ISDS Case Map
Cambodia
The announcement comes after three rounds of formal negotiations. No official date has been given for the signing of the deal.
The three rounds of formal negotiations were respectively held on October 24-25 in Abu Dhabi, December 19-21 in Phnom Penh, and February 20-22 in Dubai.
The government is considering the establishment of more bilateral free trade agreements to access broader markets for Cambodia-made products.
The inter-ministerial negotiation teams for the Cambodia-United Arab Emirates Comprehensive Economic Partnership Agreement are expected to finalise the free trade pact during the third round of the bilateral negotiation to be held this month in Dubai
Cambodia, which successfully entered into several free trade agreements (FTA) last year, is looking at the prospect of having a similar partnership with Switzerland.
The trade ties between Indonesia, which became the latest member to join the Regional Comprehensive Economic Partnership (RCEP), and Cambodia are expected to go up, but the textile sector in both countries is unlikely to benefit from the agreement, according to some experts.
A second round of formal negotiations for the Cambodia-United Arab Emirates Comprehensive Economic Partnership Agreement (CAM-UAE CEPA) is being held in Phnom Penh.
The Cambodia-Korea Free Trade Agreement comes into force and will be used by two parties to encourage more investors from The Republic of South Korea to invest in the Kingdom and export products to the Korean counterpart and third countries.
Cambodia is set to host the second round of formal talks on the bilateral Cambodia-United Arab Emirates Comprehensive Economic Partnership Agreement, with the deal expected to have substantial positive effects on the Kingdom’s trade with the Middle East.
Formal talks on the Cambodia-United Arab Emirates (UAE) CEPA will likely be completed by 2023, according to a senior commerce ministry official.
