News
China pledges to purchase more rice
Chinese President Xi Jinping has pledged to increase the country’s imports of milled rice from Cambodia and indicated its willingness to purchase other agricultural products from the Kingdom after a free trade agreement (FTA) came into force. ...
May Kunmakara
https://www.phnompenhpost.com/business/china-pledges-purchase-more-rice
PM to Cambodia, Saudi: Step up cooperation
Prime Minister Hun Sen has called for Cambodia and Saudi Arabia to step up cooperation in economic sectors and other areas in the Southeast Asian Kingdom with lucrative prospects. ...
Mom Kunthear and Ry Sochan
https://www.phnompenhpost.com/national-politics/pm-cambodia-saudi-step-cooperation
Cambodia, Japan agree to ensure full implementation of RCEP free trade deal
Cambodia and Japan on Sunday agreed to ensure the full implementation of the Regional Comprehensive Economic Partnership (RCEP) free trade agreement for the benefit of all, according to a Cambodia-Japan joint statement. ...
Khmer Times Staff
https://www.khmertimeskh.com/501044760/cambodia-japan-agree-to-ensure-full-implementation-of-rcep-free-trade-deal/
Cambodia sees gains begin flowing from RCEP agreement
Cambodian Commerce Minister Pan Sorasak said on Monday that the trade deal is a key driver for economic recovery in the participating countries both during and after the pandemic. ...
Khmer Times Staff
https://www.khmertimeskh.com/501044513/cambodia-sees-gains-begin-flowing-from-rcep-agreement/
Kingdom may exit LDC ‘by 2028’ on RCEP
The Regional Comprehensive Economic Partnership (RCEP) agreement could provide a “vital impetus” to drive the Cambodian economy to exit Least Developed Country (LDC) status by 2028, according to the commerce minister on March 14. ...
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-may-exit-ldc-2028-rcep
Kingdom may exit LDC ‘by 2028’ on RCEP
The Regional Comprehensive Economic Partnership (RCEP) agreement could provide a “vital impetus” to drive the Cambodian economy to exit Least Developed Country (LDC) status by 2028, according to the commerce minister on March 14. ...
May Kunmakara
https://www.phnompenhpost.com/business/kingdom-may-exit-ldc-2028-rcep
RCEP set to boost Cambodia exports by 9-18% yearly
The Regional Comprehensive Economic Partnership will boost Cambodia’s export by 9.4 percent to 18 percent yearly, contributing to up to 3 percent annual economic growth. ...
Chea Vanyuth
https://www.khmertimeskh.com/501041189/rcep-set-to-boost-cambodia-exports-by-9-18-yearly/
Cambodia, Oz to bolster trade, investment
Cambodia and Australia have reaffirmed their commitment to further boosting trade, investment and cooperation, especially on post-Covid recovery initiatives in all areas, according to the Ministry of Commerce on March 11. ...
Hin Pisei
https://www.phnompenhpost.com/business/cambodia-oz-bolster-trade-investment
Cambodia-Oz trade rises 52% in 2021
Australia has reaffirmed its commitment to furthering business dealings with Cambodia, as data from the commerce ministry revealed that bilateral trade volume between the two countries reached $324.492 million in 2021 – a 52 per cent surge year-on-year despite the ongoing Covid-19 crisis. ...
Hom Phanet
https://www.phnompenhpost.com/business/cambodia-oz-trade-rises-52-2021
First firm issued RCEP CO exporting shoes to China
A shoe exporter has become the first company in Cambodia to receive a Certificate of Origin (CO) to export goods to China under the Regional Comprehensive Economic Partnership (RCEP) ratified in October last year. ...
Hom Phanet
https://www.phnompenhpost.com/business/first-firm-issued-rcep-co-exporting-shoes-china
400K tonnes of cassava for SW China
Cambodia will export 400,000 tonnes of dried cassava to the Guangxi Zhuang Autonomous Region “from March 2022 to March 2023”, under a new agreement between the Ministry of Commerce and the southwestern Chinese region, according to the ministry. ...
Hin Pisei
https://www.phnompenhpost.com/business/400k-tonnes-cassava-sw-china
Cambodia third in RCEP income gains, growth in exports, WB says
Cambodia ranked third in both real income gains and export growth among Regional Comprehensive Economic Partnership (RCEP) members, according to the World Bank (WB). ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-third-rcep-income-gains-growth-exports-wb-says
Trade pacts will draw investment to Cambodia
The Regional Comprehensive Economic Partnership free trade pact and bilateral free trade agreements are among the key factors attracting foreign direct investment to Cambodia, a senior official says. ...
Khmer Times Staff
https://www.khmertimeskh.com/501028665/trade-pacts-will-draw-investment-to-cambodia/
ASEAN FMs reiterate commitment to ensure full, effective implementation of RCEP agreement
Foreign ministers of the Association of Southeast Asian Nations (ASEAN) have reiterated their commitment to ensure the full and effective implementation of the Regional Comprehensive Economic Partnership (RCEP) agreement, which took effect on January 1, Cambodian Foreign Minister Prak Sokhonn said. ...
Khmer Times Staff
https://www.khmertimeskh.com/501028293/asean-fms-reiterate-commitment-to-ensure-full-effective-implementation-of-rcep-agreement/
Kingdom, South Korea plan for post-FTA era
South Korea has pledged to expand economic and trade cooperation with Cambodia after a free trade agreement (FTA) signed by the two countries last year enters effect in the near future, Prime Minister Hun Sen affirmed in a statement at the weekend. ...
Hom Phanet
https://www.phnompenhpost.com/business/kingdom-south-korea-plan-post-fta-era
RCEP trade pact takes effect in South Korea
The mega free trade pact of the Regional Comprehensive Economic Partnership took effect in South Korea on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501018289/rcep-trade-pact-takes-effect-in-south-korea/
RCEP affirms resurgence of multilateralism: Cambodia’s FM
The Regional Comprehensive Economic Partnership (RCEP) free trade agreement, which took effect on Jan. 1, has affirmed the resurgence of multilateralism, Cambodian Deputy Prime Minister and Foreign Minister Prak Sokhonn said. ...
Khmer Times Staff
https://www.khmertimeskh.com/501015314/rcep-affirms-resurgence-of-multilateralism-cambodias-fm/
2021 Korea trade tops $965M
Bilateral trade between Cambodia and South Korea reached $965.132 million last year, a 9.015 per cent surge from $885.322 million in 2020, according to data from the Korea International Trade Association (Kita). ...
Hin Pisei
https://www.phnompenhpost.com/business/2021-korea-trade-tops-965m
RCEP takes effect as world rings in 2022
In the week ahead, world leaders are expected to deliver their New Year’s Eve addresses as people all over the globe ring in the year of 2022, which is when the Regional Comprehensive Economic Partnership (RCEP) agreement will take effect. ...
Khmer Times Staff
https://www.khmertimeskh.com/50995612/rcep-takes-effect-as-world-rings-in-2022/
China to help set up jab factory
China pledged to provide more vaccine assistance to Cambodia and to establish a production facility in the Kingdom as the Covid-19 situation remains uncertain with the emergence of new variants and no clear end in sight. ...
Voun Dara
https://www.phnompenhpost.com/national/china-help-set-jab-factory
Cambodian parliament ratifies RCEP, world's biggest free trade pact
The National Assembly of Cambodia on Thursday ratified the Regional Comprehensive Economic Partnership (RCEP), the world’s largest free trade agreement (FTA), which comprises 15 Asia-Pacific countries. ...
Xinhua
http://www.china.org.cn/business/2021-09/10/content_77744958.htm
RCEP is key to post-pandemic recovery here
As a member of the world’s largest trade deal, Cambodia’s post-pandemic economic reality is likely to be forged by the 15-nation deal that will encompass about 30 percent of global gross domestic product, according to experts. ...
Husain Haider
https://www.khmertimeskh.com/50918763/rcep-is-key-to-post-pandemic-recovery-here/
Trade draft laws ‘effective in 2021’
Three major draft laws on trade are expected to take effect before the end of 2021, after receiving full support from National Assembly (NA) leaders and specialised committees, as well as the Senate, according to a Ministry of Commerce spokesman. ...
Hin Pisei
https://www.phnompenhpost.com/business/trade-draft-laws-effective-2021
Assembly approves RCEP trade agreement
The National Assembly yesterday approved the Regional Comprehensive Economic Partnership (RCEP), prepping the stage for the agreement to come into effect by early next year. ...
https://www.khmertimeskh.com/50878878/assembly-approves-rcep-trade-agreement/