Yaound©: Cambodia and Australia have vowed to deepen their bilateral cooperation on trade and investment. The commitment was made in a meeting on Mar. 26 in Yaound© city, Cameroon, between H.E. Mrs. Cham Nimul, Minister of Commerce, and Hon. Matt Thistlethwaite MP, Assistant Minister for Foreign Affairs and Trade of Australia.
According to Agence Kampuchea Presse, the meeting focused on bilateral trade relations and ongoing cooperation between Cambodia and Australia. Key trade issues were discussed, including the implementation of the Regional Comprehensive Economic Partnership (RCEP) Agreement and the ASEAN-Australia-New Zealand Free Trade Agreement (AANZFTA).
The discussions also covered the expected outcomes of the 14th Ministerial Conference (MC14), emphasizing the importance of strengthening the multilateral trading system, advancing WTO reform, and addressing development-related priorities. Both parties reaffirmed their commitment to continued cooperation and dialogue to further deepen trade and economic ties.
In 2025, the trade relationship between Cambodia and Australia saw a notable expansion, characterized by a steady increase in bilateral volume and the historic entry of new Cambodian agricultural products into the Australian market. The total two-way trade in goods for 2025 reached approximately US$600 million, reflecting a growth of nearly 10 percent from the previous year.