Industrials Nov 22, 2021 10:09 AM (GMT+8) · EqualOcean
According to the Ministry of Commerce, the free trade agreement between the government of the people's Republic of China and the royal government of Cambodia will officially enter into force on January 1, 2022. The agreement was officially signed on October 12, 2020. According to the arrangement of the agreement, the proportion of zero tariff products in the trade of goods between the two sides has reached more than 90%, and the commitment to the opening of the service trade market also reflects the highest level given to their free trade partners. One belt, one road initiative, e-commerce, and economic and technological cooperation were also further developed.