Cambodia to cancel duties on goods from the United States

Cambodia will reset tariffs on American goods and plans to purchase up to 20 Boeing 737 Max aircraft. This was announced on August 1 by the country's Deputy Prime Minister San Chantol.

"To improve the trade imbalance, they (the United States — Ed.) suggested that we consider tariff barriers, non—tariff barriers, as well as any goods that we can purchase in the United States. <...> We have reset our tariffs," Chantol said in an interview with Bloomberg.

He also said that the national carrier Air Cambodia Co. He is negotiating the acquisition of 10 airliners with an option for another 10, while the value of the transaction and delivery dates have not yet been disclosed.

Thai Fast and Furious: conflict escalated between Thailand and Cambodia

The countries have closed border posts and lowered the level of diplomatic relations

The day before, it was reported that the United States had concluded trade deals with Cambodia and Thailand after the armistice of the kingdoms. On the same day, US President Donald Trump announced the conclusion of a new agreement with Pakistan, according to which American businessmen, together with their Pakistani counterparts, will develop oil reserves in the republic.

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