PM: Ending trade pacts hurts development

Prime Minister Hun Sen called on World Trade Organisation (WTO) member states and development partners “to give close consideration” before removing preferential trade status from Least Developed Countries (LDCs).

Speaking at the opening of the WTO’s 2019 Global Review of Aid for Trade in Geneva, Switzerland on Wednesday, Hun Sen said that the continuation and enhancement of trade preferences – whether bilateral or unilateral – was essential for LDCs to achieve their development goals.

He said that after joining the WTO in 2004, Cambodia has accomplished many achievements and enjoyed annual economic growth of around 7.7 per cent over the past two decades.

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Hin Pisei