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. ...


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

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

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. ...

MoC responds to UN study citing negative RCEP impact on revenue

An official from the Ministry of Commerce said the Regional Comprehensive Economic Partnership Agreement (RCEP) will definitely open up opportunities for Cambodia. He was speaking in response to a report released by the United Nations Conference on Trade and Development (UNCTAD) citing potential serious negative ...

Sok Chan

Long-awaited RCEP signing ‘bodes well for economic upturn’

The long-awaited Asia-Pacific Regional Comprehensive Economic Partnership (RCEP) agreement was officially signed yesterday.  The signing brings renewed hopes for comprehensive change in the flow of regional trade and investment and the promotion of intra-bloc supply chains capable of bolstering trust among members of the region’s ...

Sok Chan

Alternative to TPP shows no sign of activity: analysts

While Prime Minister Hun Sen has publicly expressed his distaste for the Trans-Pacific Partnership (TPP), which was dealt a critical blow by US President Donald Trump’s decision to withdraw the United States from the agreement, economists say there has been little visible progress in cementing ...

Cheng Sokhorng

Concern over trade deal’s investor dispute mechanism

A civil society organisation has raised concerns about the proposed Regional Comprehensive Economic Partnership (RCEP), claiming that one provision of the sweeping trade agreement would limit the Kingdom’s ability to draft socially beneficial policies. ...

Kali Kotoski

While TPP looms, RCEP sidelined

The Regional Comprehensive Economic Partnership (RCEP) should also be given priority as the Kingdom eyes to join the US-led Trans-Pacific Partnership (TPP) to promote economic growth, trade and investment in the Asia-Pacific region and the Pacific Rim countries. ...

May Kunmakara

Asia-Pacific negotiators end talks without free trade goal

Negotiators from 16 Asia-Pacific countries ended their eighth round of talks to promote a deal that would free up their trade early Sunday, falling short of setting any ambitious goal of eliminating tariffs. ...

The Mainichi Daily News Staff

Cambodia’s Hun Sen slams ASEAN-splitting TPP

On April 19, the 24th World Economic Forum on East Asia kicked off in the Indonesian capital of Jakarta. One of the main events was a conversation on “East Asia in the New Global Context,” which featured two heads of state – Cambodian prime minister ...

Prashanth Parameswaran

51% stake for private sector in SPV for four countries including Cambodia, Myanmar

The government plans to rope in private firms for Prime Minister Narendra Modi’s big diplomatic push to ‘Act East Policy’, with its proposed special purpose vehicle for investment in Cambodia, Myanmar, Laos and Vietnam set to offer up to 51 per cent stake to the ...

Deepshikha Sikarwar

Hun Sen Announces Talks to Begin on Huge Free Trade Zone

A plan to create a free trade area covering roughly half the world’s population by 2015 was initiated yesterday by regional and world leaders meeting in Phnom Penh. During the Asean and related meetings at his office, Prime Minister Hun Sen announced that the group of ...

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