Ministry of Commerce Updates the Public on Drafting Process of 10 Laws and Regulations

The Ministry of Commerce held here on Wednesday the fourth meeting of the Committee on Management and Promotion of Trade Related Draft Laws and Regulations under the presidency of H.E. Pan Sorasak, Minister of Commerce.

According to the ministry’s news release, Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen signed the draft Sub-Decree on Establishment of Cambodian Halal Committee on July 29, while other draft laws and regulations are under discussion and revision.

The draft Sub-Decree on Establishment of Committee for Anti-Counterfeit of Gems, Stones and Arts will be submitted for more inputs for concerned ministries; draft Law on E-Commerce needs more review in terms of wordings and phrases in Khmer; draft Law on Consumer Protection will be discussed onAug. 16; draft Law on Commercial Contract needs a final meeting before being submitted to the Council of Ministers; draft Law on Competition is expected to be finished this month; draft Law on Food is under translation into Khmer; draft Law on Trade Remedies will be reviewed on Sept. 9, 2016; draft Amendment to the Law on Secured Transaction will proceed with the participation from Ministry of Justice; and Proposed Amendment of Law/Sub-Decree on Overseas Chamber of Commerce: Working Group is scheduled to meet for the first time on Aug. 11, 2016.

Source: Agency Kampuchea Press