Cambodia and the EU have renewed their pledge to enhance bilateral trade and investment ties in spite of the lingering economic fallout from the Covid-19 pandemic.
The Regional Comprehensive Economic Partnership will boost Cambodia’s export by 9.4 percent to 18 percent yearly, contributing to up to 3 percent annual economic growth.
Permanent Deputy Prime Minister Pham Binh Minh has signed a decision assigning duties of ministries relating to the implementation of the Regional Comprehensive Economic Partnership (RCEP) which took effect from January 1.
Malaysia and Japan have reaffirmed their commitment to redouble their efforts to meet the challenges of the new era, particularly issues related to global supply chain disruption.
Garments, textile and apparel exports are expected to reach $1.5 billion in 2022, up from $1.052 billion in 2021, as the country remains on the radar of major buyers overseas despite the lingering pandemic and the Russia-Ukraine war, a trade group said over the weekend.
Cambodia and Australia have reaffirmed their commitment to further boosting trade, investment and cooperation, especially on post-Covid recovery initiatives in all areas, according to the Ministry of Commerce on March 11.
Pakistan must benefit from $3 trillion Associations of South East Asian Nations (ASEAN) economy for boosting bilateral trade and further cementing economic ties.
Evaluating the chances of Thailand, the Philippines, and Indonesia joining the mega-trade pact.