Logo of Phnom Penh Post newspaper Phnom Penh Post - Thai trade MoU doesn’t need parliamentary OK

Thai trade MoU doesn’t need parliamentary OK

Thai trade MoU doesn’t need parliamentary OK

The memorandum of understanding (MoU) to encourage transborder trade between Thailand and Cambodia has been ruled exempt from Thai parliamentary approval by Thailand’s Constitutional Court.

The MoU was initially scheduled to go into effect on November 13, but was postponed due to Thailand’s new customs laws. Bilateral trade between Cambodia and Thailand reached $5.6 billion in 2016, with Thailand’s exports to the Kingdom as high as $4.7 billion.

MOST VIEWED

  • New US bill ‘is a violation of Cambodian independence’

    After a US congressmen introduced bipartisan legislation that will enact sanctions on Cambodian officials responsible for “undermining democracy” in the Kingdom, government officials and the ruling Cambodian People’s Party on Sunday said they regarded the potential action as the “violation of independence and sovereignty

  • Angkor Wat named as the top landmark for the second year

    Travel website TripAdvisor has named Cambodia’s ancient wonder Angkor Wat as the top landmark in the world for the second year running in their Travelers’ Choice Award 2018, an achievement Cambodian tourism operators expect will attract more tourists to the Kingdom. The website uses traveller

  • Ministry’s plan for net sparks fears

    The government has ordered all domestic and international internet traffic in the Kingdom to pass through a Data Management Centre (DMC) that has been newly created by the state-owned Telecom Cambodia, in a move some have claimed is an attempt to censor government critics. Spokesman

  • Hun Sen detractors ‘will die’

    Prime Minister Hun Sen on Wednesday said those who curse or insult him would eventually die without a plot of land to bury their bodies after being killed by lightning, suffering the same fate as those who recently died in Thmar Baing district in Koh