He said the negotiations will be held virtually, led by Deputy Secretary-General (trade) MITI, Mastura Ahmad Mustafa as Malaysia’s chief negotiator, alongside the Assistant US Trade Representative for Southeast Asia and the Pacific, Sarah Ellerman.
With some G7 countries cutting interest rates, the US is likely to relook at its tariffs in the coming days. Going by the trend, there is growing optimism about a potential rebound in global demand, an indication that could support Cambodia’s export outlook.
CCC vice-president Sok Piseth, who also serves as chairman of the ASEAN Business Advisory Council for Cambodia, explained that the meeting aimed to strengthen ties between the two institutions and identify key sectors for future collaboration.
Several Thai products, including pet food and rice, are poised to gain a larger market share in America amid escalating US-China trade tensions, according to the Thai Trade Policy and Strategy Office (TPSO).
Thailand is moving to reform its restrictive foreign investment laws. On April 22, 2025, the Cabinet approved urgent revisions to the Foreign Business Act B.E. 2542 (1999), tasking the Ministry of Commerce with drafting amendments.
APAC entered 2025 with economic momentum: Q1 GDP growth came in at 3.9%, matching pre-Trump levels.
After holding virtual preparatory talks early this month, Cambodia and the United States have agreed to engage in a new round of trade negotiations set to take place on May 14-15 in Washington, D.C., said the Royal Government Spokesperson Unit. Both sides will assess progress and opportunities to deepen economic ties.
The finance chiefs of the ASEAN+3 countries recently agreed to take a better advantage of the world’s largest trade pact, namely the Regional Comprehensive Economic Partnership or RCEP, as trade protectionism grows in the wake of the US’ tariff salvo.