Showing posts with label Hungary. Show all posts
Showing posts with label Hungary. Show all posts

Monday, February 02, 2009

Hungary’s generosity to Cambodia [… well, sort of]

31 Jan 2009
By KS
Cambodge Soir Hebdo
Translated from French by Luc Sâr
Click here to read the article in French


On its return visit from Budapest, a Cambodian parliament delegation brought in good news.

Hungary just decided to cancel half of Cambodia’s debt,” announced CPP MP Ho Naun. She was part of a parliament delegation which met with Hungarian MPs. Another announce by Ho Naun: Budapest promised to help the kingdom to continue its development path, and Budapest also noted with satisfaction the progress made up to date. Hungary also wishes to open an embassy in Phnom Penh, and that Cambodia would do the same in Budapest as well, in order to reinforce the links between the two countries.

The amount of debt owed by Cambodia to Hungary was about $400,000.