Trade and Economic Cooperation Between Russia and Cambodia: Trends and Prospects

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Abstract

The article presents a comprehensive analysis of trade and economic cooperation between Russia and Cambodia in the context of modern global transformations, including the restructuring of international supply chains, sanctions pressure on Russia and the strengthening of the role of ASEAN. The relevance of the study is highlighted by Cambodia's desire to diversify economic ties and the country's potential as a partner of Russia. The purpose of the work is to identify trends, potential and structural limitations of bilateral cooperation. Special attention is paid to new growth drivers, including negotiations on a free trade agreement (FTA) with the Eurasian Economic Union, the expansion of supplies of Cambodian agricultural products (mango, rice, pepper) to the Russian market, as well as prospects for cooperation in energy and infrastructure projects. The key findings indicate a positive trend in trade, however, its volume remains insignificant against the background of Cambodia's large-scale cooperation with China. Development prospects are associated with the implementation of the FTA, niche specialization in agricultural exports, tourism and digitalization, as well as strategic projects such as the creation of "smart" agricultural clusters.

About the authors

Panha Pichkhun

Embassy of the Kingdom of Cambodia

Email: panhapk@yahoo.com
ORCID iD: 0009-0005-0848-9722
Ambassador Extraordinary and Plenipotentiary of the Kingdom of Cambodia to Russia Moscow, Russia

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