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Cambodia, RoK boost bilateral economic cooperation

Cambodia and the Republic of Korea (RoK) have signed a double taxation avoidance pact to boost bilateral economic cooperation.
Cambodia, RoK boost bilateral economic cooperation ảnh 1Illustrative photo (Photo: Yonhap)

Hanoi (VNA) - Cambodia and the Republic of Korea (RoK) have signeda double taxation avoidance pact to boost bilateral economic cooperation.

The pact was signed last week in Busan, the RoK, at bilateral talks between KoreanForeign Minister Kang Kyung-wha and her Cambodian counterpart, Prak Sokhonn, YonhapNews Agency quoted the Korean Ministry of Economy and Finance’s statement assaying.

The agreement is set to take effect after parliamentary ratifications in bothcountries.

The RoK’s exports to Cambodia reached 660 million USD in 2018, more thandoubling the figure of 294 million USD in 2008. The RoK’s imports also surgedto 314 million USD from 18 million USD in the reviewed period./.
VNA

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