At the high-level talks between the General Department of Vietnam Customs and the General Department of Customs and Excise of Cambodia on March 19. (Photo: VNA)

HCM City (VNA) –
The General Department of Vietnam Customs and the General Department of Customs and Excise of Cambodia agreed to enhance cooperation at high-level talks between the two customs bodies in Ho Chi Minh City on March 19.

They reached consensus on pushing the negotiations between the two finance ministries on mutual support in customs sector to create legal foundation for bilateral collaboration.

Along with simplifying administrative procedures, they will work together to fight smuggling, trade fraud, drug trafficking and other illegal trade activities in border localities via improving information exchange mechanisms.

At the event, they stated that the two customs bodies have carried out a line-up of bilateral cooperative activities to facilitate two-way trade. They regularly met to update customs procedures as well as exchange information about passengers and goods items through the border gates. Also, they joined hands to crack down smuggling and trade fraud for imports and exports.

Statistics from the General Department of Vietnam Customs showed that Vietnam-Cambodia trade rose 29.7 percent year-on-year to over 3.79 billion USD in 2017. Vietnam enjoyed a trade surplus of more than 1.75 billion USD.-VNA