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
