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Cambodia exports footwear to China under RCEP

Cambodia has exported footwear products to China under the Regional Comprehensive Economic Partnership Agreement, which took effect on January 1 this year. Kith Meng, President of the Cambodia Chamber of Commerce and Chairman of the Asean Business Advisory Council, mentioned the development during a meeting held virtually on Thursday with Satvinder Singh, Deputy Secretary-General for […]

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Cambodian garments, footwear and travel goods strategic plan to entice investors

Cambodia’s strategic plan on garment, footwear and travel goods development 2021-2024 will attract more investment and contribute to sustainable development in the sector, Ith Samheng, minister for labour and vocational training, told Okhna Kong Sang, president of Garment Manufacturers Association in Cambodia (GMAC) in Phnom Penh. The plan also includes measures and strategic framework in […]

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Cambodia: Kingdom remains on FATF’s grey list

Cambodia remains on the grey list of nations under increased monitoring by the Financial Action Task Force (FATF), a Paris-based global watchdog, for deficiencies in their efforts to counter money laundering, terrorist financing, and proliferation financing. FATF expressed significant concern that Cambodia failed to complete its action plan, which fully expired in January 2021. It […]

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