2nd round of Cambodia-UAE CEPA talks conclude

26 Dec '22

1 min read

Pic: Shutterstock

The second round of formal negotiations for the Cambodia-United Arab Emirates Comprehensive Economic Partnership Agreement (CAM-UAE CEPA) concluded recently. Progress was made on provisions concerning key areas for sustainable and inclusive socio-economic development like trade in goods and services, investment, agriculture, e-commerce, industry and energy.

The three-day follow-up round of talks was held in Phnom Penh, nearly two months after the first one organized in Abu Dhabi.

The latest talks ironed out several points of disagreement to help ensure a comprehensive and long-term yet flexible framework for the CEPA that better establishes common positions and interests, the Cambodian commerce ministry affirmed in a statement.

The third round of talks is set to be held in the UAE next year.

The country is exploring the export potential for agricultural products, textile-related items and general components to the UAE and the Middle East.

ALCHEMPro News Desk (DS)

More Textiles News - Cambodia...