China, Cambodia reach free trade agreement after 6 months of talks

Chinese Commerce Minister Zhong Shan and his Cambodian counterpart Pan Sorasak jointly announced on Monday the completion of China-Cambodia Free Trade Agreement (FTA) talks, half a year after the two sides launched the negotiations.

That marks almost the fastest speed for FTA talks across the globe, reflecting the sound economic and trade cooperation base between the two countries as well as their strong willingness to promote bilateral trade and investment to hedge against shocks brought on by the global pandemic.

Next, the two sides will fulfill their own domestic procedures and strive to sign the agreement within 2020, according to a joint statement released by the two countries on the same day.

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