RCEP, CCFTA give boost to e-commerce development in Cambodia

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RCEP, CCFTA give boost to e-commerce development in Cambodia

STORY: RCEP, CCFTA give boost to e-commerce development in Cambodia DATELINE: July 12, 2022 LENGTH: 00:01:45 LOCATION: Phnom Penh CATEGORY: ECONOMY SHOTLIST: 1. various of Sihanoukville Autonomous Port 2. various of a dry port in Phnom Penh 3. various of the Smile Shop in Phnom Penh 4. SOUNDBITE (English): JACK LEE, Chief Executive Officer and Co-Founder of online market Smile Shop 5. various of unloading cargos from a plane and cargo warehouse at Phnom Penh International Airport STORYLINE: Business insiders said the Regional Comprehensive Economic Partnership (RCEP) trade pact and the Cambodia-China Free Trade Agreement (CCFTA) have given a boost to the development of the fledgling e-commerce industry in Cambodia. According to the Ministry of Commerce, Cambodia's market value of e-commerce had surged to 970 million U.S. dollars in 2021, up 19 percent from 813 million dollars in 2020. Ministry of Commerce's undersecretary of state and spokesman Penn Sovicheat said the e-commerce sector has boomed in the

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