Cambodia, RoK launch first round of FTA negotiations
Cambodia and the Republic of Korea (RoK) on July 30 launched the first round of free trade negotiations, according to the RoK’s Ministry of Trade, Industry and Energy.
Cambodia and the Republic of Korea (RoK) launch the first round of free trade negotiation on July 3. (Photo: Yonhap News)
Hanoi(VNA) – Cambodia and theRepublic of Korea (RoK) on July 30 launched the first round of free trade negotiations,according to the RoK’s Ministry of Trade, Industry and Energy.
During thetwo-day virtual negotiations, the two sides will discuss details on theenvisioned FTA, including expanding the bilateral economic cooperation andopening up the commodity market.
The talks comemore than a year after Cambodian Prime Minister Hun Sen proposed makingpreparations for the trade deal during his summit with RoK President Moon Jae-in in Phnom Penh in March lastyear.
The twocountries have carried out a joint feasibility study over the first five monthsof this year.
RoK Trade MinisterYoo Myung-hee said in a statement on July 9 that amid the spread of COVID-19,it has become more important for his country to expand cooperation withSoutheast Asian countries.
She noted theRoK is pleased to launch FTA negotiations with Cambodia, which can potentiallyrise as the new hub of production and trade in ASEAN, adding that the twocountries will make efforts to come up with a meaningful result within thisyear.
The two-waytrade volume reached an all-time high of 1 billion USD in 2019, up 6 percentfrom a year earlier. That included 697 million USD of the RoK’s shipments, up5.5 percent on-year, according to the data released by the Korea InternationalTrade Association.
The increasewas significant as the Northeast Asian country’s annual exports fell more than10 percent year-on-year in 2019 amid the trade row between the US and China./.
The Republic of Korea said on June 11 that it has made further progress in fleshing out details for the planned free trade agreement (FTA) with Cambodia, as Seoul seeks to broaden economic ties with Southeast Asian nations and diversify its export portfolio.
The third round of negotiations between Cambodia and China for a free trade agreement has solved all remaining text issues and approved in principal the market access on goods and services, according to the Khmer Times.
Cambodia and the Republic of Korea (RoK) agreed on July 9 to launch official negotiations for a bilateral free trade agreement (FTA), paving the way for the RoK, Asia's No. 4 economy, to make further inroads into the Southeast Asian market and boost exports.
Cambodia and China have wrapped up trade talks following a video conference between Cambodian Commerce Minister Pan Sorasak and his Chinese counterpart Zhong Shan on July 20, the Cambodian Commerce Ministry said in a press release.
Cambodian Deputy Prime Minister Hor Nam Hong said on July 23 that Cambodia and China will sign a free trade agreement before August 12 ahead of the European Union’s partial withdrawal of the Everything-but-Arms (EBA) trade status.
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.
The article stressed that throughout his revolutionary career, the founder of modern Vietnam consistently regarded the revolutionary press as a vital part of the Vietnamese Party’s and nation’s revolutionary struggle.
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.
Efforts to empower women must transcend dialogue and translate into concrete commitments, including corporate pledges and government partnerships, according to the spouse of Malaysian Prime Minister Anwar Ibrahim.
The forum featured two in-depth discussion sessions, engaging representatives from governments, think tanks, and businesses from both ASEAN and China, on how to forge closer ties for a common future.
The new FIFA Hub in Jakarta will not only support football development in Indonesia but also serve as a coordination centre for 21 football associations across Southeast and East Asia.
Minister Counselor Nguyen Hoang Nguyen reaffirmed Vietnam’s principled and consistent stance on the Palestine issue, calling for an immediate and lasting ceasefire across the entire Gaza Strip.
Cambodia and the Republic of Korea (RoK) launch the first round of free trade negotiation on July 3. (Photo: Yonhap News) 
