Politics

Vietnam-Cambodia relations grow in all fields: Ambassador

The fine political relation between Vietnam and Cambodia has created a firm foundation for the strong and comprehensive development of bilateral cooperation, Vietnamese Ambassador Thach Du affirmed.
Vietnam-Cambodia relations grow in all fields: Ambassador ảnh 1Vietnamese Ambassador to Cambodia Thach Du (Source: VNA)
Phnom Penh (VNA) – The fine political relationbetween Vietnam and Cambodia has created a firm foundation for the strong andcomprehensive development of bilateral cooperation, Vietnamese Ambassador toCambodia Thach Du affirmed in an interview to Cambodia’s Rasmei Kampucheanewspaper.

The daily, Cambodia’s largest Khmer newspaper, published theinterview on its front page on June 24 on the occasion of the 50th anniversary of the two countries’ diplomatic ties.

Ambassador Du said that in recent years, the two countrieshave maintained the regular exchange of all-level delegations, in which theirsenior leaders have confirmed their determination to work together to nurturethe time-honoured friendship, solidarity and cooperation.

Regarding border-related issues, he affirmed that with jointefforts, Vietnam and Cambodia have to date completed 84 percent of the workunder the agreement on land border demarcation and border marker planting.

The two countries are striving to early fulfil this task inorder to turn their shared border into a border line of peace, friendship,cooperation and sustainable development.

In terms of trade, the diplomat highlighted that tradebetween Vietnam and Cambodia reached nearly 3 billion USD in 2016.

To achieve the mutual target of 5 billion USD in bilateraltrade as early as possible, the two countries’ agencies and businesscommunities should step up marketing activities and trade promotion programmes whileimplementing relevant agreements and initiatives to facilitate operations ofboth sides’ enterprises.

In the investment field, Vietnam is running nearly 190projects worth about 2.9 billion USD in numerous fields in Cambodia, rankingamong the top five largest investors in the country.

Together with trade and tourism, Vietnamese investment hascontributed to Cambodia’s economic development as well as its poverty reductionand social welfare improvement.

To attract more investment from Vietnam and other countries,Ambassador Du suggested the Cambodia Government, especially the Council for theDevelopment of Cambodia (CDC), intensify investment promotion activities, makea list of priority projects calling for foreign investment, and have more preferentialpolicies.

It is also necessary to strengthen collaboration between thetwo countries’ agencies in order to create a more stable and transparentinvestment environment, he added.-VNA
VNA
#Ambassador Thach Du #Cambodia #Vietnam #fine political relation #firm foundation #bilateral cooperation #interview #Rasmei Kampuchea #50th anniversary #diplomatic ties #Vietnamplus #Vietnam News Cambodia Vietnam
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