FTA plan prioritizes 11 goods for Cambodian exports

Cambodia is preparing a strategic plan to maximize the benefits of implementing free trade agreements (FTA), by prioritizing 11 products to enhance the processing and value-add. The Ministry of Commerce led an inter-ministerial working group meeting on July 6 to discuss and approve the plan as a basis of introducing an action plan for relevant government bodies in a bid to boost trade, investment and jobs.

The 11 priority products are fish, paddy rice, cassava, banana, Pailin longan, mango, cashew nuts, meat, natural rubber, pineapple and peppercorn. The ministry is also looking at 30 other products which will enhance exports. The plan includes attracting investors to incorporate research and set an example for other bilateral FTAs.

Source: phnompenhpost.com


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