Gov’t pledges to cut red tape

In a bid to make Cambodia more business-friendly, the government will cut back on red tape and reduce industry membership costs, Sun Chanthol, the new minister of commerce, said yesterday.

Speaking to representatives from the private sector at a conference at the InterContinental Hotel in Phnom Penh, Chanthol outlined some new short-term initiatives that he said would increase the country’s competitiveness in key export sectors such as the garment industry. ...

Chanthol said the government would remove the requirement on all exporters to provide a Certificate of Origin (CO) when exporting to countries that did not require the accreditation. The government has traditionally required a CO on all exports leaving Cambodia, regardless of whether the receiving importer needs it. ...

The membership fee for the Garment Manufacturers Association in Cambodia (GMAC) will be reduced 20 per cent from $600 to $480 per year. The Commerce Ministry was also setting up a hotline for exporters to voice their concerns over non-compliant customs practices, Chanthol announced. ...

Hor Kimsay
http://www.phnompenhpost.com/business/gov%E2%80%99t-pledges-cut-red-tape