The UAE-Cambodia CEPA was signed on June 8, 2023 and entered into force on January 31, 2024. As a result of the agreement, businesses can now take advantage of an array of   benefits. These include:

• Market Expansion: The UAE-Cambodia CEPA unlocks vast opportunities for market expansion, covering an extensive array of over 92% of tariff lines, and providing UAE businesses with privileged access to Cambodia's thriving and diverse consumer base.

• Investment Opportunities: The agreement encourages bilateral investments by offering a conducive environment for UAE investors in Cambodia and vice versa, promoting economic growth, job creation, and technological advancements.

• Support for SMEs: The UAE-Cambodia CEPA includes provisions to support Small and Medium-sized Enterprises (SMEs), offering them a platform to expand their reach, access new markets, and contribute significantly to the economic growth of both nations.

• Boost to Service Sector: With a focus on the service sector, the agreement enhances market access for UAE service providers in Cambodia, facilitating collaboration in areas such as finance, healthcare, education, and other service-oriented industries.

• Streamlined Customs Procedures: Businesses benefit from simplified and expedited customs procedures.