Cambodia-Korea FTA to come into force from Dec 1

The Cambodia-Korea Free Trade Agreement (CKFTA), which will come into force from December 1, is expected to raise bilateral trade volume with South Korea and create more new export opportunities, Cambodian commerce minister Pan Sorasak told a recent workshop held to disseminate information on benefits and export procedures to Cambodian exporters.

Cambodia can export goods at zero tariffs immediately after the agreement comes into force on 92.37 per cent of the total tariff line, Sorasak said.

He said the workshop was organised by the Cambodian ministry of commerce and the embassy of South Korea to promote exports and maximise the benefits of implementing the CKFTA.

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