By Alex Ferreras
Phnom Penh (Source: Asia News Network (MCT)) – Chinese President Hu Jintao met with Prime Minister Hun Sen Saturday, pledging more than US$70 million in aid and agreeing to have Cambodia mediate over the South China Sea.
Srey Thamrong, minister attached to the prime minister’s office, said the aid comprised a grant of 250 million yuan ($39.6 million) and a low-interest loan of 200 million yuan ($31.7 million).
Speaking to reporters after the meeting, he said Hu Jintao told Hun Sen that said disputes over the South China Sea needed to be solved within an Asean framework.
Apart from China and Taiwan, the territorial dispute includes four members, namely Brunei, Malaysia, the Philippines and Vietnam.
Srey Thamrong said the two leaders agreed to cooperate in the fields of security and combatting cross-border crimes.
China also promised to train Cambodian experts, offered mine-clearing equipment and conveyed support for Cambodia as a non-permanent member of the United Nations Security Council.
During the meeting, the two sides signed 10 agreements, Srey Thamrong said.
He also said that Hun Sen sought low-interest loans from China of between $300 million and $500 million to develop irrigation systems.
8 comments:
Do you want to control a nation--put that nation under debt. He who controls the money writes that nation's law.
Thank you China for allowing Cambodia to have more loans, now my grandchildren and my grand grand children can become slaves and work harder to take back our land after 99 years lease of my ancestors property.
Btw, did you see CPP massive land and massive properties all around the province inside of Cambodia during your visit?
Hun Sen said he needs more money to upgrade his luxury vehicles, i mean needs more loan for more development!
tHERE IS NO SUCH THING LIKE FREE MONEY IN THIS WORLD,YOU PEOPLE SHOULD BE PROUD OF YOUR CAMBODIA COUNTRY WHICH HAS GOOD ENOUGH CREDIT TO QUALIFY FOR A LOAN.WONDER IF ONE OF YOU PEOPLE WHO DROP OF A COMMENT HERE HAS A CREDIT CARD?OF IF YOU PEOPLE EVER FINANCE A CAR HERE IN THE US. OR SORRY,i FORGOT THAT WHO PEOPLE ARE ON WELFARE,SORRY.WELL,THAT'S HOW TODAY WORLD.LOOK WHAT IS GOING ON WITH GREEK....IF YOU DON'T KNOW ANYTHING,SHUT YOUR MOUTH, I might dislik hun sen as much as you do,but i do care about my country(Cambodia)much more than I dislike Hun Sen.I want to see Cambodia get developed like other Country around the world ND THE ONLY WAY TO DO THAT IS TO GET A LOAN AND/OR LEASE OUT SOMETHING THAT'S WORTH LEASING JUST TO GET THE MONEY FOR DEVELOPMENT,JUST LIKE YOU APPLY FO A LOAN FOR YOUR COLLEGE,OH I'M SORRY ONCE AGAIN,I FORGOT THAT YOU PEOPLE ARE ON WELFARE AND NOT CARING MUCH ABOUT EDUCATION NOR BUSINESS...
11:05 AM Hey FUCKER. If you care about the country and not Hun Sen, then tell him to give back all the money he stole.
You think Hun Sen the uneducated Vietminh and other Vietminh such as Hor Nam Hong, Chea Sim and Heng Samrin are all on $1300 monthly salary.
Get the FUCK OUT OF HERE AH CHKAE CPP!
You must be a FUCKING idiot comparing the $6 billions debts to your fucking credit cards with a limit of $1000.
Do you understand what Im saying FUCKER? When you qualify for a credit loan you pay back the money you borrow in order to keep the credit card. What is the stop AH FUCKING HUN SEN from borrwing and leading the country into more debts.
AH CPP CHKAE Cambodia is now in alot of debts, yet you always hear they are borrowing more and more, selling more and mroe lands, so WHERE are all the moneys from all these LOAN GOING? AH CPP CHKAE.
AH KWAK!
12:PM DON'T YOU TELL ME THAT YOU ARE THE ONE WHO PAID ALL THE BILLS FOR the highway and bridges that we never had before,don't you tell me me that you gonna be better than Hun Sen if you were going lead Cambodia and don't you tell me that you are not going to be a corrupted leader.You can criticise anyone you wish using your freedom of expression but please be wise to use proper language in your expression and comments,otherwise,you are doing anything more than just stepping down on your own race.There are plenty of educated khmer inside and outside of Canbodia,unfortunately you are not one of them.Sam Rainsy or Mu Sokhou are a few candidates who I would vote for to run and lead Cambodia.However;Sam Rainsy is using a very cheap way to gain popularity which he himself well awared of that tactic.And no i am not chkae of CPP as you unfairly claimed,as i mentioned in my first comment,I might dislike Hun Sen as much as you do if not more but I just saying the truth which base on my personal observation.Today is the 21st century,not the 12th,every country in the world is doing whatsoever they think it's right to attract foreign direct investment so the can developed and prosperitise their country,Cambodia is no different in order to catch up with the rest of the world.The big china had leased Hong Kong to England for 99 years but no chinese had said that china had sold Hong Kong to England.I believe Cambodia will lease land to anyone who can efford the lease,including you.There is one solution for you to stop Hun Sen from leasing land to foreigners and all it take is you to come up with $$$ to invest in all fields in Cambodia.
You are the dumbest idiot. Go trash your useless mouth elsewhere. First you compare the country's billions of debt to your credit card, now you are saying if I want force eviction to end I need to buy all the Khmer land?
What did you get your fucked up education from? Sounds like you never finished high school. Ah CPP Chkae. Did you know Ah Chkae also didn't finished school either, that's why he killed a lot of opposition.
That's also why Sam Rainsy also fled the country. Tell Ah Chkae Kwak to stop trying to kill people then noone will leave the country.
Agree? ah Chkae
Hong Kong was leased to England for 99 years to sell opium to mainland China. You fking stupid. Why can Cambodia now 2012 go borrow money anyway els to develope. Dont the CPP have money? If you combined those people or tycoon theft it est around 10 billions.
9:11 pm,your language is lower than those tugs used,sound like a street gang languages,are you sure you still want to talk about politic with me?anyway just to suck some air out of your birth brain,let me as your a few kendergarden level questions.First of all,lets go back to the credit card thing,you have said that credit card debt is just 1000 max,well that max is only apply to you but with most people is 10,000 max per credit card and is for one person,Cambodia has a population of close to 15 millions,so do the math.Secondly,again,a simple question,do have any idea how much The U.S. owed to the poorer China?.If you can come up with proper answer to these question then you sould know a little bit about Business and politic.Thirdly;you stated that China has lease H.K to England for the purpose of drug transition/trading center,but why is H.K. is now one of the modern,well-developed city as it compared to other city i the region>isn't it surposed to be the drug rehap center according to your claim?...My education is sure right very low and need much conituing in education,lease let me know what college you did attend so I can avoid.
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