Both sides noted the encouraging momentum in bilateral trade, which grew by over 36% to reach USD 406.78 million in 2025-26, up from USD 299 million in the previous financial year, with the April-June 2026 quarter recording a further 63.25% year-on-year growth.
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Third Meeting of India-Cambodia Joint Working Group on Trade and Investment (JWGTI) Held in Phnom Penh, Cambodia
The Third Meeting of the India-Cambodia Joint Working Group on Trade and Investment (JWGTI) was held on 24 August 2026 in Phnom Penh, Cambodia. The meeting was co-chaired by Shri Amit Verma, Joint Secretary, Department of Commerce, Ministry of Commerce and Industry, India, and Mr. Long Kemvichet, Director General of International Trade, Ministry of Commerce, Cambodia.
Source: Press Information Bureau (official). The summary and key points are quoted from that release; no AI is used. Check the source for the full text.
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Cambodia is currently India's 8th largest trading partner in ASEAN, accounting for 0.31% of India's total trade with the bloc, reflecting significant headroom for growth.
The meeting also welcomed the successful launch of UPI acceptance at KHQR-enabled merchants in Phnom Penh on 2 June 2026, and discussed the next phase of enabling Cambodian payment applications to scan UPI QR codes in India, which would allow Cambodian travellers to use UPI-enabled terminals in India seamlessly.
The next meeting of the JWGTI will be held in India in 2027.
Discussions focused on accelerating bilateral trade agreement discussions, facilitating Indian investment in Cambodia, and identifying 5–7 priority sectors including education, healthcare, IT, agriculture and tourism.
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