Tax & Transfer Pricing
May 07 2025

Cambodia should embrace AANZFTA Upgrade: Unlocking Prosperity Across ASEAN, Australia, and New Zealand

On 21 April 2025, the Second Protocol upgrading the ASEAN-Australia-New Zealand Free Trade Area (AANZFTA) agreement came into effect, directly advancing the economic integration efforts among ASEAN, Australia, and New Zealand. This landmark agreement enhances business opportunities in a free trade zone that spans over 703 million people, with a combined GDP exceeding US$5.6 trillion. For Cambodia, this presents a chance to diversify its export markets, amplify its economic ambitions and strengthen its role in ASEAN’s growth story.

DFDL has identified six key focus areas that highlight Cambodia’s strategic opportunities under the upgraded AANZFTA:

  • Building Cambodia’s Economic Bridge
  • Strengthening Supply Chain Resilience
  • Empowering Cambodian MSMEs
  • Advancing Digital Connectivity
  • Promoting Sustainability and Green Economy
  • The Road Ahead

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