Cambodia-Korea FTA to come into force next month

The Ministry of Commerce and the Embassy of the Republic of Korea in Phnom Penh on Thursday co-organised a workshop on dissemination of the benefits and export procedures to local exporters under the Cambodia-Korea Free Trade Agreement (CKFTA). ...

Khmer Times Staff
https://www.khmertimeskh.com/501191231/cambodia-korea-fta-to-come-into-force-next-month/

Cambodia-UAE first round of CEPA talks completed

Cambodia and United Arab Emirates on Wednesday completed the first round of the negotiations on the Cambodia-UAE Comprehensive Economic Partnership Agreement (CAM-UAE CEPA) in Abu Dhabi City, according to a release by the Ministry of Commerce (MoC). ...

Kang Sothear
https://www.khmertimeskh.com/501176355/cambodia-uae-first-round-of-cepa-talks-completed/

Cambodia-UAE bilateral trade rises by 40 percent in first eight months

The two-way trade between Cambodia and the United Arab Emirates (UAE) reached almost $280 million in the first eight months of this year, up over 40 percent compared to same period in 2021. ...

Khmer Times Staff
https://www.khmertimeskh.com/501175854/cambodia-uae-bilateral-trade-rises-by-40-percent-in-first-eight-months/

University students encouraged to focus on digital technology

Ministry of Commerce (MoC) has encouraged university students in Cambodia to focus on digital technology and innovation developments amid the remarkably growing Industry Revolution 4.0 and e-commerce business after the e-commerce law was passed.​ ...

Kang Sothear
https://www.khmertimeskh.com/501139165/university-students-encouraged-to-focus-on-digital-technology/

Ministry of Commerce urges implementation of consumer protection laws

The Ministry of Commerce urged businesses to implement laws on consumer protection, competition and anti-fraud to prevent trade fraud, ensure quality and safety. ...

Khmer Times Staff
https://www.khmertimeskh.com/501111823/ministry-of-commerce-urges-implementation-of-consumer-protection-laws/

Cambodia’s e-commerce market value sees fast growth during COVID-19 pandemic

Cambodia’s market value of e-commerce had increased to $970 million in last year, up 19 percent from 813 million dollars in 2020, according to the Ministry of Commerce’s iTrade Bulletin released recently. ...

Khmer Times Staff
https://www.khmertimeskh.com/501106820/cambodias-e-commerce-market-value-sees-fast-growth-during-covid-19-pandemic/

E-commerce market value rises 19% to $970 million

The market value of e-commerce in Cambodia surged 19 percent to $970 million in 2021 compared to a year earlier, according to the iTrade Bulletin of the Ministry of Commerce. ...

Chea Vanyuth
https://www.khmertimeskh.com/501105754/e-commerce-market-value-rises-19-to-970-million/

Cambodia, Vietnam eye $10 billion bilateral trade in 2022

Cambodia’s Ministry of Commerce and Vietnam’s Ministry of Industry and Trade talked about boosting trade activities, pledging to push the bilateral trade volume to $10 billion by this year. ...

Chea Vanyuth
https://www.khmertimeskh.com/501063033/cambodia-vietnam-eye-10-billion-bilateral-trade-in-2022/

Cambodia launches 1st B2B2C e-commerce platform

Cambodia on Thursday launched the country’s first business-to-business-to-customer (B2B2C) e-commerce platform, aiming to help small and medium-sized enterprises (SMEs) sell their products to potential clients, said Commerce Minister Pan Sorasak. ...

Khmer Times Staff
https://www.khmertimeskh.com/501050763/cambodia-launches-1st-b2b2c-e-commerce-platform/

Deadline for online business registration now extended to July

Uncertainty over business conditions and the impact of the spread of Covid-19 has prompted the Ministry of Commerce to postpone the issuing of fines until July for online business owners who are late to apply for e-commerce permits or licences. ...

Hin Pisei
https://www.phnompenhpost.com/business/deadline-online-business-registration-now-extended-july

Sorasak sees Cambodia-Czech bilateral trade boost in 2022

The trade volume between Cambodia and Czech Republic reached around $126 million in 2019. However, due to the adverse impact of Covid-19, trade between both countries shrank to about $80 million by 2020 and 2021. But Cambodia’s Minister of Commerce Pan Sorasak expects an improvement ...

Sok Sithika
https://www.khmertimeskh.com/501034800/sorasak-sees-cambodia-czech-bilateral-trade-boost-in-2022/

Cambodia’s export to Canada under free tariffs and free quotas reaches $954.82 million

Pan Sorasak, Minister of Commerce, met with Dr. Sarah Taylor, Ambassador of Canada to the Kingdom of Cambodia to enhance cooperation between the two countries and promote some priority areas. ...

Khmer Times Staff
https://www.khmertimeskh.com/501025343/cambodias-export-to-canada-under-free-tariffs-and-free-quotas-reaches-954-82-million/

Cambodia’s Ministry of Commerce advises exporters to find alternatives as Vietnam-China border crossings congested

The Ministry of Commerce yesterday informed traders,  Association of Freight Forwarders, Importers and the public that at present, exporting goods to China via the Vietnam China border may become an issue due to the severe bottleneck. ...

Khmer Times Staff
https://www.khmertimeskh.com/501000340/cambodias-ministry-of-commerce-advises-exporters-to-find-alternatives-as-vietnam-china-border-crossings-congested/

China-Cambodia FTA to take effect on Jan 1, 2022

The free trade agreement (FTA) signed between China and Cambodia will take effect on Jan. 1, 2022, according to the Ministry of Commerce (MOC). ...

Khmer Times Staff
https://www.khmertimeskh.com/50975664/china-cambodia-fta-to-take-effect-on-jan-1-2022/

Cambodia sets up working group to develop strategy to take advantage of free trade agreement with China, Korea

The Ministry of Commerce has set up a working group to study and collect input from stakeholders and the private sector to develop strategies to maximize the implementation of the Free Trade Agreement, of which Cambodia is a signatory. This was said by Pan Sorasak, ...

Khmer Times Staff
https://www.khmertimeskh.com/50966127/cambodia-sets-up-working-group-to-develop-strategy-to-take-advantage-of-free-trade-agreement-with-china-korea/

Commerce Minister signs free trade deal with S. Korea

Cambodia and South Korea have signed a free trade agreement (FTA), cutting import tariffs by more than 90 percent. Commerce Minister Pan Sorasak inked the deal with South Korean Trade Minister Yeo Han-koo in a virtual ceremony yesterday. ...

Michael Firn
https://www.khmertimeskh.com/50959499/commerce-minister-signs-free-trade-deal-with-s-korea/

Cambodian commerce minister attends virtual ministerial meeting of LDCs

Pan Sorasak, Minister of Commerce of Cambodia, attended the virtual Ministerial Meeting of Least Developed Countries (LDCs) to examine and approve the Statement of LDCs for the 12th WTO Ministerial Conference to be held from Nov. 30 to Dec. 03, 2021 in Geneva, Switzerland. ...

Khmer Times Staff
https://www.khmertimeskh.com/50955949/cambodian-commerce-minister-attends-virtual-ministerial-meeting-of-ldcs/

Multilateralism, a key tool for current global issues

Multilateralism is a very important tool to solve challenges being faced by the world, mainly the least developed countries (LDCs). ...

Khmer Times Staff
https://www.khmertimeskh.com/50948436/multilateralism-a-key-tool-for-current-global-issues/

Garment exports net $5 billion in eight months

The value of exports of garment and accessories from Cambodia rose by 3.3 percent to $5.021 billion in the first eight months of this year, compared with 4.861 billion during the corresponding period last year, according to the statistics from the Ministry of Commerce. ...

Chea Vanyuth
https://www.khmertimeskh.com/50937900/garment-exports-net-5-billion-in-eight-months/

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