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Prime Minister Hun Sen obtained Dr. Thani bin Ahmed Al Zeyoudi, Minister of Worldwide Commerce of the United Arab Emirates, to pay a courtesy name and talk about bilateral issues on the afternoon of June 8.
In the course of the courtesy name, the Prime Minister of Cambodia will preside over the signing ceremony of the Cambodia-UAE Complete Financial Partnership Settlement (CEPA).
Cambodia and the United Arab Emirates began to formally open negotiations on the Cambodia-United Arab Emirates Complete Financial Partnership Settlement on October 24, 2022. Previous to as we speak’s signing, the 2 international locations’ working teams held three high-level talks.
By means of this settlement, Cambodia is predicted to reap most advantages. Cambodia will be capable of diversify its export markets to the United Arab Emirates and penetrate different Arab markets within the Center East and North Africa, that are close by. Some vital Cambodian items, particularly clothes and footwear, might be tax deductible or exempt.
On the identical time, Cambodia may even think about importing high-quality and competitively priced precedence items to fulfill home demand, comparable to lubricants, rubber, pavements and animal feed.
By means of this settlement, commerce between Cambodia and the United Arab Emirates might be livelier and the nation’s markets might be wider. Recent Information
- Tags: PM Hun Sen, the United Arab Emirates
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