The Third Cambodia-UK Joint Trade and Investment Forum (JTIF) opened in Phnom Penh, focusing on ‘Progressive Partnerships in a Shifting Global Landscape.’ Hosted by Cambodia’s Ministry of Commerce and the British Embassy, the event aims to enhance economic cooperation, sustainable growth, and business opportunities. Both nations emphasized their commitment to rules-based trade, with Cambodia preparing to graduate from LDC status by 2029 and seeking CPTPP membership. The forum facilitates policy dialogue, market access cooperation, and private-sector engagement to reduce trade barriers and leverage frameworks like the Developing Countries Trading Scheme (DCTS). Discussions included export facilitation, taxation, and capacity-building initiatives. Officials highlighted progress since the 2024 forum, with strengthened collaboration on infrastructure, finance, and customs. The event underscores the UK’s support for Cambodia’s post-LDC transition and its role as ASEAN’s newest Dialogue Partner.
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Summary adapted from content licensed under the Open Government Licence v3.0.
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Original source: https://www.gov.uk/
https://www.gov.uk/government/news/cambodia-uk-advance-trade-relations-at-the-third-investment-forum
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