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The agriculture sector emerged as a firm pillar of the economy last year, setting a series of new records despite global market downturn.

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The Embassy of Japan in Cambodia (EoJ), the Japan International Cooperation Agency (JICA) and Ministry of Public Works and Transport (MPWT) are examining possibilities of supporting various sectors including enhancing the development of the education system, technology, human resources development, navigation skills, modernisation curriculum and creating more trainers for future sustainability development of the Kingdom.

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Cambodia-China trade continued to rise in 2023 despite a slowdown in global demand, thanks to the Regional Comprehensive Economic Partnership (RCEP) agreement and the Cambodia-China Free Trade Agreement (CCFTA), a commerce official and experts said on Wednesday.

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The decision by the Customs Tariff Commission of the State Council of China to reduce tariff rates has been welcomed by all, setting the tone for a prosperous 2024 for South Africa's pride and joy

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China's thrust on new productivity boosters that can accelerate the development of "future industries "and technologies, and thereby promote modern industrial development, will help stabilize the country's industrial economy as well as economic growth this year, industry experts said on Thursday after reviewing the latest statements of a minister.

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Since Jan 1 of this year, China has begun implementing provisional import tax rates lower than the most-favored-nation rate on 1,010 types of goods from foreign countries, with zero tariffs on some of them. The new rates cover 143 types of agricultural and industrial products from Argentina. The South American country's media recently reported that China's move has greatly benefited Argentine dairy products, seafood, sweet corn and other items.

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The Indonesian Ministry of Maritime Affairs and Fisheries (KKP) has completed an agreement to reduce export tariff posts, from 9.6 percent to zero percent for four processed tuna commodities to Japan.

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The Mercantile Exchange of Vietnam (MXV), the only national centralised commodity trading market organiser in Vietnam, has said that it will focus on building specialised commodity trading floors in the coming time.

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This plan is a key priority for MXV during the 2023-2028 period, with the aim of developing the Vietnamese commodity trading market in accordance with international standards.

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Vietnam and Indonesia will strive to elevate their bilateral trade turnover to US$15 billion or beyond in the time ahead through reducing trade barriers and facilitating import and export of each other's key products, including rice trade.

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