The agreement will do so through the removal or reduction of tariffs on more than 92% of product lines, eliminating unnecessary barriers to trade, and improving market access for service exports
Cambodia and India are finalising negotiations on a bilateral investment treaty to streamline trade between the countries.
Cambodia and the United Arab Emirates (UAE) have signed a bilateral Comprehensive Economic Partnership Agreement.
The agreement with Cambodia will reduce or remove tariffs, eliminate barriers to trade and create new avenues for strategic investment.
Cambodia and Vietnam have signed an agreement to promote bilateral trade for 2023-2024, noting that it is an important mechanism that will promote and enhance bilateral cooperation in all sectors.
The UAE and Cambodia have finalized the terms for a Comprehensive Economic Partnership Agreement (CEPA) as the Gulf state seeks to enhance its global trade and commerce ties to fulfill its new foreign trade agenda.
The announcement comes after three rounds of formal negotiations. No official date has been given for the signing of the deal.
The three rounds of formal negotiations were respectively held on October 24-25 in Abu Dhabi, December 19-21 in Phnom Penh, and February 20-22 in Dubai.
The government is considering the establishment of more bilateral free trade agreements to access broader markets for Cambodia-made products.
The inter-ministerial negotiation teams for the Cambodia-United Arab Emirates Comprehensive Economic Partnership Agreement are expected to finalise the free trade pact during the third round of the bilateral negotiation to be held this month in Dubai
Cambodia, which successfully entered into several free trade agreements (FTA) last year, is looking at the prospect of having a similar partnership with Switzerland.
The trade ties between Indonesia, which became the latest member to join the Regional Comprehensive Economic Partnership (RCEP), and Cambodia are expected to go up, but the textile sector in both countries is unlikely to benefit from the agreement, according to some experts.
A second round of formal negotiations for the Cambodia-United Arab Emirates Comprehensive Economic Partnership Agreement (CAM-UAE CEPA) is being held in Phnom Penh.
The Cambodia-Korea Free Trade Agreement comes into force and will be used by two parties to encourage more investors from The Republic of South Korea to invest in the Kingdom and export products to the Korean counterpart and third countries.
Cambodia is set to host the second round of formal talks on the bilateral Cambodia-United Arab Emirates Comprehensive Economic Partnership Agreement, with the deal expected to have substantial positive effects on the Kingdom’s trade with the Middle East.
Formal talks on the Cambodia-United Arab Emirates (UAE) CEPA will likely be completed by 2023, according to a senior commerce ministry official.
Cambodia and the United Arab Emirates (UAE) are slated to sign a declaration of the launch of formal negotiations for a Comprehensive Economic Partnership Agreement (CEPA) on October 24, paving the way for a boost in bilateral trade and investment.
While government officials have said that FTAs are important to attract investors to the country, some civil society organisations voiced concerns at the forum that the deals did not appear to be of any benefit to smallholder farmers.
Cambodian Minister of Commerce and United Arab Emirates Minister of Foreign Trade plan to hold a meeting in Abu Dhabi City at the end of this month to launch negotiations on the Comprehensive Economic Partnership Agreement (CEPA) between the two countries.
The Embassy of the Republic of Korea confirmed on Sunday that the Cambodia-Korea Free Trade Agreement will enter into force on December 1, 2022.