Home breadcru News breadcru Import/Exports breadcru 3rd round talks for Cambodia-UAE CEPA to be held in Dubai

3rd round talks for Cambodia-UAE CEPA to be held in Dubai

07 Feb '23
1 min read
Pic: Shutterstock
Pic: Shutterstock

The third round of talks for the Cambodia-United Arab Emirates Comprehensive Economic Partnership Agreement (CAM-UAE CEPA) is set to be held from February 20 to 22 in Dubai, instead of Abu Dhabi, according to Cambodia’s ministry of commerce. Cambodian officials expect the agreement to be signed later this year, at the fourth round of talks.

The first and second rounds of talks were respectively held on October 24-25 in Abu Dhabi and December 19-21 in Phnom Penh.

The ministry organised an inter-ministerial working group meeting recently to discuss the upcoming third round of negotiations and consider potential items to place on the agenda, Cambodian media reported.

The meeting discussed trade in goods and services; investment; e-commerce; rules of origin; trade facilitation; technical barriers to trade; sanitary and phytosanitary measures; intellectual property; trade remedies; economic and technical cooperation; small- and medium-sized enterprises; and legal and institutional provisions.

Cambodia-UAE trade totalled $105 million in 2022, down by 28.57 per cent from $147 million. Cambodian exports to and imports from the UAE were to the tune of $70 million and $35 million, respectively, up by 34 per cent and down by 63 per cent on a yearly basis.

ALCHEMPro News Desk (DS)

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