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Monday, May 11, 2009

Cambodia, S Korea to sign bilateral co-op agreements

PHNOM PENH, Cambodian and South Korean governments will sign six agreements during the official visit of Cambodian Prime Minister Hun Sen to the South Korea in late May, national media said on Monday.

The six agreements will include grant to Cambodia, loans for Cambodia's road rehabilitation, waste water treatment, Siem Reap River's development and cooperation in the fields of construction, energy, mines and communications, according to Cambodia's state-run news agency AKP (the Agence Kampuchea Presse).

Premier Hun Sen will also attend the ASEAN-Korea Commemorative Summit and make a speech on the occasion during his stay in South Korea.

According to Lee Youn-joon, South Korean deputy minister of foreign affairs, the South Korean foreign minister will visit Cambodia in July, while the South-Korean president will pay a state visit to the country in October.

South Korea became the largest foreign investing country in Cambodia in 2007, according to official statistics.

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