India and Cambodia reviewed trade and investment cooperation, focusing on market access, digital payments, investment opportunities and stronger economic connectivity across sectors.

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• The third India-Cambodia Joint Working Group on Trade and Investment meeting was held in Phnom Penh on August 24, 2026.
• Both countries discussed measures to diversify bilateral trade, expand investment opportunities and strengthen economic cooperation across emerging and traditional business sectors.
• Bilateral trade increased by more than 36% to US$406.78 million in FY 2025-26, compared with US$299 million in the previous financial year.
• Trade between India and Cambodia recorded 63.25% year-on-year growth during April-June 2026, highlighting stronger economic engagement between the two countries.
• Discussions covered traditional medicine, e-governance, Indian pharmacopoeia recognition, agriculture, market access, dyes, pigments, banking, insurance and trade information sharing.
• Both sides welcomed UPI acceptance at KHQR-enabled merchants in Phnom Penh and discussed allowing Cambodian payment applications to scan UPI QR codes in India.
• India and Cambodia reviewed progress on the Customs Cooperation MoU and welcomed developments towards completing the Bilateral Investment Treaty between both countries.
• Indian businesses discussed investment opportunities in education, healthcare, information technology, agriculture and tourism, along with a possible Invest in Cambodia roadshow.