Customs broker licence fees waived till 2023

12 July 2021 – Customs broker licence fees waived till 2023 The largest sources of customs and excise revenue were vehicles and machinery (accounting for 43.5 per cent), petroleum and energy (22.8 per cent), construction materials and miscellaneous fees (6.3 per cent) and other products (27.4 per cent), according to the department. Hin Pisei The…

Goods able to clear customs without forms

04 July 2021 – Certain goods are now allowed to be cleared through customs prior to the completion of the applicable forms, which must be submitted no later than 90 days after receiving the merchandise or registration for customs declaration, whichever occurs first. This is according to a directive issued by the Ministry of Economy…

RCEP could be ratified on Jan 1: ministry

22 June 2021 – The Ministry of Commerce expects the Regional Comprehensive Economic Partnership (RCEP) agreement – signed by Cambodia and 14 other countries in November – to enter into force on January 1. Ratification of the trade deal is expected to open up more new markets as well as upgrade the Kingdom’s value chains…

GDCE rolls out new version of online system

20 June 2021 The General Department of Customs and Excise of Cambodia (GDCE) was due to launch version 4.3.3 of the online Automated System for Customs Data (Asycuda) on June 21, in an effort to modernise the platform and make the customs clearance process more convenient, fast and efficient, as well as to promote trade…

Viet Nam and Cambodia join hands to lift trade ties

8 May 2021 – Minister of Industry and Trade Nguyen Hong Dien held a working session with Cambodian Ambassador to Viet Nam Chay Navuth in Hani last Thursday to discuss measures to strengthen bilateral ties across trade, industry and energy. Dien expressed his belief that under the leadership of the Cambodian Government and with prevention…

Japan to assist in Cambodian customs clearance

15 January 2021 – The Japanese government will assist the Cambodian General Department of Customs and Excise of Cambodia (GDCE) in setting up an automated customs clearance system that will speed up cargo clearance time, alleviating the problem congestion problems that slow the clearance process. The GDCE held a meeting with representatives of the Japanese…

Cambodia adopts ASEAN service for customs clearance

28th December 2020 – Cambodian importers and exporters can now apply for ASEAN Customs Declaration Documents (ACDD) electronically through the ASEAN Single Window (ASW), the General Department of Customs and Excise of Cambodia (GDCE) said on December 24. The documents will be recognised by authorities of the 10 ASEAN member states, which brings the facilitation…

Six Asean countries implement Asean Customs Transit System for land movement of goods

2 November 2020 – BUSINESSES can look forward to time savings, cost reduction and better connectivity in moving goods by land across six South-east Asian countries under a single cross-border transit regime launched on Monday. The Asean Customs Transit System (ACTS) will be implemented in Cambodia, Laos, Malaysia, Singapore, Thailand and Vietnam, according to a…

S. Korea, Cambodia to hold 4th round of FTA talks

17 November 2020 – SEOUL, (Yonhap) — South Korea will hold the fourth round of free trade talks with Cambodia this week as part of efforts to diversify its export portfolio in Southeast Asia, the trade ministry said Tuesday. The three-day virtual meetings, slated to start Wednesday, will focus on general rules, origin of country,…