China and Cambodia inked a total of 16 deals worth 6.4 billion USD in numeours areas, ranging from infrastructure construction to energy exploration, in Cambodian capital city of Phnom Penh on November 4.
According to the Chinese News Agency (Xinhua), the agreements were signed after the hour-long talks between the Chinese Chairman of the Standing Committee of the National People’s Congress (NPC) Wu Bangguo and Cambodian Prime Minister Hun Sen.
The package of deals cover such key areas of bilateral cooperation as infrastructure construction, water resources development, telecommunication technology and energy exploration among others.
In earlier talks, the two sides agreed on the need to step up cooperation between China and the Association of Southeast Asian Nations (ASEAN) and East Asia .
Chairman Wu underlined China’s commitment to developing ties with Cambodia.
He proposed the two countries deepen agriculture cooperation, encouraging Chinese businesses to expand agricultural products trade with Cambodia and play a bigger part in transportation, electricity and telecommunications construction in Cambodia.
Chaiman Wu is also scheduled to meet with Cambodian King Norodom Sihamoni and legislative leaders on November 5.
Cambodia is the first leg of Chairman Wu's three-nation visit to Southeast Asia, which will also take him to Indonesia and Thailand./.
