Thursday, June 11, 2009

Cambodia asked America to cancel $300 million debts


MP Cheam Yeap (L) and MP Sik Bun Hok (R).

Source: Khmer Sthapana newspaper
Reported in English by Khmerization

A delegation of the Cambodian members of parliament has asked the U.S government to forfeit $300 million of debts that Cambodia owed since the early 1970s, reports Khmer Sthapana.

A delegation led by Mr. Cheam Yeap, an MP from the ruling Cambodian People's Party, visited America from 30th May t0 8th June and has asked the officials from the U.S State Department to cancel the debts which were owed by the Lon Nol regime since 1972. The U.S officials have told them that the request will be passed on to Secretary of State Hillary Clinton for consideration.

Mr. Cheam Yeap said that the original debt was $160 million but due to compounded interests for the last 37 years, the debts have doubled to $300 million.

During the 1980s, under the Heng Samrin regime, Cambodia had borrowed about $1,000 million from Russia. Cambodia had already asked Russia to cancel that debt, but so far has not received an answer from the Russian government yet.

Cambodia was said to be heavily in debted to China as the Khmer Rouge regime was said to have borrowed heavily from the Chinese government during their 3 year-rule in the 1970s.

27 comments:

Anonymous said...

now Ah Hun sen turn ... this dog will make Khmer people owe the world an other 100 trillion more , and all the money will go to this ass hole bank account.

Anonymous said...

អាមួយឈ្មោះជៀម​​យៀបនេះវាជាយួនមួយរយភាគរយ។

Anonymous said...

I am really agreed with 8:35PM, these two totally look like YOUN.

Oh My, almost everyone in HUN SEN administration are YOUN.

KhmerJeayden,

Anonymous said...

Those money borrowed from US were used to bombed Cambodia at that time and helped set up Khmer rouge regime. Oh my.... I could not believe that i have to pay back including interests the money that were used to destroy my beloved country and almost erase is identity.
Buddha bless Cambodia and Cambodian

Anonymous said...

Those money were used to fight yuons invaders that sihanouk invited them in the country ,and also to stop the khmer rouge from taking over.

Anonymous said...

All of these idiot says that the country is improving way much better under ah stupid Hun Sen. Why can't you pay that debt? and on top of that keep asking for more loan from out side and keep saying that the country is developing. Developing under heavy debt that is more appropriate way to say its.

Anonymous said...

ពួកវាក្នុងគណបក្យប្រជាជនបានជព្ជក់លុយរបរយលា
នដុល្លា។តើលុយនោះទៅណា?
ហេតុអ្វីបានជារដ្ឋសភាម្នាក់ៗរបស់គណបក្យប្រជាជន
មានលុយរបលាន?
ពីខ្ញុំខ្មែរដើម្បីខ្មែរ។

Anonymous said...

Eik Uddom Bandit Rotsaphear Cheam Yeap was rights on that debts which were owed by Lon Nol Regime and they were the enemy of our party, why should we have to pay the war debts for the loser?

Anonymous said...

Does Hanoi has to pay the debts owed to the US by the former South Vietnam Republic?

Anonymous said...

Cambodia should sue Hanoi and US for the invasion and destroyed Cambodia and Cambodian.
Sue for 100 Trillion Dollars. for the us and 200 Trillion Dollars for hanoi and 50 Trillion Dollars from thailand.

son of farmer said...

I simply think, therefore I believe that the past owing American money is not primarily concerned for the Khmer people and the next generation of her children, because American was offically lost the war. Otherwise, our primary concern is who will be inevitably paid the additional new debts of Russia, China, South Korea, India, Australia... and more, in which the CPP's regime keeps continuing to borrow money from these countries?

Anonymous said...

10:26 PM , Heng Samrin owed 100million to Russia , CPP have to pay that too cuz you get those money and give it to Youn , and stop borrow more money

Anonymous said...

All we know is Ah Sen Mee Rany and all their crookS such as Ah Sok An, Ah Sok Ach owe to Khmer people over 1 billion dollars for their decade of stolen monies!

Anonymous said...

1050PH are you sure, with you PhD?

Anonymous said...

10:06Pm why you stupid head border to ask???????

Anonymous said...

BEGGING AGAIN ALREADY?

after the fact American Carol Rodly can't even critices the government. Now they are begging to those who can't critices them especially when its factual criticism. The cambodian goverment have no shame. They need to step down and barried their in the sand.

son of farmer said...

My beloved 12:25AM!

Once again, me unashamedly confess that me ain't got know PhD, but me still pleasantly illiterate.

It might be psychologically or mentally broken your withered heart, if ye eventually realize that Da CPP's regime continuously keeps owing so much money to these countries.

Anonymous said...

Lon Nol owed only $160 million. Heng Samrin owed Russia $1,000 million and now Hun Sen will owe China more than $1,000 million already. So who is going to pay Hun Sen and Heng Samrin's debts? It will be our children, grandchildren and great-grandchildren.

Anonymous said...

FUCK PAYING AMERICA............IAM AMERICAN-CAMBODIAN..........AND I HATE AMERICA..........FUCK AMERICA.........AND THAILAND.....................LAND OF THE FREEE MY ASSS............PAYING TAXES AND SHIT WTF IS THAT......................FUCKING STUPID AMERICS............THE LAND OF SPOILED FUCKERS..........THAT DONT KNOW SHIT ABOUT WHATS GOING ON AROUND IN THE WORLD..............FORREAL.................I WANT EVERY 1 IN AMERICA.......TO GO AND LIVE IN 3RD WORLD COUNTRY FOR 1 MONTH AND SEE HOW LIFE IS IN THE REAL WORLD

Anonymous said...

8:56PM មេដឹកនាំយួនជុំនាន់មុននឹង
ho chiminhវាបានប្រាប់ ទៅអ្នកដឹកនាំគ្រាប់
ជុំនាន់របស់វា ឲ្យបង្កើតនិងបង្កប់ភ្នាក់ងារចារកិច្ច
នៅក្នុងជួរ រដ្ធាភិបាល តាំងពីថ្នាក់លើរហូតដល់ថ្នាក់ក្រោមគឺ យួន៣នាក់
ក្នុងចំណោមខ្មែរ៥នាក់ហើយពួកវាទាំងនោះ
រៀននៅស្រុកខ្មែរតាំងពីតូចរហូតចេញទៅរៀន
នៅបរសទេសចប់ទើបត្រឡប់មកធ្វើការនៅស្រុកខ្មែរវិញ។ហេតុដូច្នេះបើកូនខ្មែរមួយចំនួនមិនបាន
ពិចារណាឲ្យបានច្បាស់លាស់ទេ គឺយួនវានឹងកាន់កាប់ទឹកដីខ្មែររបស់យើង ដោយ
យើងមិនដឹងខ្លួន៕

ពី កូនខ្មែរស្រឡាញ់ខ្មែរ

Anonymous said...

ah kjout 5:10 AM, if US does not pay tax when you first came to United states you will eat pop and digging the cabage for food,.

because tax could help you with food, and stop you from hungry, and every one have food to eat when you first came to united states but if you came here by illegal so i do not know if you came here by marriage than you spouse have to support you. this is the real life and real world stop dreaming like living in cambodia.

see even you work in factory you still have $ to buy air plan ticket to go any where you want to go eventhough you pay tax.

don't you want to help each other out. to day you pay tax to help other poor people tomorrow probably you are begging back from them. pluse you tax is helping you when you getting old for medical and other medicine and food when you can't work any more.

you tax pay you back when you are retire; it is kind of saving money for you when you getting old and loss job. you stupid

Anonymous said...

WHO PAY BACK THE MONEY FOR THOSE COUNTRY?
THE ANSWER IST VERY EASY ==>"THE CHILDREN OF KHMER POEPLE FOR THE NEXT GENERATION". Please take a view to Indonesia during Suhato case.

Economist

Anonymous said...

Dear Sir,

Please be sure that the 160 million USD were the debt from the US supported Lon Nol Regime in the devastated civil war which led to the KR Genocidal Regime which killed more than 5 million Cambodians and foreigners. The interest is 140 million USD. The total sum is 300 million USD.

The US government should show a good-will to eliminate this due debt of the poor Cambodian people. It is also a role model for the Russian Federation Government to follow this act of forgiveness.

These debts were nothing for the Cambodians except the destruction of the country by the civil war.

Please accept, dear Sir, the assurance of my highest consideration.

Yours faithfully,

Anonymous said...

Dear uncle .
If Hun Sen do not want to repay the debt,take it gas and it take it people for 100 years lease,it going to be waste to be youn control any way

Anonymous said...

5:10 AM

Is this the realization of true colors of America--the land of the "free" and "opportunity" that I have been tell Puok Ah Jkuot Jruok Cambodian-American'ts?

Long live Cambodia!

PPU

Anonymous said...

ah kjout 11:29 AM, if you want Hun sen continue to be pm for ever and after him is his son, so America should eliminate the dept, to me America should make hun sen pay the debt if he does not have any money to pay the dept let other quality who could help pay your dept, all country who Hun sen borrow the money from should take their money back, for russian should trible interest to Hun sen, and china shold also trible interest. please no mercy on this Pm of cambodia if he have no ability to pay back the dept get out and let other people else lead.

Anonymous said...

Cambodia had been in hell and lost 2 millions people during the big three's game of death. Therefore Russia, China and America should not look at Cambodia just with their eyes, but also with their hearts.