China and Cambodia sign FTA on heels of EU sanctions

With few details released, deal could be more symbolic than practical.

China and Cambodia on Monday signed a free trade agreement at a ceremony in Phnom Penh attended by Chinese Foreign Minister Wang Yi.

The FTA, Cambodia’s first such bilateral deal, was completed after just three rounds of talks that started in January and finished in July. It is yet to be made public.

A statement on China’s Ministry of Commerce website said the agreement covered a wide range of cooperation in the areas of investment, trade, tourism, transportation and agriculture.

In full: https://asia.nikkei.com/Economy/Trade/China-and-Cambodia-sign-FTA-on-heels-of-EU-sanctions

© 2020, All rights reserved.