China, Cambodia Conclude ‘Mutually Beneficial’ Free Trade Agreement

Cambodia and China issued social media statements on Monday announcing the conclusion of their free trade agreement negotiations and that the trade deal will be mutually beneficial for the geopolitical allies.

The Cambodian Ministry of Commerce and Chinese Embassy in Phnom Penh posted on Facebook that they had officially announced the conclusion of negotiations on Monday, during a video conferencing call between Commerce Minister Pan Sorasak and his Chinese counterpart, Zhong Shan.

“The two countries have concluded the free trade agreement which has a lot of benefits,” reads the Chinese Embassy’s statement posted on Facebook. “[I]t is a new impetus in speedily building a shared, future community between China and Cambodia in a strategic [manner].”

In full: https://www.voacambodia.com/a/china-cambodia-conclude-mutually-beneficial-free-trade-agreement/5511289.html

© 2020, All rights reserved.