China, Cambodia Hope to Ratify FTA This Year

China and Cambodia expect to ratify before the end of the year a free trade agreement featuring increased market access for goods and services, improved investment protocols and increased regulatory alignment, according to a June 18 report from the Hong Kong Trade Development Council. Cambodia hopes the deal delivers a boost to its exports, the HKTDC said, which will soon lose their duty-free access in the European Union (see 2003030020).