Report by Cambodia

Cambodia has been classified by the United Nations as a least developed country (LDC). Its population is growing rapidly, and reached roughly 15 million in 2016, 77% of which live in rural areas, while 13.5% live below the poverty line. Cambodia maintains an open economy, and depends heavily on exports as a source of growth of gross domestic product (GDP) and employment. International trade and related investment are thus central to the Government’s efforts to raise the incomes and welfare of Cambodians. The international trading regime managed by the World Trade Organization (WTO), regional trading arrangements centered on the Association of Southeast Asian Nations (ASEAN), and the various generalized system of preferences (GSP) programs of WTO members, shape the external environment in which Cambodia pursues its development objectives.