Cambodia, Thailand logistics MoU will boost apparel sourcing potential

Apparel industry experts tell Just Style Cambodia and Thailand's new logistics agreement will provide opportunities for apparel buyers sourcing in the region.

Cambodia and Thailand announced a Memorandum of Understanding (MoU) on logistics last month to establish a cooperation framework that is expected to improve the competitiveness of Southeast Asia’s apparel supply chain and broaden prospects for buyers in the region.

The University of Delaware’s associate professor of fashion and apparel studies, Dr Sheng Lu, describes Cambodia and Thailand as emerging apparel sourcing destinations for many western fashion brands and retailers.

He explains both countries are members of the Association of Southeast Asian Nations (ASEAN), which has established free trade agreements with several leading apparel importing countries or regions such as the EU, Japan, and the recently implemented Regional Comprehensive and Economic Partnership (RCEP).

In full: https://www.just-style.com/news/industry-news/cambodia-thailand-logistics-mou-will-boost-apparel-sourcing-potential/

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