In the presence of Donald Trump, the leaders of Cambodia and Thailand signed an expanded ceasefire agreement. The ceremony took place in Kuala Lumpur as part of the US president’s tour of Asia.
In addition to the peace treaty, Washington concluded a number of economic agreements. Trade pacts were signed with Cambodia and Thailand, as well as contracts for the supply of strategically important minerals. From now on, reduced tariffs will apply to all three countries (Cambodia, Thailand, and Malaysia): 19% instead of the previous 49%. This opens new opportunities for American companies in the rare earth metals, high-technology manufacturing, and energy industries.
Trump will be visiting the summit of the ASEAN within the next few days, followed by a visit to Japan and South Korea. The highlight of the trip will be a meeting with Chinese leader Xi Jinping, where they are expected to discuss the balance of power in the region and further steps in the areas of security and trade.
As a reminder, the conflict between Cambodia and Thailand broke out at the end of July 2025 in the border area. The reason was an incident that resulted in the deaths of two Thai soldiers. On July 26, Trump announced that he had personally held talks with the Cambodian prime minister and the acting head of the Thai government, after which the parties expressed their readiness for an immediate ceasefire. On July 28, with the mediation of Malaysian Prime Minister Anwar Ibrahim, the first version of the agreement was reached, and now it has been expanded and legally enshrined.
