FTA makes Cambodia attractive destination for S Korean investment

The Cambodia-Korea Free Trade Agreement (CKFTA) marked its first year, boosting bilateral trade to $1.05 billion.

The Cambodia-Korea Free Trade Agreement (CKFTA) completed one year of entering into force this month. The FTA has resulted in increased bilateral trade between the two countries, reaching an all-time high of $1.05 billion, according to Chring Botum Rangsay, Cambodian ambassador to South Korea.

The FTA, along with the introduction of the New Investment Law in 2021, has created a more conducive environment making Cambodia an attractive destination for South Korean investment, Rangsay said while addressing the 2nd Cambodia-Korea Business and Investment Forum in Seoul recently.

In full: https://www.fibre2fashion.com/news/textile-news/fta-makes-cambodia-attractive-destination-for-s-korean-investment-292076-newsdetails.htm

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