PHNOM PENH, Oct. 5 (Xinhua) -- Cambodia and South Korean governments will sign an agreement of oil and energy cooperation during the two-day official visiting by South Korean President Lee Myung-bak later this month, an official said here on Monday.
"Both sides will sign the agreement on seeking mines, oil, gas, and energy cooperation to push the economic development in the country," Eang Sophalleth, spokesman for Cambodian Prime Minister Hun Sen told reporters after the meeting between Cambodian Prime Minister Hun Sen and visiting Shin Jae Hyun, ambassador in charge of cooperation, natural resources and energy affairs to the South Korean President.
Shin's visit is to pave the way for President Lee Myung-bak's visit in Cambodia on October 22-23.
The bilateral cooperation will serve the mutual benefits, Eang said, adding that Prime Minister Hun Sen expressed his hope that it will help speed up the country's economic development.
Shin also expressed his sympathy and condolences to Cambodian victims who suffered from Ketsana storm last week and hoped the Ketsana-hit regions would be restored soon under the Cambodian government's leadership.
South Korea has contributed to building rural infrastructure, irrigation systems, and road restorations in Cambodia and has helped e-government, information technology in Cambodia. Moreover, South Korea also joined to invest in a stock exchange which plans to open next year in Cambodia.
"Both sides will sign the agreement on seeking mines, oil, gas, and energy cooperation to push the economic development in the country," Eang Sophalleth, spokesman for Cambodian Prime Minister Hun Sen told reporters after the meeting between Cambodian Prime Minister Hun Sen and visiting Shin Jae Hyun, ambassador in charge of cooperation, natural resources and energy affairs to the South Korean President.
Shin's visit is to pave the way for President Lee Myung-bak's visit in Cambodia on October 22-23.
The bilateral cooperation will serve the mutual benefits, Eang said, adding that Prime Minister Hun Sen expressed his hope that it will help speed up the country's economic development.
Shin also expressed his sympathy and condolences to Cambodian victims who suffered from Ketsana storm last week and hoped the Ketsana-hit regions would be restored soon under the Cambodian government's leadership.
South Korea has contributed to building rural infrastructure, irrigation systems, and road restorations in Cambodia and has helped e-government, information technology in Cambodia. Moreover, South Korea also joined to invest in a stock exchange which plans to open next year in Cambodia.
2 comments:
It is good to see more joint venture taken place in cambodia, particularly with south korea and other more transparent countries such as Germany...and so on.
Thank to RGC for this initiative idea, hopefully connects with other major countries which enables standard of living of poor cambodians improved.
Praise for the good work indeed.
Neang SA
Will Khmer people be able to share the slightest profit of oil selling?
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