Bilateral trade between Cambodia and Japan was worth $2.09957 billion last year, down 8.45 per cent from 2019, data from Japan External Trade Organisation (JETRO) show.
Southeast Asian economies this year are broadly aiming to regain the growth momentum they had before the COVID-19 pandemic triggered historic declines in 2020. A look at early forecasts around the region, however, shows a wide range of scenarios as risks continue to lurk.
The new ASEAN–EU Strategic Partnership announced on 1 December 2020 marks a turning point in the relationship between the two regional organisations — not only has the donor–recipient dynamic of previous decades disappeared, but now the European Union may need ASEAN more than ASEAN needs the European Union.
Malaysia’s economic contraction quickened again in the fourth quarter, as a fresh virus wave late in 2020 helped drive the economy to its worst annual showing since the Asian financial crisis.
Though the Regional Comprehensive Economic Partnership (RCEP) may bring only modest short-run economic benefits to Cambodia, the long-run outlook looks positive. Through ASEAN free trade agreements (FTAs) with non-ASEAN partners
According to regional analysts ASEAN Briefing (AB), trade ministers from India and the Southeast Asian association agreed this month to start discussions on reviewing the scope of the ASEAN-India free trade agreement (AIFTA), some 10 years after it came into force.
The value of trade exchange between Cambodia and other ASEAN member states dramatically skyrocketed last year, hitting $11.330 billion even with flight and border restrictions in full force amid the Covid-19 pandemic.
Exporters are being urged to use more privileges under the Asean-Hong Kong Free Trade Agreement (AHKFTA) as Cambodia is scheduled to join the pact starting tomorrow.