BANGKOK -(Dow Jones)- The Thai Cabinet will review THB1.4 billion ($42 million) in planned loans to Cambodia at its weekly meeting next week, Prime Minister Abhisit Vejjajiva said Friday.
The meeting on Tuesday will review two road construction projects with Cambodia, which involved loans to Phnom Penh, he told reporters.
However, Abhisit said the diplomatic dispute with Cambodia--triggered after the country appointed ousted Thai Prime Minister Thaksin Shinawatra as an economic adviser--will not reach the point where Thailand will shut off its border with its neighbor.
Thailand has already put all talks and cooperation programs with Cambodia on hold and tore up an oil and gas exploration deal signed during Thaksin's time in power.
The meeting on Tuesday will review two road construction projects with Cambodia, which involved loans to Phnom Penh, he told reporters.
However, Abhisit said the diplomatic dispute with Cambodia--triggered after the country appointed ousted Thai Prime Minister Thaksin Shinawatra as an economic adviser--will not reach the point where Thailand will shut off its border with its neighbor.
Thailand has already put all talks and cooperation programs with Cambodia on hold and tore up an oil and gas exploration deal signed during Thaksin's time in power.
3 comments:
Abhisit said the diplomatic dispute with Cambodia--triggered after the country appointed ousted Thai Prime Minister Thaksin Shinawatra as an economic adviser.
I said PAD and Abhisit Government fully loaded the imunition for long awaiting someone to pull the trigger.
The latest displomatic dispute is a by product of boarder conflict created by PAD and Thai extremist.
1.4 billions should be gone somewhere else where people of those countries are more grateful to the aid/loan.
Thai can review its debt to the world bank.
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