RCEP, bilateral FTAs key to attract investments to Cambodia in post-pandemic era, says top official

PHNOM PENH, Feb 19 (Xinhua): The Regional Comprehensive Economic Partnership (RCEP) free trade pact and bilateral free trade agreements (FTAs) are one of the key factors attracting foreign direct investments to Cambodia in the post-Covid-19 era, a senior official has announced.

Cambodia has bilateral FTAs with China and South Korea as well as the RCEP free trade agreement, and "these pacts are a factor for the attraction of investments to our country," Economy and Finance Ministry's permanent secretary of state Vongsey Vissoth said in a press conference on the country's macroeconomic management for 2022.