Cambodia and Vietnam agree to drop import duties

Trade ties between Cambodia and Vietnam were strengthened on Wednesday following a meeting between high-ranking commerce officials in which both countries agree to drop tariffs on a number of goods.

[…]“In the meeting, Vietnam agreed to grant zero duty privileges to 32 Cambodian goods, and agreed to implement a 300,000-tonnes quota for Cambodian rice and 3,000 tonnes for tobacco leaves for 2019 and 2020,” Mr Hung said, according to a statement issued by the Cambodian Ministry of Commerce on Wednesday.

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