After recent negotiations, Cambodia and Japan are now scheduled to adopt a bilateral
investment agreement in April, the Council for the Development of Cambodia said.
Cambodia will agree to ease business procedures, and introduce government price intervention
and preferential ownership rights for Japanese investors as part of the deal. Despite
being a primary source of aid, Japan is not one of Cambodia's main investors. The
Japanese Chamber of Commerce says Japanese investors fear restrictive customs measures,
unclear tariffs and corruption.
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