Trade

Trade policy and regulation

Cambodian rice to lose EU duty-free status

The Cambodian rice sector is set to lose its duty-free export status to the EU today – its major rice market – after the European bloc decided to impose tariffs on rice from Cambodia and Myanmar to curb a surge in such imports. ...

Hor Kimsay
https://www.phnompenhpost.com/business/cambodian-rice-lose-eu-duty-free-status

Camcontrol may leave border

Prime Minister Hun Sen recently unveiled a new campaign to boost economic independence and reduce the reliance on preferential trade statuses offered by advanced countries, saying the government will provide better trade facilitation and eliminate unnecessary procedures. At a dinner with 5,000 Cambodian journalists on Friday, ...

Hor Kimsay
https://www.phnompenhpost.com/business/camcontrol-may-leave-border

US senators call for GSP trade privilege cut

Two US senators on Wednesday introduced the Cambodian Trade Act of 2019 bill, requiring the administration to re-examine Cambodia’s eligibility to access the preferential trade treatment granted by the US under the General System of Preferences (GSP). ...

Hor Kimsay
https://www.phnompenhpost.com/business/us-senators-call-gsp-trade-privilege-cut

Border trade Cambodian-Thai trade increases

Bilateral trade between Cambodia and Thailand reached $3.16 billion in the first nine months – an increase of 14.08 per cent year-on-year. Imports to Cambodia were worth $2.65 billion, representing a 19.26 per cent increase in contrast with exports to Thailand that was valued at ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/cambodian-thai-border-trade-increases

Moody’s warns of ‘credit negative’ if EBA is lost

Moody’s Investors Services has warned that Cambodia’s potential loss of its Everything But Arms (EBA) preferential trade access to the EU would weaken its economic growth and lead to a credit negative, a report released on Saturday says. It notes that while Cambodia maintained its ...

Sorn Sarath and Cheng Sokhorng
https://www.phnompenhpost.com/business/moodys-warns-credit-negative-if-eba-lost

Unruffled by EBA withdrawal, PM seeks ‘low interest’ loans

After meeting with the European Commission, Prime Minister Hun Sen said he had expected that Cambodia would one day lose its access to the bloc’s “Everything But Arms” (EBA) preferential trade agreement and had “already requested low interest” loans from China, Japan, South Korea and ...

Niem Chheng
https://www.phnompenhpost.com/national/unruffled-eba-withdrawal-pm-seeks-low-interest-loans

‘Kingdom ready if EBA withdrawn’: Ministry

A senior Labour Ministry official said a withdrawal of the preferential Everything But Arms (EBA) trade agreement with the EU would not hurt the Kingdom’s economy. Ministry spokesman Heng Suor said the government had prepared plans in the event of an EBA withdrawal. However, he ...

Kong Meta
https://www.phnompenhpost.com/national/kingdom-ready-if-eba-withdrawn-ministry

Deal signed with China over banana exports

The Kingdom on Thursday signed a joint phytosanitary protocol for banana exports to China, with officials saying this was the first move in promoting the product on the world stage. The agreement was signed by the Chinese ambassador to Cambodia Xiong Bo and Agriculture Minster ...

Hin Pisei
https://www.phnompenhpost.com/business/deal-signed-china-over-banana-exports

Kingdom's trade deal with EU questioned before poll

A European Union (EU) mission met with senior government officials at the Ministry of Interior on Tuesday as the 28-member bloc monitors an agreement under which Cambodian goods reach the crucial European market tariff-free. ...

Niem Chheng
https://www.phnompenhpost.com/national/kingdoms-trade-deal-eu-questioned-poll

Trilateral discussions in agricultural trade begin

Representatives of Cambodia, Thailand and Vietnam gathered yesterday in Phnom Penh to discuss ways of improving trading procedures in Asean, particularly in agricultural goods, as part of a workshop organised by German development agency GIZ. ...

Chea Vannak
https://www.khmertimeskh.com/50484131/trilateral-discussions-in-agricultural-trade-begin/

Germany-led meet seeks to get produce to China

Germany’s international development agency (GIZ) held a workshop on Tuesday that promoted Cambodian agricultural exports to China, focusing on the necessary export guidelines and the sanitation standards that are often lacking in the Kingdom’s agricultural value chains. ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/germany-led-meet-seeks-get-produce-china

Program aimed at speeding up export launched

The Commerce Ministry officially launched a program yesterday giving the authority to issue certificate of origin licences to four provinces along the Thai border, potentially expediting the export process for agricultural businesses in the region. ...

Cheng Sokhorng
https://www.phnompenhpost.com/business/program-aimed-speeding-export-launched

SECC cuts transaction fees for derivative trades

The Securities and Exchange Commission of Cambodia (SECC) has decided to slash transaction fees on derivative trading, a move the SECC claims will help spur future trades. ...

Hor Kimsay
http://www.phnompenhpost.com/business/secc-cuts-transaction-fees-derivative-trades

Hun Sen dares EU to impose sanctions

A European Parliament resolution last week calling for the possible suspension of Cambodia’s preferential trade status prompted a strong reaction from Prime Minister Hun Sen, who yesterday sternly dared the bloc to “cut it!” Speaking to garment factory workers on Koh Pich yesterday, the premier said Cambodia would ...

Ben Sokhean and Leonie Kijewski
http://www.phnompenhpost.com/national-politics/hun-sen-dares-eu-impose-sanctions

Assembly gives thumbs up to anti-dumping measures

The National Assembly yesterday passed a trade remedy law that aims to protect and help local and foreign businesses by introducing anti-dumping measures that prevent the “dishonest” import of goods and produce from neighbouring countries, according to a press release. ...

Cheng Sokhorng
http://www.phnompenhpost.com/business/assembly-gives-thumbs-anti-dumping-measures

Cambodia, China sign MoU over trademarks

Cambodia inked a memorandum of understanding with China yesterday that aims at providing better facilities for trademark and brand registration in both countries. ...

Post Staff
http://www.phnompenhpost.com/business/cambodia-china-sign-mou-over-trademarks

Cambodia wants GSP review

Cambodia has suggested that the US review its Generalised System of Preference for Duty-Free and Quota Free (GSP-DFQF) granted to the kingdom, as a less developed country, in order for its exports to have better preferential access to the North American market. ...

May Kunmakara
http://www.khmertimeskh.com/5080069/cambodia-wants-gsp-review/

80-tonne export goal for pepper

Kampot pepper, which received geographical indication (GI) certification from the European Union last year, expects 80 tonnes to go on the export market this year, thanks to demand and increased production. ...

Chea Vannak
http://www.khmertimeskh.com/5078935/80-tonne-export-goal-pepper/

Draft law on trade remedies adopted

The Council of Ministers on Friday adopted a draft law on trade remedies to protect local producers, businesses, enterprises and foreign businesses operating in Cambodia from imported products being sold below their cost base. ...

Sok Chan
http://www.khmertimeskh.com/news/36882/draft-law-on-trade-remedies-adopted/

Export licenses for Vietnam

The Ministry of Commerce is calling for producers and exporters who have been dealing in dried tobacco leaves and milled rice to apply for licenses to export to Vietnam. Vietnam agreed to waive all duties on 300,000 tons of rice and 3,000 tons of dried tobacco ...

Sum Manet
http://www.khmertimeskh.com/news/33863/export-licenses-for-vietnam/

Xi’s visit to boost farm exports

Chinese President Xi Jinping’s visit to Cambodia next week will likely lead to an increase in agriculture exports to China, Prime Minister Hun Sen said yesterday.​ Speaking at a graduation ceremony for law and economics students in Phnom Penh yesterday morning, Mr. Hun Sen said that ...

Chea Vannak
http://www.khmertimeskh.com/news/30521/xi---s-visit-to-boost-farm-exports/

Cambodia-Laos MoU on GI

Cambodia’s Ministry of Commerce and Laos’ Ministry of Science and Technology last week signed a memorandum of understanding (MoU) to cooperate in the protection of trademarks and geographical indications (GI). ...

Sok Chan
http://www.khmertimeskh.com/news/29639/cambodia-laos-mou-on-gi/

PM in China to discuss trade ties

Prime Minister Hun Sen yesterday appealed for more Chinese investment in Cambodia and said he hoped the country of more than 1.3 billion would increase its imports of products from the Kingdom. ...

Vong Sokheng
http://www.phnompenhpost.com/national/pm-china-discuss-trade-ties

MoU signed with China

The Cambodia Chamber of Commerce (CCC) and the China Council for the Promotion of International Trade (CCPIT) on Friday signed a memorandum of understanding (MoU) to promote business interaction and enhance trade and investment between China and the Kingdom. ...

Sok Chan
http://www.khmertimeskh.com/news/29595/mou-signed-with-china/

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