Thursday, May 22, 2014

Customs agreement gets green light at NA

22 May 2014

The National Assembly approved changes to the country’s customs law yesterday, in order to comply with Association of Southeast Asian Nations integration standards.

The changes demand border operations increase human resources, reduce paperwork and modernize procedures in order to simplify border exchange and facilitate trade between member states. The approved amendments also include stricter terrorism and smuggling prevention clauses. It states that information can be directly exchanged at the border between ASEAN countries.

Cambodia signed on to the ASEAN agreement on customs in March 2012 and has been hurriedly introducing a raft of reforms since then, as regional economic integration in 2015 edges closer.

Source:
http://www.phnompenhpost.com/business/customs-agreement-gets-green-light-na

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