Cambodia’s Economic Transformation Through Trade

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Cambodia joined the World Trade Organisation (WTO) in 2004 and has since used trade as an engine of economic growth. It has pushed through remarkable reforms, become integrated into the world economy and ranks as one of the world’s most open economies. Streamlining and simplifying tariffs, adopting multilateral agreements for standards and customs arrangements have, amongst others, enabled Cambodia to successfully tap into regional and global supply chains, although there are still some elements hampering the country’s efforts.

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