Cambodia, South Korea To Deepen Cooperation in Different Fields

 Phnom Penh, March 15, 2019 –Public health, infrastructure and transportation, energy, education, ICT, trade and investment are the main topics of the bilateral talk between Cambodian Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen and President of the Republic of Korea (RoK) H.E. Moon Jae-in, at the Peace Palace in Phnom Penh.

Speaking at the joint press conference held at around noon, Samdech Techo Hun Sen said H.E. Moon Jae-in’s state visit is a historical event of the Cambodia-South Korea relations, and highlighted that the two countries will further boost and deepen their cooperation, both in the bilateral and multilateral frameworks.

For the bilateral meeting, Samdech Techo Hun Sen said he and H.E. Moon Jae-in had in-depth discussions on future cooperation.

“We noted and highly appreciated the progress of cooperation in many fields including trade, investment, agriculture, finance, tourism industry, and education. We agreed to push forward the efforts to expand the bilateral trade volume by opening more markets for Cambodian products, especially agricultural products. In order to promote investment cooperation, we highlighted the importance of boosting the campaign to improve business environment in Cambodia, which will help ensuring the success of industrial development and diversification of Cambodia’s economy and bring about mutual benefits for the two countries,” underlined the Cambodian Premier at the press conference.

Besides, both leaders exchanged views on the relations between ASEAN and South Korea, Mekong and South Korea, the Korean Peninsula issue as well as other issues of common interest.

At the same time, Samdech Techo Hun Sen expressed his support and congratulations to RoK on its hosting of the first-ever RoK-Mekong Summit along with the 30th Anniversary of ASEAN-RoK Dialogue Relations.

For his part, H.E. Moon Jae-in laid stress on South Korea’s commitment to further enhance the cooperation with Cambodia under the New Southern Policy.

The South Korean President also shared his note on the progress of cooperation and the people movement between the two nations.

Currently, Cambodia attracted 212 projects invested by South Korean businessmen with a total investment capital of US$4.56 billion. The two-way trade reached US$975 million last year, a year-on-year increase of 11 percent. In addition, more than 300,000 Korean visitors recorded in Cambodia in 2018.

By Khan Sophirom