Cambodia eyes more bilateral free trade agreements
The Cambodian Government has been pushing for the establishment of more bilateral free trade agreements (FTAs) with main trade partners in order to expand export markets for its products.
Phnom Penh (VNA) – The Cambodian Government has been pushing forthe establishment of more bilateral free trade agreements (FTAs) with maintrade partners in order to expand export markets for its products.
The country's Deputy Prime Minister and Minister of Economy and Finance AunPornmoniroth said that the United Arab Emirates, India, Japan, EurasianEconomic Union (EAEU), Canada, and American Latin countries are in the plan forbilateral FTA negotiations.
Speaking at the Ministry of Commerce’s recent annual meeting,Aun Pornmoniroth asked the ministry to continue boosting the export of goodsand service to the existing markets and expanding new markets.
The ministry has to conduct extensive consultations withstakeholders on the benefits from the bilateral trade agreements, he added.
Currently, Cambodia has two bilateral FTAs with China and the Republic of Korea,which came into force in January and December 2022, respectively.
The bilateral FTAs, along with the Regional ComprehensiveEconomic Partnership (RCEP) - a mega regional trade pact composed of 15 Pacificcountries which entered into force on January 1, 2022, expand a wider marketfor Cambodian products, said Penn Sovicheat, Under-Secretary of State andSpokesperson at the Ministry of Commerce./.
Local management officials and representatives of the business communities of Vietnam and Cambodia joined a Vietnam-Cambodia trade and investment promotion conference in Phnom Penh on December 17.
The World Bank’s Board of Executive Directors on December 20 approved a financing of 274 million USD to support reforms that will boost growth and strengthen Cambodia’s resilience, the World Bank announced on December 21.
Cambodia's Angkor Archaeological Park hosted 287,454 foreign visitors in 2022 and reeled in 11.5 million USD from ticket sales, the state-owned Angkor Enterprise said in a news release on January 4.
The Economic Intelligence Centre of the Siam Commercial Bank forecasts the CLMV countries, namely Cambodia, Laos, Myanmar and Vietnam, will gain a stronger growth momentum in 2023, but remain below its growth potential prior to the COVID-19 outbreaks.
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Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
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Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
The proposed venue is located in the Chatuchak area of Bangkok, featuring eight public sites, including Krungthep Aphiwat Central Terminal and several nearby parks.
Connectivity is expected to improve further with the completion of the fifth Laos–Thailand Friendship Bridge by the end of 2025, facilitating logistics and agricultural exports to Vietnam, Thailand, and China.
Two naval gunboats intercepted a fishing vessel carrying 1.5 tonnes of methamphetamine hydrochloride off the coast of the main island of Luzon just before dawn, in a joint operation with the Philippine Drug Enforcement Agency.
In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
Prensa Latina's recent article on Vietnam’s assurance of smooth and effective transition to a leaner structure highlighted Prime Minister Pham Minh Chinh’s latest directions on implementing 28 resolutions regarding the decentralisation and delegation of authority.
The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Illustrative image (Photo: xinhua/VNA) 
