Logo of Phnom Penh Post newspaper Phnom Penh Post - Moore optimistic on WTO chances

Moore optimistic on WTO chances

Moore optimistic on WTO chances

Cambodia's bid to join the World Trade Organization gained momentum with a 24-hour

visit by the body's director-general Mike Moore November 26.

Moore said he would be "very disappointed" if Cambodia had not joined within

a year. He was optimistic the government would make the necessary changes, but emphasized

that accession was also dependent on the unanimous agreement of the WTO's 144 members.

"I'm enthused, impressed and personally committed," said Moore, who met

the King, the Prime Minister and senators.

Other observers were more cautious about Cambodia's ability to carry out necessary

changes. Chairman of the British Business Association of Cambodia, Senaka Fernando,

said enforcement of legislation was a central concern for the foreign investment

community.

"It's important to have all the legislation in place but also to make sure everybody

follows it, including local and foreign businesses," he said. "Having legislation

is one thing but enforcing it is another. Cambodia's enforcement of legislation is

quite appalling."

Minister of Commerce Cham Prasidh said most of the government's legislative action

plan would go through next year, although the time scale did extend up until 2004.

He said in some cases laws were already drafted and just needed amendments.

Secretary of State Sok Siphana said it was essential to the survival of the garment

industry, the country's biggest formal employer, that Cambodia joins the WTO before

2005 when the multi-fiber agreement expires.

"When that agreement expires it will enable all member countries of the WTO

to export textiles to any other country without quotas. If we are not a member of

the WTO by 2005 we will be subject to quotas and other countries will not."

"Joining the WTO forces us to put in place a whole framework - [more than] forty

pieces of legislation." These changes, he said, had now become a priority, and

included areas such as intellectual property and a properly functioning court system.

MOST VIEWED

  • Cambodia-Thailand rail reconnected after 45 years

    A railway reconnecting Cambodia and Thailand was officially inaugurated on Monday following a 45-year hiatus, with the two kingdoms’ prime ministers in attendance at the ceremony. On the occasion, Cambodian Prime Minister Hun Sen and Thai Prime Minister Prayut Chan-o-cha travelled together from Thailand’s

  • Thousands attend CNRP-organised pro-democracy vigil in South Korea

    Thousands of supporters of the Supreme Court-dissolved Cambodia National Rescue Party (CNRP) on Saturday gathered in the South Korean city of Gwangju to hold a candlelight demonstration calling for the “liberation” of democracy in Cambodia. Yim Sinorn, a CNRP member in South Korea, said on

  • US Embassy: Chinese trade does not help like the West’s

    The US Embassy in Phnom Penh on Friday said relations between China and Cambodia did not create jobs or help industry when compared to the trade between the Kingdom and the US. “About 87 per cent of trade [with China] are Chinese imports, which do not

  • The Christian NGO empowering Cambodian families in Siem Reap

    With its basketball court, football pitch, tennis court and ninja warrior water sports area, you could be forgiven for thinking that the Siem Reap campus of International Christian Fellowship (ICF) Cambodia is a sports centre. But while these free, family-friendly activities are one of the