Trade

The Regional Comprehensive Economic Partnership (RCEP) agreement, which came into effect in 2022, has played a significant role in diversifying Cambodia’s economy and boosting its exports, according to Aaditya Mattoo, chief economist of the World Bank’s East Asia and Pacific Region. ...

Prime Minister Srettha Thavisin’s decision to visit Cambodia this week measures the solid relationship between the two countries. ...

Cambodia saw a jump increase in gold exports in the first semester of this year, as more domestic gold refinery plants started commercial products. ...

The UK Prime Minister’s Trade Envoy Heather Wheeler MP is visiting Cambodia this week (24 to 26 September). ...

A Cambodian firm intends to export more than 1,000kg of live lobsters to China, after its previous test runs proved the product had garnered “substantial market support”. ...

Cambodia has experienced a 30 per cent decline in pepper exports in the first eight months of 2023, exporting over 5,000 tonnes, compared to the same period in 2022, according to the Ministry of Agriculture, Forestry and Fisheries. ...

Recently-appointed UK Prime Minister’s Trade Envoy to Cambodia and Laos Heather Wheeler is looking to expand trade and investment with Cambodia as the two countries celebrate 70 years of diplomatic relations. ...

Trade volume between Cambodia and India has grown 6.6 per cent year-on-year to $306.9 million from $287.8 million amid contracted bilateral trade with other nations in the first eight months of 2023. ...

Koh Kong province’s first international seaport, Koh Kong Port Management in Kiri Sakor district, on Monday officially launched testing to facilitate local transportation of agricultural products, improving the livelihoods of people in the area. ...

Global rice prices hit a 15-year high in September, rising 30 percent year-on-year (YoY), according to an investor’s note by BMI, which quoted the UN’s Food and Agriculture Organization’s (FAO) All Rice Price Index report. ...

In a promising development for Cambodia’s fisheries industry, Cambodia Quality Seal (CQS) has taken significant strides in addressing food safety concerns, positioning itself as a catalyst for positive change. ...

The General Directorate of Agriculture (GDA) has informed fragrant coconut farmers, communities and processing factories that China is prepared to import their produce. ...

Cambodia and China have recently signed a protocol of phytosanitary requirements to export fresh coconuts from Cambodia to China. ...

The Asian Development Bank (ADB) has lowered its economic growth forecast for Cambodia to 5.3 percent, down from the earlier prediction of 5.5 percent. The main reason for this revision is the slower-than-expected growth in the industrial sector. This information was included in the ADB’s ...

A high-level delegation from Turkiye is set to visit Phnom Penh for an official visit, aimed at strengthening ties between the two countries, particularly in the area of trade. Their arrival is expected next week, although no exact date has been specified. ...

Chinese customs authorized imports of fresh coconuts from Cambodia and fresh avocados from Venezuela starting on Monday, according to a notice by China’s General Administration of Customs (GAC). ...

Cambodia is planning to increase its milled rice exports to China by 20 percent, Prime Minister Hun Manet said yesterday dismissing critics who are sceptical about the increasing bilateral trade ties between both nations. ...

Cambodia’s imports of oil and gas products totaled $2.28 billion during the January-August period this year, down 9.5 percent from last year, according to a report from the General Department of Customs and Excise on Monday. ...

Cambodia’s imports of oil and gas products totaled $2.28 billion during the January-August period this year, down 9.5 percent from last year, according to a report from the General Department of Customs and Excise on Monday. ...

Cambodia exported 607,000 tonnes of Raw Cashew Nuts (RCN) to Vietnam in the first eight months of 2023 earning $820 million, a decrease of 15.8 percent compared to the same period last year. ...

Trade between Cambodia and the Philippines is poised to cross the $100 million mark this year too as the economic ties between the two ASEAN Member States are growing stronger. ...

Premier Li Qiang stressed China’s readiness to bolster Belt and Road cooperation and uphold the centrality of the Association of Southeast Asian Nations in regional affairs during separate meetings with leaders of Laos, Vietnam, Indonesia and Malaysia over the weekend. ...

Premier Li Qiang reaffirmed on Sunday Beijing’s commitment to a neighborhood policy of amity, sincerity, mutual benefit, and inclusiveness in bolstering ties with the Association of Southeast Asian Nations, calling for a closer bond of interests between China and the 10-nation regional group. ...

Cambodia is poised to achieve its goal of exporting 1 million tonnes of rice annually by 2025, as indicated by the country’s rice exports reaching over 400,000 tonnes in the first eight months of the year. ...