Better infrastructure needed for trade: study
Cambodian goods benefit from the lowest export tariff rates in the world but the Kingdom’s trade is still held back by lengthy bureaucratic procedures and corruption, according to a new study by the World Economic Forum (WEF). The Global Enabling Trade Report 2016, a study published by the WEF every two years, showed that the Kingdom ranked 98 out of 136 countries surveyed, climbing four spots since the last report. The WEF attributes the better performance to the country’s openness to foreign firms and decreasing tariffs for imports, in addition to very low export tariffs. …
Matthieu de Gaudemar
http://www.phnompenhpost.com/business/better-infrastructure-needed-trade-study
