Minister of Commerce Pan Sorasak urged all related parties to work together on the possibility of establishing a free trade agreement between Cambodia and Japan following a remarkable growth in exports of Cambodian products to Japan this year. Japan is the fifth biggest market for Cambodian exports during the first five months of this year, with the Kingdom exporting products worth $442 million to Japan. The main exports to Japan were garments, bags, footwear, furniture, cosmetics, paper office supplies, and leather goods while Cambodia imported machinery, automobiles, electronics, furniture, fabrics and plastics from Japan. Establishing more FTAs with main trading partners will help Cambodian products get more access to international market, contribute to economic development, and generate income as well as jobs for local people, said Lim Heng, vice-president of the Cambodia Chamber of Commerce.

Reference:Chea, V. (2023, June 13).  Cambodia eyes free trade agreement with Japan. Khmer Times. Retrieved from  https://www.khmertimeskh.com/501306688/cambodia-eyes-free-trade-agreement-with-japan/