https://kiripost.com/stories/us-embassy-welcomes-pm-to-strengthen-bilateral-ties

Dialogue eyes key role of youth in RCEP region’s growth

Investing in and empowering young people is vital for members of the Regional Comprehensive Economic Partnership free trade pact to shore up sustained growth and accelerate global economic recovery amid the ravaging COVID-19 pandemic, leading scholars and media executives said. ...

Khmer Times Staff
https://www.khmertimeskh.com/501208269/dialogue-eyes-key-role-of-youth-in-rcep-regions-growth/

PM, Chinese Ambassador to preside over ground-breaking ceremony of NR 41

This morning, Prime Minister Hun Sen and Chinese Ambassador Wang Wentian are scheduled to preside over the ground-breaking ceremony for National Road 41. ...

Khmer Times Staff
https://www.khmertimeskh.com/501208854/pm-chinese-ambassador-to-preside-over-ground-breaking-ceremony-of-nr-41/

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