Cambodia and China complete round one FTA talks

Cambodia and China completed their first round of negotiations on a free trade agreement (FTA) last week in Beijing, which if passed, would benefit the country’s textile and garment industry.

The talks took place over two days from 20-21 January, according to local reports, and are the first discussions since the bilateral FTA was initiated in December 2019.

The trade volume between the two countries has increased from US$5.16bn in 2016 to $7.4bn in 2018, respectively. The two countries aim to reach $10bn in trade by 2023, according to the Khmer Times.

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