China - Cambodia Free Trade Agreement

Country / jurisdiction: Cambodia · Year: 2022 · Status: In force · Level: National · Type: Voluntary

The Free Trade Agreement between Cambodia and China entered into force in January 2022. Chinese tariffs on Cambodian imports are eliminated for 97.53% of Cambodia's traded items, while Cambodian import tariffs are eliminated for 90% of Chinese traded items.

On the Chinese side,

Tariffs for Motor cars and other motor vehicles (formerly at 25%) are eliminated over 20 years

Tariffs for Heat pumps of compression type units (formerly at 10%) are eliminated over 20 years

Nickel oxides and hydroxides, as well as carbonates and lithium carbonate imports, will keep on being exempted from tariffs

On the Cambodian side,

Nickel oxides and hydroxides , as well as carbonates and lithium carbonate imports,will keep on being exempted from tariffs

Tariff for Electric and lithium-ion accumulators  (formerly at 15%) are eliminated over 20 years

Rules of origin apply to determine application of the preferential tariff treatment.

For certain vehicles,  40% minimum regional value content, as calculated under Article 3.5 on the Calculation of Regional Value Content, is required.

For diodes, transistors and semiconductor devices; photosensitive semiconductor devices, including photovoltaic cells whether or not assembled in modules or made up into panels; light-emitting diodes (LED); mounted piezo-electric crystals: a 40% minimum regional value content  is required.

Official source: http://fta.mofcom.gov.cn/article/chinacambodia/chinacambodiaxwfb/202111/46238_1.html