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Accord with Japan

Accord with Japan

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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