date:Jul 12, 2022
According to a World Bank report, the Cambodia-China Free Trade Agreement (CCFTA) is expected to boost agricultural commodity exports. The objective of CCFTA and RCEP is to increase the trade in goods (and services) by reducing and eliminating tariffs and non-tariff barriers.
The CCFTA covers more than 10,800 tariff lines for Cambodia and about 8,500 tariff lines for China. The CCFTA goes beyond what was offered under the ASEAN-China FTA, covering an additional 340 tariff lines (4 percent of th