RoK, Cambodia to launch feasibility study on FTA

The Republic of Korea (RoK) and Cambodia have agreed to launch a joint feasibility study on their potential free trade agreement (FTA) in a move to promote economic ties and expand exchanges, the Korean Ministry of Trade, Industry and Energy said on November 25.

“The FTA with Cambodia will become a crucial deal that helps Korean firms penetrate deeper into the Southeast Asian nation with prominent growth potential,” Korean Minister of Trade, Industry and Energy Yoo Myung-hee said.

During his official visit to Cambodia last March, Korean President Moon Jae-in held talks with Cambodian Prime Minister Samdech Techo Hun Sen, during which they pledged to seek efforts to lift regulations in trade.

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