Phnom Penh: H.E. Sun Chanthol, Deputy Prime Minister and First Vice President of the Council for the Development of Cambodia (CDC), met today with a delegation from the U.S.-China Economic and Security Review Commission (USCC) during the latter’s official visit to the Kingdom of Cambodia.
According to Agence Kampuchea Presse, the USCC delegation, led by Chairwoman Ms. Reva Price, paid a courtesy call on H.E. Sun Chanthol to discuss bilateral cooperation and regional economic dynamics. During the meeting, H.E. Sun Chanthol briefed the delegation on the CDC’s mission and strategic vision, outlining its role in facilitating investment and development in Cambodia. He emphasized the Kingdom’s favorable investment climate, detailing the CDC’s efforts to attract international investors and promote economic growth.
H.E. Sun Chanthol also highlighted Cambodia’s proactive engagement with the United States in trade and investment matters, referencing two recent virtual meetings held with the United States Trade Representative (USTR) aimed at enhancing economic cooperation. The USCC delegation shared insights into their agency’s mandate as an independent body reporting to the U.S. Congress on national security implications of trade and economic relations between the United States and the People’s Republic of China. They commended Cambodia’s swift economic and social development.
A key issue raised during the discussion was the transshipment of goods and concerns about origin fraud in exports to the U.S. market. In response, H.E. Sun Chanthol reaffirmed the Royal Government of Cambodia’s commitment to enforcing transparent and rigorous procedures to prevent such practices. He cited the issuance of two major regulatory frameworks: the Inter-Ministerial Declaration on Measures for Preventing and Curbing Origin Fraud and the Ministry of Commerce’s Declaration on Procedures for Applying for and Issuing Certificates of Origin. These measures, he noted, underscore Cambodia’s determination to ensure compliance and strengthen trade integrity with the U.S.
The meeting reflected a strong and constructive partnership between Cambodia and the United States, grounded in mutual commitment to economic transparency and regional stability.