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Cambodia International Relations in Focus

Prime Minister Samdech Hun Sen's official vist to Japan


Samdech Hun Sen is welcomed by his Japanese counterpart Shinzo Abe, prior to a welcoming ceremony at the prime minister's official residence in central

Tokyo June 14, 2007.

Prime Minister Samdech Hun Sen and his Japanese counterpart Shinzo Abe bow to their respective national flags while reviewing an honor guard during a welcoming ceremony at Abe's official residence in Tokyo, 14 June 2007.


Cambodia and Japan signed a bilateral investment

Cambodia's Prime Minister Samdech Hun Sen talked with Japan's Emperor Akihito at the Imperial Palace in Tokyo.

Cambodia and Japan signed a bilateral investment pact to attract more capital from the world No. 2 economy to the Southeast Asian country. The pact was signed by Japanese Prime Minister Shinzo Abe and visiting Cambodian Prime Minister Samdech Hun Sen, during his three-day visit to Japan.

According to the pact, Japanese firms will be treated equally with local firms in terms of regulations and taxation. A bilateral joint statement released reads that "trade and investment are important for sustainable economic growth in Cambodia."

Japan will dispatch "a business mission composed of representatives from both the government and private sector" to Cambodia in July 2007 to discuss opportunities for economic cooperation.

On the international efforts to tackle global warming, Cambodia extended its support to Japan's recent proposal of cutting global greenhouse emissions by 50 percent by 2050 and expressed its willingness to cooperate with Japan over creating a post-Kyoto climate change framework.


Cambodia and Mayanmar Agreed On Tourist Air Links

Myanmar's Acting Prime Minister Lt-Gen Thein Sein walked with Cambodian Prime Minister Samdech Hun Sen during a welcoming ceremony in Naypyidaw, Myanmar.

The two nations are working to improve tourism links. Cambodia and Myanmar agreed to open direct flights between the two countries to draw in more international tourists. The direct flights



Cambodia Holds First Donor Meeting: Cambodia Development Cooperation Forum

It is the first time that the Cambodian government has assumed complete ownership and leadership in the conduct of this kind of high level meeting formerly known as the Consultative Group (CG) and more than 100 representatives from 16 donor countries, including Japan and the United States, and from seven international financial organizations such as the World Bank and the International Monetary Fund are participating.

The move to replace the CG meeting with the CDCF was initiated and agreed with the development cooperation partner community during the second half of 2006 with a firm commitment of the Cambodian government to own and lead the development processes and reforms while strengthening their partnership with all development partners.

Cambodian Finance Minister Keat Chhon at the foreign donors meeting in Phnom Penh


Cambodian Peacekeepers to Sudan

139 Cambodian demining soldiers left Cambodia to complete its demining mission in Sudan. This group of soldiers are sent to replace a previous contingent of 138 soldiers who just completed their one-year mission in East Sudan. The demining mission is Cambodia’s first participation in a UN peacekeeping mission.

 


Chevron Moves on Cambodian Oil and Gas Reserves

US oil giant Chevron will start oil and gas production in Cambodia in 2008. Chevron working site is now operational and the company plans to import new equipment for oil and gas production. Meanwhile, the Cambodian Natural Gas and Petroleum Agency has confirmed it imposes no control on Chevron's activities in Cambodia.

Chevron, together with LG from South Korea and a Japanese company, is allowed by the Cambodian government to invest and conduct exploration at its western seashore. At least 700 million barrels of crude oil are estimated to lie off the coast and the Cambodian government is now preparing an oil and gas management law in anticipation of oil and gas revenues.

   

 

 
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