Monday, September 19, 2016 (8 AM - 9:30 AM) // Central, Hong Kong
Opportunities in Cambodia on a Potential New Path
– Industry exploration with Ministers
Apparel & Footwear
Apparel & Footwear
8:00-9:30am. AmCham is pleased to host two senior Cambodian officials to breakfast – Minister of Commerce Sorasak Pan, Ph.D. , who will discuss the latest US-Cambodia trade matters, and the Secretary-General of the Council for the Development of Cambodia (CDC), Excellency Sok Chenda, will introduce the latest investment environment for overseas investors and upcoming changes in the investment law. - Duty-free export to the United States under new GSPs - Renewing foreign investment strategy with a 'niche” focus - Strategic location to a regional hub of textile and clothing manufacturing The Office of the U.S. Trade Representative (USTR) announced on 30 June 2016 a major expansion of trade preferences that stands to bring significant benefits to Cambodia. Under the new changes to the U.S.
Generalized System of Preferences (GSP), Cambodia and other Least Developed Beneficiary Developing Countries producing travel goods such as luggage, backpacks, handbags, and wallets will be able to export those products to the United States duty free. The GSP expansion will not only give Cambodia preferable access to the $10 billion U.S. import market in travel goods. It will also encourage further development of Cambodia’s textile industry into profitable new areas of production – i.e. focusing on a 'niche” area with the country’s unique national strengths and characteristics. First 15-20 minutes is for networking Light breakfast included The Delegation will be available to meet with members and investors after the event (9:30am - 11:00am). Hosted by the Apparel & Footwear Committee
The American Chamber of Commerce in HK 1904 Bank of America Tower 12 Harcourt Road Central, Hong Kong