ISDS Case Map
Cambodia
Four months after RCEP was signed, a study surfaces, with gloomy trade data, portending a shaky future for the Kingdom and ASEAN as a whole
Cambodia's trade balance is expected to worsen by $2.3 billion per annum or around 17 per cent due to the recently-signed RCEP, startling data from a joint study led by Dr Rashmi Banga of the UNCTAD revealed.
Cambodia recently notified the Asean Secretariat it is ready to comply with AHKFTA, meaning the pact covers all Asean member countries from Feb 12.
Cambodia and South Korea on February 3 concluded talks for a bilateral free trade agreement (FTA), which Minister of Commerce Pan Sorasak and his Korean counterpart Yoo Myung-hee plan to sign in mid-2021, setting zero tariffs for a broad range of goods, according to a joint press statement.
Cambodia and India have agreed to speed up negotiations on a number of key documents that will lead to the signing of two significant accords.
The part in relation to Cambodia under the ASEAN-Hong Kong free trade agreement (FTA) and Investment Agreement (IA) is set to take effect on February 12, according to Hong Kong’s Trade and Industry Department.
The free trade and investment agreements between Hong Kong and the Association of Southeast Asian Nations (ASEAN) will come into force in full on Feb. 12 when the part related to Cambodia took effect.
The inter-ministerial committee in charge of Cambodia-China Free Trade Agreement (CCFTA) negotiations is preparing documents to submit to the National Assembly (NA) for a ratification and an ambitious implementation by January 1.
Phnom Penh is negotiating a raft of free-trade agreements, but the pacts are not expected to lessen its reliance on Beijing.
South Korea will hold the fourth round of free trade talks with Cambodia this week as part of efforts to diversify its export portfolio in Southeast Asia.
