Following on two other cooperation agreements signed recently, Cambodia and China have agreed to cooperate on e-commerce matters, as reported by the Khmer Times. The MOU, signed in Phnom Penh on November 10th, covers policy communication, capacity building, personnel training and joint research. With the Chinese e-commerce giant Alibaba recently bringing in over $25 billion in a single day, more than the annual GDP of Cambodia, China could certainly offer lessons and expertise for the country's development.
While the legal framework for much of online commerce is still lacking, this has not stopped a vibrant ecosystem of startups and established players entering the market. An E-Commerce law has been in draft form for a number of years now, and seemed to be about to become a reality late last year, but there has been no movement on the draft of late.