Cambodia and China sign MOU on e-commerce

Cambodia and China signed a memorandum of understanding (MOU) last Friday, under which China will provide technical assistance to help boost the Kingdom’s e-commerce sector. The agreement arrives at a critical moment for the sector as Cambodia’s long awaited e-commerce law is expected to be passed and come into effect next year, according to a representative of the Ministry of Commerce (MOC). Sok Sopheak, an under-secretary of state of the MOC, said the MOU is important to provide capacity building on e-commerce, empowering the regulator to be able to control the development of the sector. He added that some of major players, including Alibaba, have already expressed an interest in the Cambodian market. (Source: Khmer Times)