Cambodia, United Arab Emirates Eying Possibility of Bilateral FTA Establishment

Cambodia and the United Arab Emirates (UAE) will conduct a study on possibility of establishing a bilateral free trade agreement (FTA) in the near future.
The plan was unveiled during a bilateral meeting between H.E. Pan Sorasak, Minister of Commerce of Cambodia, and H.E. Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade of UAE, in Dubai early this week, while the former was attending Cambodia’s National Day at Expo 2020 Dubai.
Both sides briefed each other on the economic, trade and tourism situation as well as investment potential in their respective countries.
They agreed to invite each other’s delegations for an official visit to study joint investment opportunities in potential sectors, and to create a working group to study the possibility of establishing an FTA between Cambodia and UAE.
Cambodia has so far reached bilateral FTAs with China and South Korea, and been negotiating for more FTAs with major partners such as Japan, India, Mongolia, Canada and the United Kingdom to diversify markets and boost exports.

Source: Agency Kampuchea Press