Cambodian and Thai commerce officials met yesterday in Phnom Penh for the 6th Joint Trade Committee (JTC) meeting between the two countries, according to a government press release.

Both sides agreed to work on a double taxation avoidance agreement for companies operating in Thailand and Cambodia.

Officials also discussed further ways to reach the goal of increasing bilateral trade to $15 billion by 2020, including an agreement to create a joint committee on border trade.

Commerce Ministers from Thailand and Cambodia will hold further meetings today to discuss trade potential.