Cross-border insurance to be compulsory
Tourist buses and commercial vehicle operators crossing over the Cambodia-Vietnam border will soon be required by law to have insurance in both countries or risk being denied entry, a bilateral agreement signed on Tuesday states. In an effort to meet requirements stipulated in the ASEAN 2015 integration plan, insurance industry representatives from Cambodia and Vietnam signed a memorandum of understanding to ensure that all commercial vehicles crossing the countries’ shared border were insured. …
Chan Muyhong
http://www.phnompenhpost.com/business/cross-border-insurance-be-compulsory
