Kampong Chhnang (FN), Jun. 8 – Cambodian prime minister Hun Sen said that this afternoon (Jun 8), Cambodia and the United Arab Emirates (UAE) will sign a Comprehensive Economic Partnership Agreement (CEPA) to expand Cambodia's market.

The premier spoke on Thursday morning (June 8) during his meeting with nearly 20,000 workers in Kampong Chhnang province.

"When we have a free trade agreement with China, Cambodia's export volume to China has increased and our market is bigger. Our market is also bigger when we have a free trade agreement with South Korea. Our market will also expand when we signed the [CEPA] agreement with the UAE,” the premier added.

Samdech continued, “even though we do not have a free trade agreement with Japan, Japan still imports products from Cambodia.”

The Cambodia-UAE CEPA becomes the third bilateral free trade agreement after the Cambodia-China Free Trade Agreement (CCFTA), which entered into force on 1 January 2022, and Cambodia-Korea Free Trade Agreement (CKFTA), which came into force on 1 December 2022.

Samdech said that the bilateral free trade agreement had played an essential role in expanding Cambodia's market and increasing the kingdom’s exports.