S Korean President to visit Cambodia next week

South Korean President Lee Myung-bak will pay a two-day state visit to Cambodia next week at the invitation of Cambodian Prime Minister Hun Sen, according to a statement released Wednesday by Cambodia's Foreign Ministry.

The statement said Lee will arrive in Cambodia on Oct. 22-23 and will be received in the Royal Audience by His Majesty King Norodom Sihamoni and will also receive courtesy calls by Chea Sim, president of the Senate and Heng Samrin, president of the National Assembly.

Lee Myung-bak is scheduled to hold bilateral talk with Hun Sen and will witness the signing of two agreements by Cambodia's Deputy Prime Minister and Minister of Foreign Affairs Hor Namhong and his counterpart Yu Myung-hwan, minister of foreign affairs and trade of the Republic of Korea.

The two agreements are on extradition and framework arrangement concerning loans from the Economic Development Cooperation Fund (EDCF) for 2009-2012.

Also, during the visit, five other documents are expected to be singed: agreement on cooperation between the Korean Chamber of Commerce and Industry and the Cambodian Chamber of Commerce; agreement on co-production of broadcasting programs; MOU on cooperation for the field of mineral sector; MOU on cooperation for joint mineral exploration and MOU concerning the cooperation on investment in forest plantation and climate change.

At a round-table discussion organized Wednesday by Club of Cambodian Journalists, Lee Kyung-soo, South Korean ambassador to Cambodia told reporters that Republic of Korea has considered Cambodia as one of the main dialogue partners and one of the recipient countries of South Korean grants and loans in the form of ODA.

He said since Cambodia has tied diplomatic relation with South Korea in 1997, many forms of bilateral cooperation have been achieved including the investment, culture, economic and tourism.

Lee Myung-bak is expected to depart Tuesday for Vietnam, where he will meet with the country's President Nguyen Minh Triet and Prime Minister Nguyen Tan Dung.

And after Cambodia, Lee will also attend the annual East Asia Summit to be held in Hua Hin, Thailand, back-to-back sessions of the 15th ASEAN Summit set on Oct. 23-25.

Source:Xinhua