China and Cambodia Hold the 2nd Round of Negotiations on the Bilateral Free Trade Agreement

By：MOFCOM Update：2020-04-16

On April 9, 2020, the second round of negotiations on the China-Cambodia FTA was held via remote video. In this round of negotiations, the two sides reached a broad consensus on the contents of the agreement, and completed consultations in the fields of the cooperation on Belt and Road Initiative, investment cooperation, economic and technological cooperation, e-commerce and some legal issues. Important progress has been made in the fields of trade in goods, rules of origin, customs procedures and trade facilitation, technical barriers to trade, sanitary and phytosanitary measures, trade in services, transparency and relevant laws. The two sides agreed to continue to speed up the negotiations through various means, including video conference, and to take practical actions to jointly promote free trade, stabilize regional economy, safeguard global industrial chain and jointly fight the COVID-19.

The negotiation and signing of the China-Cambodia Free Trade Agreement is an important measure to implement the consensus reached by the leaders of the two countries. It is conducive to deepening the economic and trade ties between the two sides, to developing the comprehensive strategic partnership between the two countries and to promoting the joint construction of the China-Cambodia Community with a shared future.