Vongsey Vissoth, Secretary of State at the Ministry of Economy and Finance in Cambodia has urged the state to exploit most of the recent tax reform in the US and its ongoing trade dispute with China. The US recently extended its GSP programme which grants Cambodian companies access to duty-free privileges when exporting to the US.

The ongoing US-China trade dispute also offers an exciting opportunity to increase exports to the US, the biggest market for Cambodian garment and footwear products. As barriers to export to the US increase in China, investors from the US will turn to other countries to invest and set up factories from which they can import. The ministry urged Cambodia to take advantage of this situation.