Cambodia and Canada have confirmed their commitment to increasing and strengthening their trade cooperation.
Key Trade Talks
This confirmation came during a meeting on November 20th between H.E. Long Kemvichet, Director-General of Cambodia’s General Department of International Trade, and H.E. Ambra Dickie, the Canadian Ambassador to Cambodia.
During the meeting, the two officials shared ideas about the overall trade and investment relationship between the two countries, both directly (bilateral) and within the wider region (regional). They focused especially on the current talks for the ASEAN-Canada Free Trade Agreement (ACAFTA).
Free Trade Agreement on Track
Both sides emphasized that it is important to push the ACAFTA negotiations forward so they can be mostly finished (reach a substantial conclusion) by the 2026 deadline. H.E. Long Kemvichet repeated that Cambodia fully supports the continued progress of these trade talks.
Future Areas of Collaboration
Additionally, the two countries discussed several important areas where they could work together more closely, including:
- Trade
- Food Security (ensuring reliable food supply)
- E-commerce (online business)
- Energy
- Digitalisation (making things digital)
- Artificial Intelligence (AI)
The goal is to deepen their collaboration in these sectors and find more opportunities to work together both between the two nations and across the ASEAN region.