A week after Britain to exit the European Union amid concerns about globalization, parallels are being drawn to American voter sentiment during an increasingly contentious presidential campaign. VOA Khmer's Phy Sopheada narrates.
The ICT industry has grown significantly and is estimated to be worth about $800 million at present, employing some 30,000 IT professionals.
Cambodia exports more than $5 billion annually to its two major textile export markets, the US and EU.
Bilateral trade between Cambodia and Britain rose from over $930 million in 2014 to about $1 billion in 2015, an increase of 22.77 percent, according to the British Embassy.
Over the years numerous campaigns have sought to preserve the White Building, which was an architectural icon when it was built in the 1960s.
The Global Entrepreneurship Summit 2016 will be hosted by Barack Obama and will see “more than 700 entrepreneurs from over 170 countries” participating.
The law gives the Ministry of Labor excessive control over union operations, allowing the ministry to audit a union’s finances and international financial support.
However, in order to qualify for membership, the US official said Cambodia needed to demonstrate a level of openness that comes with the trade deal.
Among the individuals named is Cambodian Justice Minister Ang Vong Vathana.
The first round of talks will take place in August 2017, according to a statement from the Ministry of Labor, followed by further discussions in September of that year.
The Bank announced on May 19 it would issue $130 million in new loans to Cambodia to fund poverty reduction projects.
The statement came just days after Cambodian garment workers gathered to express their concerns over stagnated wages, forced overtime and low standards of living.