Cambodia to Practice Cross-Border Paperless Trade toward National Digital Economy

Cambodia will soon practice cross-border paperless trade to meet development of national digital economy, and fostering effectiveness, accountability, and transparency in trade flow across the region, contributing to global harmonisation.

The information was made by H.E. Ms. Tekreth Kamrang, Secretary of State for Ministry of Commerce, while presiding over a national workshop on Facilitating Cross-Border Paperless Trade in Cambodia, at Sunway Hotel yesterday.

As part of the effort, Cambodia became a member country of UN Framework Agreement on Facilitation of Cross-Border Paperless Trade in Asia and the Pacific in 2017, established the Committee of National Single Window (NSW), and introduced the law on e-commerce.

The Ministry of Commerce has also reviewed administrative procedures, administration of the automated system for customs data (ASYCUDA), carried out trade reform and facilitation, and updated and put into use the Cambodia Trade Integration Strategy (CTIS) 2019-2023, she added.

On the occasion, H.E. Ms. Tekreth Kamrang encouraged the workshop to examine and productively discuss a report generated by the UNESCAP on cross-border paperless trade for a priority plan for short-term period to collect resources, mainly aid-for-trade in the future.

Source: Agency Kampuchea Press