{"id":57275,"date":"2019-09-18T15:27:13","date_gmt":"2019-09-18T08:27:13","guid":{"rendered":"http:\/\/pressocm.gov.kh\/?p=57275"},"modified":"2019-09-26T15:28:13","modified_gmt":"2019-09-26T08:28:13","slug":"cambodia-chinas-consistent-strategic-roadmaps-help-economy","status":"publish","type":"post","link":"https:\/\/pressocm.gov.kh\/en\/archives\/57275","title":{"rendered":"Cambodia, China\u2019s Consistent Strategic Roadmaps Help Economy"},"content":{"rendered":"<p style=\"text-align: justify;\">Phnom Penh, September 18, 2019 \u2014Consistency between Cambodia\u2019s national strategic development roadmap and China\u2019s Belt and Road Initiative (BRI) does not trap the Kingdom\u2019s in foreign debts, but helps boosting its rapid economic growth.<a href=\"https:\/\/pressocm.gov.kh\/wp-content\/uploads\/2019\/09\/SH_3.jpg\"><img decoding=\"async\" class=\"aligncenter size-full wp-image-57229\" src=\"https:\/\/pressocm.gov.kh\/wp-content\/uploads\/2019\/09\/SH_3.jpg\" alt=\"\" width=\"800\" height=\"532\" srcset=\"https:\/\/pressocm.gov.kh\/wp-content\/uploads\/2019\/09\/SH_3.jpg 800w, https:\/\/pressocm.gov.kh\/wp-content\/uploads\/2019\/09\/SH_3-300x200.jpg 300w, https:\/\/pressocm.gov.kh\/wp-content\/uploads\/2019\/09\/SH_3-768x511.jpg 768w, https:\/\/pressocm.gov.kh\/wp-content\/uploads\/2019\/09\/SH_3-696x463.jpg 696w, https:\/\/pressocm.gov.kh\/wp-content\/uploads\/2019\/09\/SH_3-632x420.jpg 632w\" sizes=\"(max-width: 800px) 100vw, 800px\" \/><\/a><\/p>\n<p>This was a highlight by Cambodian Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen in an exclusive interview earlier with prominent Chinese media at his residence in Takhmao town of Kandal province, Cambodia.<\/p>\n<p>Samdech Techo Prime Minister unveiled similar priorities between the Rectangular Strategy of the Royal Government of Cambodia and the Belt and Road Initiative by China\u2019s President H.E. Xi Jinping, particularly in road infrastructure betterment.<\/p>\n<p>\u201cThanks to the consistency between the two strategies, Cambodia has received assistance from China to build around 3,000 kilometres of roads and long bridges crossing rivers, not only connecting areas within the country, but also linking it to its neighbours,\u201d he said.<\/p>\n<p>\u201cNational infrastructural integration and road connections with especially neighbouring countries are indispensable foundation for economic development, and Cambodia needs foreign assistance including those from China to do that.\u201d<\/p>\n<p>Samdech Techo Prime Minister expressed his dismay over allegation that Cambodia\u2019s support of China\u2019s Belt and Road Initiative will bring the Kingdom into debt trap of the Asia\u2019s giant.<\/p>\n<p>He explained that, \u201cCountries in the world have foreign debts. As long as we know well how to manage the external debts, we won\u2019t be trapped by the debts.\u201d<\/p>\n<p>\u201cTechnically, the allowed threshold of Cambodia\u2019s external debts is 40 percent [to gross domestic product], and by far we have just reached about 23 percent , while some countries are in 100, 200, or even 300 percent of foreign debt.\u201d<\/p>\n<p>Reaching the 60th anniversary of bilateral diplomatic ties last year with China, Cambodia \u2013 as affirmed by Samdech Techo Prime Minister \u2013 will continue boosting friendship toward mutual benefit and shared growth.<\/p>\n<p>\u201cBecause we have similar priorities, our partnership is lasting long. We have transformed our relationship from good neighbours and partners into comprehensive strategic partners, and President Xi Jinping called it Steel Friendship,\u201d Samdech Techo Hun Sen underscored.<\/p>\n<p>By Khan Sophirom<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Consistency between Cambodia\u2019s national strategic development roadmap and China\u2019s Belt and Road Initiative (BRI) does not trap the Kingdom\u2019s in foreign<\/p>\n","protected":false},"author":4,"featured_media":57229,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,10],"tags":[],"class_list":{"0":"post-57275","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-general-news","8":"category-news"},"acf":[],"_links":{"self":[{"href":"https:\/\/pressocm.gov.kh\/wp-json\/wp\/v2\/posts\/57275","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pressocm.gov.kh\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pressocm.gov.kh\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pressocm.gov.kh\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/pressocm.gov.kh\/wp-json\/wp\/v2\/comments?post=57275"}],"version-history":[{"count":1,"href":"https:\/\/pressocm.gov.kh\/wp-json\/wp\/v2\/posts\/57275\/revisions"}],"predecessor-version":[{"id":57276,"href":"https:\/\/pressocm.gov.kh\/wp-json\/wp\/v2\/posts\/57275\/revisions\/57276"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pressocm.gov.kh\/wp-json\/wp\/v2\/media\/57229"}],"wp:attachment":[{"href":"https:\/\/pressocm.gov.kh\/wp-json\/wp\/v2\/media?parent=57275"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pressocm.gov.kh\/wp-json\/wp\/v2\/categories?post=57275"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pressocm.gov.kh\/wp-json\/wp\/v2\/tags?post=57275"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}