Phnom Penh
Thursday, 17 June 2010
Cambodia has made less improvement in its trade environment than other countries that are competing for investors in the global marketplace, a new report has found.
The World Economic Forum’s 2010 trade index report found that Cambodia slipped to No. 102 of 126 countries, down nine places from the year before.
The index measures overseas ease of doing business, including market access, border administration, transport and telecommunications and the general business environment.
The World Economic Forum, based in Switzerland, did find that Cambodia had made improvements in market access, but it said the country faces major challenges in other aspects, including corruption in border administration—one of the highest rates in the world—and poor infrastructure and transportation.
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