News
RCEP, FTAs to put region, Cambodia in better position to recover from pandemic impacts
The Regional Comprehensive Economic Partnership (RCEP) trade pact and bilateral free trade agreements will put the region and Cambodia in a better position to recover from the impacts of the COVID-19 pandemic, a Cambodian scholar said on Wednesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501292617/rcep-ftas-to-put-region-cambodia-in-better-position-to-recover-from-pandemic-impacts/
Cambodia’s export to RCEP countries up 16 pct in first 4 months of 2023
Cambodia’s total export to the Regional Comprehensive Economic Partnership (RCEP) member countries amounted to $ 2.89 billion in the first four months of 2023, up 16 percent from $ 2.49 over the same period last year, the Ministry of Commerce’s latest report showed on Sunday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501290532/cambodias-export-to-rcep-countries-up-16-pct-in-first-4-months-of-2023/
RCEP, FTAs create more favorable trade, investment opportunities for investors in Cambodia
The Regional Comprehensive Economic Partnership (RCEP) free trade pact and bilateral free trade agreements (FTAs) have provided more favorable trade and investment opportunities for investors in Cambodia, a senior commerce ministry official said on Saturday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501277686/rcep-ftas-create-more-favorable-trade-investment-opportunities-for-investors-in-cambodia/
Fully tapping potential of RCEP by Cambodia
The Regional Comprehensive Economic Partnership is a catalyst of regional economic growth, integration and connectivity in the Asia Pacific, accounting for about 30 percent of global GDP and one-third of the world’s population. ...
Khmer Times Staff
https://www.khmertimeskh.com/501267503/fully-tapping-potential-of-rcep-by-cambodia/
Prime Minister Hun Sen says China huge market for Cambodia, other ASEAN countries
China is an enormous market for Cambodia and other member states of the Association of Southeast Asian Nations (ASEAN), Cambodian Prime Minister Hun Sen has said. ...
Khmer Times Staff
https://www.khmertimeskh.com/501262376/prime-minister-hun-sen-says-china-huge-market-for-cambodia-other-asean-countries/
Sendai office to bolster Japan ties: CCC
The apex Cambodian business association’s leaders are convinced that their new representative office in the Sendai region will materially accelerate the Kingdom’s trade and economic relations with Japan, largely by tapping into the opportunities created by the Regional Comprehensive Economic Partnership (RCEP). ...
Hin Pisei
https://www.phnompenhpost.com/business/sendai-office-bolster-japan-ties-ccc
Cambodia-China action plan expected to boost FTA benefits
The newly-signed Action Plan on Trade and Economic Cooperation 2023-2024 is expected to promote the utilisation of the preferential arrangements that are granted by free trade agreements (FTA) and similar regional treaties, to boost trade and investment between Cambodia and China. ...
May Kunmakara
https://www.phnompenhpost.com/business/cambodia-china-action-plan-expected-boost-fta-benefits
RCEP enables trade among Asian neighbours to ripen
Trucks loaded with Vietnamese durians lined up for customs inspections recently at the China and Vietnam Youyi Pass, a border crossing located in a natural gap between a series of steep cliffs and hills covered in conifers and bamboo on the border of the two ...
Khmer Times Staff
https://www.khmertimeskh.com/501234938/rcep-enables-trade-among-asian-neighbours-to-ripen/
Phnom Penh proposed for RCEP Secretariat
Officials have suggested that the 14 partner signatories to the Regional Comprehensive Economic Partnership (RCEP) establish a trade secretariat in Phnom Penh. The agreement, which aims to boost economic development, came into force at the beginning of 2022. ...
Rann Reuy
https://www.phnompenhpost.com/business/phnom-penh-proposed-rcep-secretariat
Cambodia exports surge 16% to $22.4B
The government’s strategic measures and reforms helped Cambodia register remarkable export growth, the Ministry of Commerce said yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501229569/cambodia-exports-surge-16-to-22-4b/
Bilateral FTAs, RCEP expected to drive new industrial investment inflows
Cambodia is expected to attract new investment in industrial sector under the bilateral free trade agreements (FTAs), the Regional Comprehensive Economic Partnership Agreement (RCEP), together with new investment law. ...
Khmer Times Staff
https://www.khmertimeskh.com/501224876/bilateral-ftas-rcep-expected-to-drive-new-industrial-investment-inflows/
Cambodia’s trade with RCEP countries hit $31 bln last year
Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) member countries reached 31 billion U.S. dollars in 2022, up 4 percent from a year earlier, according to a Ministry of Commerce report released on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501221471/cambodias-trade-with-rcep-countries-hit-31-bln-last-year/
Hun Sen encourages Korean investment
Prime Minister Hun Sen asked a former South Korean leader to help promote Cambodia and attract more Korean investors to the Kingdom now that there is a free trade agreement (FTA) in place between the countries. ...
Lay Samean
https://www.phnompenhpost.com/business/hun-sen-encourages-korean-investment
RCEP to help Cambodia graduate from LDC status as early as 2028
Undersecretary of State and Spokesman of the Cambodian Ministry of Commerce Penn Sovicheat said the RCEP could help Cambodia graduate from its least-developed country status as soon as 2028. ...
Khmer Times Staff
https://www.khmertimeskh.com/501219474/rcep-to-help-cambodia-graduate-from-ldc-status-as-early-as-2028/
Australia to help develop FTA portal to promote trade, investment
Australia’s Ambassador to Cambodia Pablo Kang and Minister of Commerce Pan Sorasak jointly launched two publications: “Cambodian Crops with Prospects for the EU and RCEP Markets” and, “Cambodia and Unlocking Global Markets by Leveraging Free Trade Agreements”. ...
Sok Sithika
https://www.khmertimeskh.com/501216671/australia-to-help-develop-fta-portal-to-promote-trade-investment/
RCEP will help Cambodia graduate from its least developed country (LDC) status by 2028
Cambodia’s trade with the Regional Comprehensive Economic Partnership (RCEP) member countries reached $28.4 billion in the first 11 months of 2022, a year-on-year increase of 7 percent, the Ministry of Commerce’s latest report showed on Tuesday. ...
Khmer Times Staff
https://www.khmertimeskh.com/501214449/rcep-will-help-cambodia-graduate-from-its-least-developed-country-ldc-status-by-2028/
Cambodia’s export to RCEP countries up 5 percent at $5.6B
Cambodia exported $5,671 million worth of goods to the members of the Regional Comprehensive Economic Partnership (RCEP) countries in eleven months of last year, an increase of 5 percent compared to the same period last year, data from the Ministry of Commerce showed yesterday. ...
Chea Vanyuth
https://www.khmertimeskh.com/501213231/cambodias-export-to-rcep-countries-up-5-percent-at-5-6b/
Cambodia says RCEP all about win-win cooperation, not zero-sum game
The Regional Comprehensive Economic Partnership (RCEP), the world’s biggest free trade deal, is all about “win-win” cooperation and is “not a zero-sum game,” a Cambodian government official has said. ...
Khmer Times Staff
https://www.khmertimeskh.com/501211518/cambodia-says-rcep-all-about-win-win-cooperation-not-zero-sum-game/
PM Hun Sen highlights Cambodia’s key contribution to ASEAN
Prime Minister Hun Sen said Cambodia has done many things in contribution to ASEAN, including the entry into force of the Regional Comprehensive Economic Partnership (RCEP) and the signing of the Declaration on the Conduct of Parties in the South China Sea. (DOC). ...
Khmer Times Staff
https://www.khmertimeskh.com/501209402/pm-hun-sen-highlights-cambodias-key-contribution-to-asean/
Cambodia-China FTA and RCEP injects new impetus into Cambodia’s agricultural development
Both RCEP and the CCFTA have been in effect since January 2022. “RCEP and the CCFTA are all free trade agreements that mutually open the market in all participating countries, thus giving farmers choices to export their agricultural products to various countries,” he told Xinhua ...
Khmer Times Staff
https://www.khmertimeskh.com/501209437/cambodia-china-fta-and-rcep-injects-new-impetus-into-cambodias-agricultural-development/