Trade barriers hinder growth of Cambodia’s export industry
Cambodia could reap even greater benefits from trade facilitation measures in the Greater Mekong Subregion (GMS) by removing high logistics costs, delays and other barriers that hamper the country’s connectivity and competitiveness, according to a new Asian Development Bank (ADB) book released here on Thursday. “Cambodia’s exporters are well-positioned within the GMS to grow and expand,” said Peter Brimble, senior country economist and author of one of the book chapters. “Policy adjustments can help reduce cost and transport times, making Cambodian exporters more competitive and enhancing their credibility.”…
