The first round of negotiations for a Cambodia-China free trade agreement (FTA) highlighted the potential for creating strong economic and investment partnerships between the countries in the upcoming years, according to Cambodia’s commerce ministry, which recently said ‘positive results’ were achieved during the exchange of ideas during the meeting.
The FTA aims to boost bilateral trade to $10 billion by in the next three years.
During bilateral talks on January 20-23 last year in Beijing, Prime Minister Hun Sen and his Chinese counterpart Li Keqiang approved a feasibility study on the potential FTA, Cambodian media reports cited the ministry as saying.