ADB Convenes Cambodia’s First Commercial Courts Symposium
On 29 November, ADB and the Ministry of Justice held Cambodia’s first-ever Commercial Courts Symposium on operationalizing effective and efficient commercial courts, as part of overall support under CARM's Trade and Competitiveness Program and OGC's Law and Policy Reform Program. The Symposium convened over 120 senior government officials, judges, business leaders and international experts to exchange knowledge about experiences and lessons learned in developing commercial courts around the world. H.E. Chiv Songhak, Secretary of State at the Ministry of Justice remarked on the increase of domestic and international commercial disputes and the need for a specialized commercial court that can handle these disputes quickly, expertly and fairly. In her welcome remarks, CARM CD Jyotsana Varma underlined the importance of a clear, reasonable, and accessible judicial system to attract long-term high-quality investment, and knowledgeable and experienced commercial judges which are an irreplaceable part of a well-functioning economy.
Full article on the Phnom Penh Post.
ADB urges commercial court system that inspires investment | Phnom Penh Post