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Cambodia, China Sign 8 Cooperation Deals

Cambodia and China signed on Monday eight cooperation documents during Cambodian Prime Minister Hun Sen’s official visit in China, according to Chinese News Agency Xinhua.

After the bilateral meeting between Cambodian Prime Minister Hun Sen and Chinese Premier H.E. Li Keqiang in Beijing’s Great Hall of the People on Monday, eight deals were signed, said Xinhua.

They are the Memorandum of Understanding between the National Bank of Cambodia and the China Banking Regulatory Commission,the Agreement on Economic and Technical Cooperation between the Royal Government of Cambodia (RGC) and the Government of China (300 million Yuan), the Framework Agreement on a Concessional Loan Agreement Provided by China to Cambodia (Koh Thom Bridge Project) between the RGC and the Government of China (126 million Yuan), the Exchange of Notes on the Project of Vocational School on Agriculture in Kratie Province between the RGC and the Government of China, the Concessional Loan Agreement on the Staung River Basin Water Resources Development Project Phase I between the Ministry of Economy and Finance of Cambodia and the Export-Import Bank of China (329.75 million Yuan), the Concessional Loan Agreement on the Koh Thom Bridge Project between the Ministry of Economy and Finance of Cambodia and the Export-Import Bank of China (126 million Yuan), the Action Plan on the Implementation of the China-Cambodia Comprehensive Strategic Partnership of Cooperation between the Government of China and the RGC, and the Memorandum of Understanding on the 5 million tons Oil Refinery Project among China Development Bank, China Export & Credit Insurance Corporation, China Perfect Machinery Industry Corporation and Cambodia Petrochemical Company (US$1.67 Billion).

Yesterday the Cambodian delegation led by Hun Sen arrived in Beijing after attending the Boao Forum for Asia Annual Conference 2013 held in China’s Hainan province.

 

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Written by Kham

09/04/2013 at 5:01 pm

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