Feasibility Study of the Free Trade Agreement between the Kingdom of Cambodia and the Eurasian Economic Union

ABSTRACT: Cambodia has been exploring a free trade agreement (FTA) with the EAEU to expand market access to Eastern Europe. The EAEU is a common market comprised of five nations (Armenia, Belarus, Kazakhstan, Kyrgyzstan, and Russia), 176 million people, and a gross domestic product of US$2.5 trillion.

The study examines the key impacts of a Cambodia– EAEU FTA on the Cambodian economy and the ASEAN region in terms of trade, investment, welfare, and the growth impact on the domestic and regional economy, providing a quantitative and qualitative assessment of the impacts of the proposed FTA between Cambodia and the EAEU on Cambodia.


The feasibility study examines:

  • the EAEU’s current FTAs and provides an update on recent developments in the Singapore–EAEU FTA negotiations and the Viet Nam–EAEU FTA (VN–EAEU FTA);
  • documents the trade and investment related issues of the border and behind-the-border issues affecting trade and foreign investment between Cambodia and the EAEU.
  • identifies key sectors that will be affected by the Cambodia–EAEU FTA. The study focuses on several key sectors in particular: (a) energy, (b) manufacturing (garment and textiles), (c) agriculture, (d) tourism, (e) aviation, (f) telecommunications, and (g) logistics.
  • identifies key policy challenges and makes recommendations to inform policymakers how to maximise the benefits from the FTA negotiations.

Published in November 2019. 286 pages, 5.54mb.

Edited by: Professor Shandre Thangavelu, Vice-President, Jeffrey Cheah Institute on Southast Asia; and his team
Supported by: Ministry of Commerce and Ministry of Economy and Finance Kingdom of Cambodia
Prepared by: Economic Research Institute for ASEAN and East Asia