Sign Up Sign Up

Login with Google Login with LinkedIn
or use

Captcha Click on image to update the captcha.

Have an account? Sign In Now

Sign In

Login with Google Login with LinkedIn
or use

Forgot Password?

Don't have account, Sign Up Here

Forgot Password Forgot Password

Lost your password? Please enter your email address. You will receive a link and will create a new password via email.

Have an account? Sign In Now

You must login to ask a question.

Login with Google Login with LinkedIn
or use

Forgot Password?

Need An Account, Sign Up Here

Please briefly explain why you feel this question should be reported.

Please briefly explain why you feel this answer should be reported.

Please briefly explain why you feel this user should be reported.

Angkor Times Logo Angkor Times Logo
Sign InSign Up

Angkor Times

Angkor Times Navigation

  • Money
  • Tech
  • Work
  • Travel
    • Phnom Penh
    • Advice for Travelers
    • Art & Culture
  • Advertise
Search
Ask A Question

Mobile menu

Close
Ask A Question
  • Money
  • Tech
  • Work
  • Travel
    • Phnom Penh
    • Advice for Travelers
    • Art & Culture
  • Advertise
  • Home
  • Business Guide
  • Living Guide
  • Tours Guide
  • Learn Khmer
  • Public Holidays
  • Emergency
  • Help

Angkor Times Latest Questions

Angkor Times
Angkor TimesExperienced
Asked: June 15, 20262026-06-15T12:14:15+07:00 2026-06-15T12:14:15+07:00In: Money

Ministry of Commerce Expands Global Vision: What Comes Next?

Cambodia is stepping up efforts to strengthen its position in the global services economy as the Ministry of Commerce works to improve the country’s trade competitiveness and deepen international integration. On June 10, 2026, the ministry launched a national workshop on Trade in Services for Development in Phnom Penh, bringing together government officials, experts from the World Trade Organisation, and leaders from key institutions. The initiative reflects Cambodia’s growing recognition that services such as finance, logistics, tourism, technology, and professional industries are becoming increasingly important drivers of economic growth.

Shaping Cambodia's services trade strategy

The three day event is designed to help Cambodia build stronger technical expertise and make better use of global trade data and digital platforms. By enhancing the skills of policymakers and trade specialists, the country hopes to create a more efficient and inclusive services sector that can support long term development and create new opportunities for businesses and investors.

National Workshop Focuses on Building Trade Capacity

The opening ceremony was led by Ministry of Commerce Secretary of State Sok Sophak, who welcomed ministry technical officials, World Trade Organisation experts, and institutional leaders to the workshop. According to the ministry, the programme runs from June 10 to June 12 and is organised in partnership with the WTO to strengthen Cambodia’s ability to navigate the increasingly complex world of international services trade.

During the workshop, participants are studying a range of advanced analytical tools that help governments understand global market trends and competitiveness. These include the Global Services Data Hub, the I TIP Services database, and the Services Trade Restrictiveness Index. The platforms provide valuable information that can guide policy decisions and help Cambodia improve its trade regulations.

Modern Trade Tools Support Better Policy Decisions

As the global economy evolves, access to accurate and reliable data has become essential for effective policymaking. The Trade in Services for Development programme introduces Cambodian officials to digital resources that allow them to compare market conditions and assess how local regulations perform against international standards.

These tools also help policymakers identify barriers to trade and improve regional trade facilitation. By understanding where Cambodia stands in the global marketplace, officials can develop strategies that make the country’s services sector more attractive to foreign partners while supporting domestic businesses.

The ability to analyse international data is particularly important as services trade becomes a larger component of economic growth across developing nations. Stronger policies and better informed decisions can help Cambodia capture more opportunities in emerging global markets.

Services Trade Plays a Growing Role in Economic Development

In his opening remarks, Sok Sophak described services trade as a fundamental pillar of Cambodia’s socio economic development and its broader integration into the international economy. He stressed that expanding a modern and inclusive services sector is just as important as strengthening traditional merchandise exports.

According to Sophak, developing competitive service industries will help Cambodia improve its position in global markets while creating new opportunities for businesses, workers, and investors. Areas such as tourism, digital services, transportation, education, and financial services all have the potential to contribute significantly to future economic growth.

He also expressed appreciation for the World Trade Organisation’s ongoing technical support, which has helped Cambodia strengthen its human resources and build expertise within the multilateral trading system.

WTO Partnership Strengthens Human Resources

International cooperation continues to play an important role in Cambodia’s economic development strategy. The partnership between the Ministry of Commerce and the WTO allows Cambodian officials to gain access to global best practices and technical knowledge that might otherwise be difficult to obtain.

Training programmes such as the Trade in Services for Development workshop help prepare a new generation of trade specialists who can navigate changing international markets and negotiate more effectively within the global trading system. Building these capabilities is expected to support sustainable economic growth and increase Cambodia’s competitiveness in the years ahead.

As the services sector continues to expand across developing economies, investments in knowledge and human capital are becoming just as important as investments in physical infrastructure.

Conclusion

Cambodia’s latest Trade in Services for Development workshop highlights the country’s determination to strengthen its role in the global services economy. By investing in technical expertise, data driven policymaking, and international cooperation, the Ministry of Commerce is laying the groundwork for a more competitive and inclusive services sector. As trade in services continues to grow worldwide, these efforts could help Cambodia unlock new economic opportunities, attract investment, and support long term national development.

  • 0
    Facebook
  • 0 0 Answers
  • 0 Followers
  • 0
  • Share
    Share
    • Share on Facebook
    • Share on Twitter
    • Share on LinkedIn
    • Share on WhatsApp

Related Questions

  • PM Reveals the Skill Strategy Behind Cambodia's Economic Growth
  • Cambodia Strengthens Ties with Samsung: What Could This Partnership Bring?
  • New SEZ for Kampong Thom: Why Is Kampong Thom in Focus?
  • What Is Cambodia Trade Enterprise and Why Was It Created?
  • European Tech Firms Turn to Cambodia: What Is Driving Their Interest?
  • Cambodia Wants to Reduce Imports: What Could Change for Businesses and Consumers?
  • Cambodia and Laos Strengthen Ties: What Could This Mean for Trade and Investment?
  • Cambodia To Review E-Commerce Laws: What Opportunities Lie Ahead?
  • Hun Manet's Hanoi Visit: What New Opportunities Could Emerge?
  • Cambodia Investment Outlook 2026: Where Are the Biggest Opportunities for Foreign Investors?
Leave an answer

Leave an answer
Cancel reply

Browse

Choose from here the video type.

Put Video ID here: https://www.youtube.com/watch?v=sdUUx5FdySs Ex: "sdUUx5FdySs".

Sidebar

  • Facebook
  • TikTok
  • TikTok
  • LinkedIn
  • X
  • YouTube
  • Reddit
  • Instagram
  • LinkedIn
  • Facebook
  • Facebook
  • Most visited
  • Why Pubstreet in Siem Reap popular? What can I do there ?

  • How do I earn 5k-6k a month from YouTube in Cambodia?

  • Who are the Richest Persons in Cambodia?

  • Why do people buy verified Facebook account or page in Cambodia?

  • What are the best businesses to start in Cambodia?

  • Useful links
  • Official Angkor Pass/Ticket
    www.angkorenterprise.gov.kh
  • E-visa Cambodia
    www.evisa.gov.kh
  • Cambodia e-Arrival
    Android App | iOS App
  • Bakong Tourist Apps
    Android App | iOS App
  • Online Busienss Registration
    Business Registration System
  • Angkor Times
  • Write for Us
  • Contact Us
  • Privacy
  • Terms

© 2025 Angkor Times.
Powered by Angkor Times Team

Explore

  • Home
  • Business Guide
  • Living Guide
  • Tours Guide
  • Learn Khmer
  • Public Holidays
  • Emergency
  • Help