An official expressed confidence that stronger cooperation in cross-border e-commerce will become a new growth channel, contributing to the realisation of the bilateral trade target while supporting the digital economies of both countries.
The Cambodia Chamber of Commerce (CCC), in collaboration with the ASEAN Business Advisory Council (ASEAN BAC) and relevant stakeholders, held the ASEAN-Cambodia Business Summit 2024 in Phnom Penh on April 2.
China and Cambodia will step up the implementation of their free trade agreement (FTA), which took effect from January 1, to benefit businesses and people of both countries, according to a statement by the Ministry of Commerce of China.
China’s direct investment in Cambodia reached 860 million USD in the first 11 months of last year, up 70 percent year-on-year, the Phnom Penh Post cited data from the Chinese Embassy in Phnom Penh as saying on January 5.
Trade between Cambodia and Thailand hit 82.02 billion THB (2.6 billion USD) in the first half of this year, up 2.27 percent year on year, the Phnom Penh Post reported.
