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The Royal Government of Cambodia has received a positive response from the United States regarding its request to initiate negotiations on recent U.S. tariff hikes, according to a press release issued by the Ministry of Commerce on April 10, 2025. The upcoming talks will be conducted between an Ad Hoc interministerial-institutional negotiation task force—led by…
Cambodia recorded over USD 116 million in revenue from rubber and rubberwood exports during the first quarter of 2025, representing a 15.2% increase compared to the same period in 2024. This growth highlights the sustained international demand for Cambodian rubber products and the sector’s strengthening contribution to the national economy. According to a report from…
Cambodia’s total exports reached US$6.88 billion in the first two months of 2025, marking a 9.8% increase from the US$6.26 billion recorded during the same period last year, according to the latest report from the General Department of Customs and Excise. The United States remained Cambodia’s largest export destination, purchasing goods worth US$2.43 billion, which…
The Royal Government of Cambodia has announced an immediate tariff reduction on 19 categories of U.S. product imports and has formally requested negotiations with the United States regarding the upcoming tariff increase on Cambodian goods. In a letter addressed to U.S. President Donald J. Trump on April 4, 2025, Prime Minister Samdech Moha Borvor Thipadei…
Cambodian Prime Minister Samdech Moha Borvor Thipadei Hun Manet has called on the public to remain calm and place trust in the government as it addresses the implications of the United States’ recently announced reciprocal tariffs on Cambodia. His remarks were delivered during a news release summarizing the outcomes of the weekly plenary cabinet meeting,…
Phnom Penh — H.E. Prof. Dr. SOK Siphana, Senior Minister in charge of Special Missions (Multilateral Trade and Economic Affairs) and Chairman of the Trade Policy Advisory Board (TPAB), delivered the keynote address at the Joint Symposium on Cambodia’s Economic Development and Economic Policy: Opportunities and Challenges, held at the Institute for Banking Studies. The…
Dr. Ngozi Okonjo-Iweala, Director-General of the World Trade Organization (WTO), has commended Cambodia for its robust macroeconomic performance and efforts to diversify its economy. The praise came during her meeting with H.E. Mrs. Cham Nimul, Cambodia’s Minister of Commerce, on March 27, held on the sidelines of Cambodia’s Third Trade Policy Review in Geneva, Switzerland.…
A visiting U.S. congressional delegation has reiterated its commitment to fostering stronger diplomatic and economic ties between the United States and Cambodia. Led by H.E. Jimmy Panetta, a Democratic Congressman from California, the delegation met with Cambodian Prime Minister Samdech Moha Borvor Thipadei Hun Manet at the Peace Palace this afternoon. During the courtesy call,…
Cambodia’s international trade experienced a remarkable surge in 2024, increasing by 16% to reach US$54.74 billion, compared to US$46.82 billion in 2023, according to a report released by the General Department of Customs and Excise on January 10. The Kingdom’s exports rose to US$26.19 billion, reflecting a year-on-year growth of 15.7%. Meanwhile, imports climbed to…
The National Standards Council (NSC) approved 36 new Cambodia Standards (CS) during its 29th meeting at the Ministry of Industry, Science, Technology & Innovation on December 26, 2024. Chaired by Minister HEM Vanndy, the meeting evaluated 41 proposed standards, with 36 gaining approval. Three standards related to artificial intelligence (AI) and two revised standards for…
On November 13, 2024, His Excellency SOK Chenda Sophea, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation of Cambodia, held a courtesy meeting with Mr. David Verbiwski, Chargé d’Affaires of the Office of the Embassy of Canada in Phnom Penh. This meeting highlighted the strong and developing relationship between Cambodia and Canada,…
In a significant step towards enhancing Cambodia’s export capabilities, the Ministry of Commerce has officially launched the Export Service Centre (ESC). This new initiative, inaugurated on November 5, reflects Cambodia’s commitment to advancing its local products on a global stage. The ESC is specifically designed to equip Cambodian exporters with critical support, resources, and guidance…
In a significant development for Cambodia’s economy, the country’s trade with members of the Regional Comprehensive Economic Partnership (RCEP) witnessed a substantial increase, reaching over $25 billion within the initial nine months of 2024. This surge, amounting to a 17.1 percent increase compared to the same timeframe the previous year, is a clear indication of…
