Deadly Collision Claims 67 Lives in U.S. Air Disaster | At Least 30 Dead and Many Injured in Stampede at Maha Kumbh Mela in India | Chinese President Xi Jinping Affirms Cambodia's Role as a Key Partner in China’s Diplomatic Strategy | Xi Jinping Concludes State Visit to Cambodia, Strengthening Bilateral Ties | Chinese President Xi Jinping Concludes Successful State Visit to Cambodia | Chinese Ambassador: US-China Trade Tensions Harm Developing Nations; President Xi Urges Investment in Cambodia and Expanded Market Access | Japanese Maritime Self-Defense Force Ships Bungo and Etazima Dock at Ream Sea Base for Four-Day Visit | Prime Minister Hun Manet Expresses Displeasure Over Criticism of Chinese Investments During Kampot International Tourist Port Inauguration | Asian Development Bank Collaborates with Cambodia on New Development Projects Worth Over $1 Billion |
Deadly Collision Claims 67 Lives in U.S. Air Disaster | At Least 30 Dead and Many Injured in Stampede at Maha Kumbh Mela in India | Chinese President Xi Jinping Affirms Cambodia's Role as a Key Partner in China’s Diplomatic Strategy | Xi Jinping Concludes State Visit to Cambodia, Strengthening Bilateral Ties | Chinese President Xi Jinping Concludes Successful State Visit to Cambodia | Chinese Ambassador: US-China Trade Tensions Harm Developing Nations; President Xi Urges Investment in Cambodia and Expanded Market Access | Japanese Maritime Self-Defense Force Ships Bungo and Etazima Dock at Ream Sea Base for Four-Day Visit | Prime Minister Hun Manet Expresses Displeasure Over Criticism of Chinese Investments During Kampot International Tourist Port Inauguration | Asian Development Bank Collaborates with Cambodia on New Development Projects Worth Over $1 Billion |

Cambodia, Korea to Sign Free Trade Agreement This Month

  • Posted Oct 1, 2021 21:26 by Rosahlee Bautista
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Phnom Penh: Cambodia and South Korea are scheduled to sign a Free Trade Agreement this month, although no specific date has been set. The Undersecretary of State and the Spokesman for the Ministry of Commerce, Pen Sovicheat, says the countries wrapped up negotiations on the establishment of the bilateral free trade agreement in February.

If the Covid-19 situation shows some improvement, the Minister of Commerce will lead a delegation to South Korea to sign the pact in person, but if the situation does not allow, then the signing will take place online. As planned, the two sides are committed to signing the agreement on time.

Bilateral trade relations between Cambodia and South Korea have been running smoothly. During the first eight months of 2021, the trade volume between the two reached more than $514 million, an increase of 11.52% compared to the same period in 2020. Cambodia has exported more than $129 million in goods to South Korea, while imports from South Korea have totalled more than $385 million.


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