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

  • Restrictions re-imposed in capital as Covid cases surge

    Amid the ongoing community outbreak of Covid-19, which has shown no sign of subsiding with 750 infections and 10 deaths reported on June 2 alone, the Phnom Penh Municipal Administration has decided to re-impose the suspension of all occupations and business activities deemed as posing high risk of

  • Phnom Penh-Sihanoukville expressway 51% complete

    The construction of the nearly $2 billion Phnom Penh-Sihanoukville Expressway is 51.35 per cent complete and is expected to be finished in 2023, according to Ministry of Public Works and Transport secretary of state Vasim Sorya. Invested in by Cambodian PPSHV Expressway Co Ltd, the first expressway in

  • With herd immunity likely in 2022, is Cambodia ready to reopen for tourism?

    The government aims to inoculate 80 per cent of the target population by June next year, giving it a head start among regional peers to reboot the sector but first, it has to do a few things to up its game A sign on a glass

  • US wants 'full access' to Ream Naval Base

    On June 11, the US embassy's Defense Attaché Colonel Marcus M Ferrara visited Ream Nava Base in coordination with Cambodian officials following the recent approval of Prime minister Hun Sen to allay the concerns on Chinese military presence at the base as raised by US Deputy

  • US embassy guard gets Covid despite two doses of Pfizer jab

    The Covid-19 tracking commission on June 4 said a security guard at the US embassy in Phnom Penh had contracted the novel coronavirus, despite having received a second dose of the Pfizer-BioNTech shot two weeks ago. Embassy spokesperson Chad Roedemeier confirmed the SARS-CoV-2 infection to The

  • Kingdom set to be a gold producer

    Cambodia will soon join the roster of gold producing countries after the government announced the commencement of commercial gold mining operations in the Okvau area in southwestern Mondulkiri province's Keo Seima district from June 21. Prime Minister Hun Sen on June 10 announced that after 14 years of