Logo of Phnom Penh Post newspaper Phnom Penh Post - Tax treaty with Thailand mooted to boost trade

Tax treaty with Thailand mooted to boost trade

Tax treaty with Thailand mooted to boost trade

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.

MOST VIEWED

  • Cambodia’s image problem

    In opening remarks at a recent event, Secretary of State at the Ministry of Foreign Affairs and International Cooperation Luy David said information can be a double-edged sword. He told a European Institute of Asian Studies (EIAS) briefing seminar that the media has unfairly presented

  • PM Hun Sen says dangers averted

    Delivering a campaign speech from his home via Facebook Live on Thursday, caretaker Prime Minister Hun Sen said his Cambodian People’s Party (CPP) had carried the country through danger in its latest mandate. He was specifically referring to the threat of a “colour revolution”

  • Kingdom's trade deal with EU questioned before poll

    A European Union (EU) mission met with senior government officials at the Ministry of Interior on Tuesday as the 28-member bloc monitors an agreement under which Cambodian goods reach the crucial European market tariff-free. Some 10 commissioners are in the Kingdom as part of a seven-day

  • A new carrier takes off in capital

    Cambodia Airways, the latest passenger airline to enter the Kingdom, launched its first domestic flight on Tuesday. Flight KR801, carrying 145 passengers, left the Phnom Penh International Airport at 9:50am and landed in Siem Reap at 10:35am in an Airbus A319. Cambodia Airways marketing and branding