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.
U.S.-ASEAN Special Summit kicks off in Washington without Myanmar
The United States followed ASEAN’s lead in refusing to invite coup leader Min Aung Hlaing but offering a spot to a “non-political representative” of Myanmar—an offer the junta has consistently refused.
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.
ASEAN, AIIB, MCDF, foster partnership in infrastructure
The workshop aims to foster partnerships between governments, MDBs, export credit agencies (ECAs), and other financial institutions in exploring financing opportunities of infrastructure projects in the post-COVID-19 pandemic period.