Cambodian trade delegation arrives in China to finalise FTA

Cambodian Prime Minister Hun Sen will lead a trade delegation to China today to finalise a free trade agreement (FTA) between the two countries.

Details of the agreement, a first for Cambodia, have not been publicly released, but comments made by public officials indicate that Cambodian agricultural products will be an integral component. Phnom Penh claims that the agreement will boost exports to China by 25% a year—approximately $325 million, according to pre-pandemic statistics. This new agreement coincides with the suspension of EU tariff exemptions afforded to Cambodia in response to a deterioration in human rights and democracy under Hun Sen.

In full: https://www.foreignbrief.com/daily-news/cambodian-trade-delegation-arrives-in-china-to-finalise-fta/

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