Google

ASEANAFFAIRS
Sign up | Log in

    ASEAN PROFILES

  ASEAN KEY DESTINATIONS

Home  >> Daily News >>Asean >> Trade >>Hong Kong-Asean trade deal a boon for Cambodia

NEWS UPDATES Asean Affairs   November 15,  2017  








 


Hong Kong-Asean trade deal a boon for Cambodia

A free trade agreement signed between Hong Kong and members of the Association of Southeast Asian Nations (Asean) stands to benefit the Kingdom by helping it diversify its export destinations, an economist said yesterday.

The agreement, which was signed on Sunday in Manila, concludes nearly three years of talks and is expected to take effect in 2019 at the earliest. The aim of the agreement is to reduce trade barriers and boost investment through greater regional economic integration.

Hiroshi Suzuki, CEO of Business Research Institute for Cambodia (BRIC), said that for heavily reliant export economies like Cambodia, these types of agreements are essential for continued growth.

“For many developing countries, including Cambodia, which are relying on exports, free trade is one of the most important fundamentals for the development of economy,” he said.

“The FTA [free trade agreement] between Hong Kong and Asean will contribute to the diversification of export destinations from Cambodia.”

Suzuki also said that the planned finalisation of the Japan-Asean Economic Partnership Agreement was expected to bring regional benefits, and urged the Kingdom to join in a version of the Trans-Pacific Partnership which was formally adopted by Asia-Pacific Economic Cooperation (APEC) last week called the Comprehensive and Progressive Agreement for the Trans-Pacific Partnership (CPTPP).

The US withdrew from the TPP last year, sparking fears of isolationist policies.


Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates
Contact: marketing@aseanaffairs.com

Comment on this Article. Send them to  your.views@aseanaffairs.com

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
 
or
submit your comment in the box below



  Today's  Stories                         November 15,  2017
• Ex-Pres. Arroyo to ASEAN: Invest in physical, digital infrastructure Subcribe: Asean Affairs Global Magazine
• Japan signs Rp 14.2t loan agreement for Patimban port project  Subsribe Now !
Hong Kong-Asean trade deal a boon for Cambodia
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

• Singapore's property market is set to sizzle
• Trudeau says Canada ‘ideal’ to be ASEAN’s trade partner
Asean Analysis                  October 27,  2017
• Asean Analysis October 27, 2017
Southeast Asia from Scott Circle: Indonesian Presidential Politics Begins to Heat Up 18 Months before Elections
Advertise Your Brand

Asean Stock Watch   November 13,  2017

• Asean Stock Watch-November 13, 2017
The Biweekly Update
• The Biweekly Update  October 27, 2017

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan

ASEAN  ANALYSIS

This year in Thailand-what next?


AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More

 


Name

Name


Email

Email



1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

Home | About Us | Contact Us | Special Feature | Features | News | Magazine | Events | TV | Press Release | Advertise With us

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2017 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand
asean@aseanaffairs.com