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Cambodia Pins Economic Hopes on AEC

Cambodians are expecting a 'seamless transition' when the ASEAN Economic Community (AEC) is launched in two months and hopefully heralds a second investment wave, capable of transforming this country's pool of unskilled labor into a manufacturing hub. The first investment wave followed Cambodia's ascension to the World Trade Organization (WTO) in 2004 and gave this country's hopelessly war ­torn and almost nonexistent economy a lift with the garment and tourism...

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