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Asean
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Vietnam, China and Thailand are Cambodia’s top three export destinations
Cambodia’s total export to the Regional Comprehensive Economic Partnership (RCEP) member countries amounted to $1.95 billion in the first quarter of 2022, up 11 percent from $1.75 billion over the same period last year, a Ministry of Commerce’s data showed on Thursday.
Singapore to Reap Long-Term Benefits Under RCEP
Data from the World Bank estimates that the agreement would cover 30 percent of the world’s population, approximately 30 percent of global GDP (US$25.8 trillion), approximately US$ 12.7 trillion (25 percent) of global trade, and 31 percent of global foreign direct investment (FDI) inflows.