Samdech Akka Moha Ponhea Chakrei Heng Samrin, President of the National Assembly of Cambodia, and H.E. Pham Minh Chinh, Prime Minister of the Socialist Republic of Vietnam expressed their satisfaction of the stable development of the two countries’ ties during their meeting in Hanoi on Sept. 13.
According to Vietnam News Agency, the two sides noted that leaders of Vietnam and Cambodia have maintained frequent meetings and discussions while bilateral cooperation mechanisms have continued to prove effective, helping sustain cooperation momentum in various fields.
Notably, despite the COVID-19 pandemic’s impacts over the last two years, economic partnership has generated encouraging outcomes. Bilateral trade approximated US$10 billion in 2021 and surpassed US$7 billion USD in the first seven months of 2022, up 17.8 percent year on year. Vietnam currently has 188 valid investment projects worth US$2.8 billion in Cambodia, ranking first among members of the Association of Southeast Asian Nations (ASEAN) and fifth among all foreign direct investors in there.
Both sides highly valued the coordination to successfully organise many meaningful activities in the Vietnam – Cambodia Friendship Year 2022, especially the June 20 ceremony chaired by the two PMs marking 45 years since the start of Samdech Techo Hun Sen’s journey to topple the Pol Pot genocidal regime and the celebration of the 55th anniversary of the countries’ diplomatic ties on June 24.
They agreed to maintain frequent high-level meetings via all channels to unceasingly promote the trustworthy political relationship. Meanwhile, legislative and executive bodies of Vietnam and Cambodia will continue bringing into play their role in fostering bilateral relations, particularly in creating favourable legal corridors for all-faceted cooperation, and monitoring and promoting ministries, sectors, localities, and businesses’ implementation of signed agreements.
The two sides also agreed to work together to effectively carry out the deals and plans on defence – security cooperation, prevent cross-border crimes, and conduct border demarcation and marker planting on the remaining 16 percent of their borderline so as to build a land border of peace, friendship, cooperation, and development.
They underscored the importance of enhancing economic connectivity, especially in transport, telecommunications, and finance – banking, to create a new impulse for partnerships in other spheres like trade, investment, energy, tourism, education – training, and locality-to-locality ties.
Source: Agency Kampuchea Press