India–Cambodia hold 3rd Joint Working Group on Trade and Investment in Phnom Penh
India and Cambodia held the third meeting of their Joint Working Group on Trade and Investment in Phnom Penh on 24 August 2026, as bilateral trade grew over 36% to USD 406.78 million in 2025-26.
Summary
The third meeting of the India–Cambodia Joint Working Group on Trade and Investment (JWGTI) was held in Phnom Penh on 24 August 2026, co-chaired by Joint Secretary Amit Verma of India's Department of Commerce and Long Kemvichet, Cambodia's Director General of International Trade. Both sides noted that bilateral trade grew by over 36% to USD 406.78 million in 2025-26 from USD 299 million a year earlier. Cambodia is India's 8th largest trading partner in ASEAN, with 0.31% of India's trade with the bloc. The meeting welcomed the launch of UPI acceptance at KHQR-enabled merchants in Phnom Penh on 2 June 2026 and discussed letting Cambodian apps scan UPI QR codes in India.
Key facts
- Meeting
- 3rd India–Cambodia JWGTI, 24 Aug 2026, Phnom Penh
- Co-chairs
- Amit Verma (India); Long Kemvichet (Cambodia)
- Trade 2025-26
- USD 406.78 million, up over 36%
- Previous year
- USD 299 million
- Rank
- Cambodia is India's 8th largest ASEAN trading partner
- Payments
- UPI accepted at KHQR merchants in Phnom Penh since 2 June 2026
Practice MCQs 2 questions
As noted at the 3rd India–Cambodia JWGTI in August 2026, what was India–Cambodia bilateral trade in 2025-26?
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Correct answer: A — USD 406.78 million
Trade grew by over 36% to USD 406.78 million in 2025-26, up from USD 299 million in the previous year.
Consider the following statements about India–Cambodia economic ties as of August 2026: 1. Cambodia is India's 8th largest trading partner in ASEAN. 2. UPI acceptance at KHQR-enabled merchants in Phnom Penh was launched in June 2026. Which of the above is/are correct?
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Correct answer: C — Both 1 and 2
Both are correct. Cambodia accounts for 0.31% of India's trade with ASEAN, and UPI acceptance at KHQR merchants in Phnom Penh began on 2 June 2026.