The Regional Cooperation Economic Partnership (RCEP) and the Free Trade Agreement with China have increased manufacturing factories in Cambodia.
Cambodian Prime Minister Samdech Techo Hun Sen said on Monday that the Regional Comprehensive Economic Partnership (RCEP) free trade agreement, which entered into force earlier this year, will be a booster for regional and global economic recovery in the post-COVID-19 pandemic.
There remains plenty of room for Vietnam and Singapore to boost their economic, commercial, and investment ties on the back of the positive development of the strategic partnership that exists between both sides, says Singapore Ambassador Jaya Ratnam.
The Malaysian Plastics Manufacturers Association (MPMA) has urged the government to expedite the ratification of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP).
The Philippine economy's recovery momentum slowed in the second quarter amid high inflation. But the government is confident this year's growth target remains achievable, giving the central bank leeway to further tighten policy to curb price pressures.
"Chinese aid and investment have played a very important role in supporting Cambodia's socio-economic development and poverty reduction through creating hundreds of thousands of jobs," a Cambodian expert said.
Following where China has been spending and investing its Belt & Road Initiative capital can provide FDI clues and reveal new opportunities in recipient countries.
Germany's hard coal importers expect more shipments from next month when generators will seek to switch to more coal burning and away from Russian gas, but fear logistics problems could hamper deliveries.
<p>Time: November 2025<br /> By: WTO and International Trade Group, Legal Department – VCCI</p>
