Cambodian National Assembly has adopted a draft Environment and Natural Resources Code and a draft law authorising ratification of the ASEAN Trade in Services Agreement.

The assembly discussed and unanimously approved the draft code and draft law in its 9th session of the 6th legislature chaired by its President Samdech Akka Moha Ponhea Chakrei Heng Samrin on May 30.

Defended by Environment Minister H.E. Say Samal, the draft Environment and Natural Resources Code improved ambiguities and outdatedness of some legal provisions to address the emerging issues and better facilitate environment and natural resource management and development in Cambodia.

The draft law authorising ratification of the ASEAN Trade in Services Agreement was defended by Commerce Minister H.E. Pan Sorasak.

It aimed to strengthen economic connectivity, provide better opportunities for economic development, increase trade and investment, and secure broader market within the ASEAN Economic Community.

It also promotes regulatory cooperation, human resource development, and small and medium enterprises; and reduce the development gap between ASEAN member countries to achieve equality and sustainable socio-economic development.

Source: Agence Kampuchea Presse