The Korean Ambassador to Cambodia Stressed the Place of Bilateral Ties with Cambodia Ahead of a Visit by the Korean President Next Week – Thursday, 15.10.2009
The Mirror, Vol. 13, No. 634 – Thursday, 15.10.2009
“Just a week before a visit by the South Korean President to Cambodia, the ambassador noticed that the pace of investment, of commerce, and of other ties between Cambodia and Korea has flourished significantly, making South Korea the country with the most investors in Cambodia and with the highest number of international tourists’ arrivals since the establishment of ties between both countries in 1997.
“The President of the Republic of Korea will lead a government and businesspeople’s delegation to make an official visit to the Kingdom of Cambodia for two days from 22 to 23 October 2009.
“During a roundtable meeting organized by the Club of Cambodian Journalists with support from the Konrad Adenauer Foundation of Germany on 14 October 2009 at the Hotel Cambodiana, the Korean Ambassador to Cambodia, Mr. Lee Kyung-Soo, said that the two-day visit by the Korean President in Cambodia is made in response to an invitation by Samdech Akkak Moha Senapadei Dekchor Hun Sen, who officially visited the Republic of Korea (South Korea) in June 2009.
“The Korean Ambassador to Cambodia, Mr. Lee Kyung-Soo, recounted the achievements of the Cambodian-Korean ties ahead of a visit by the head of the Korean government to Cambodia during the forum about cooperation between Cambodia and the Republic of Korea. He said that besides meeting with the King and top leaders of Cambodia, the South Korean President Lee Myung-Bak will attend talks with Cambodian and Korean investors in Phnom Penh.
“The Ambassador said that Korean investments in Cambodia increased up to US$2.7 Billion by 2007. In 2008, investments amounted US$1,238 million. He said these are figures from the Council for the Development of Cambodia. In the first six months of 2009, Korean investments amounted to only US$100 million, declining by 58% compared to the corresponding period in 2008. He went on to say that this was due to the global economic crisis, but not due to any other reasons.
“Ambassador Lee Kyung-Soo added that after establishing diplomatic ties in 1997, Korean investors invested in the garment sector, in tourism, and in mineral resources development. From 2007 onward, Korean investors invested also in construction, real estate, agriculture, industry, and finance and banking.
“As for commerce, Korean is in the 7th position of countries importing products to Cambodia, worth US$309 million, while Cambodia is in the 80th position of countries importing to South Korea, exporting products worth US$294 million.
“Also, South Korea is one of the important donors of Cambodia. Since 2001, there have been US$220 million in loans and US$46 million in grant aid.
“The Ambassador said during the forum with Cambodian journalists that at present, there are 8,400 Khmer people living (legally) in Korea, including Khmer workers, Khmer women married to Korean men, and Khmer students. Among these 8,400 Khmer people, 2,900 are Khmer women married to Korean men, and 4,900 workers. There are about 4,000 Korean people living in the Kingdom of Cambodia.
“According to an announcement of the Ministry of Foreign Affairs and International Cooperation of Cambodia on 14 October 2009, during the official visit to Cambodia, Mr. Lee Myung-Bak will meet the King of Cambodia, Preah Karuna Preah Bat Samdech Preah Boromaneath Norodom Sihamony. Then he will meet in courtesey visits with the President of the Senate, Samdech Akkak Thoma Pothisal Chea Sim and the President of the National Assembly, Samdech Akkak Ponhea Chakrei Heng Samrin. He will have top bilateral meetings with the Cambodian Prime Minister, Samdech Akkak Moha Senapadei Dekchor Hun Sen.
“The announcement says that Samdech Dekchor Hun Sen and Mr. Lee Myung-Bak will witness a signing ceremony for two agreements between the Minister of Foreign Affairs of Cambodia, Mr. Hor Namhong, and the Minister of Foreign Affairs and Commerce of the Republic of Korea, Mr. Yu Myung-Wan – an extradition agreement, and an agreement on financial credits for economic development cooperation from 2009 to 2012.
“During the first official visit by the South Korean President, Mr. Lee Myung-Bak to Cambodia, the Ministry of Foreign Affairs announced that five more documents are expected to be signed also. 1. Agreement about cooperation between the Chamber of Commerce and Industry of the Republic of Korea and the Chamber of Commerce of Cambodia; 2. Agreement on cooperation to produce publications; 3. Memorandum of Understanding about cooperation in the mine sector; 4. Memorandum of Understanding about joint cooperation in exploring mineral resources; and 5. Memorandum of Understanding about cooperation in investments to plant trees and on problems of climate change.” Rasmei Kampuchea, Vol.17, #5021, 15.10.2009
Newspapers Appearing on the Newsstand:
Thursday, 15 October 2009
Deum Ampil, Vol.3, #311, 15.10.2009
- Today the Cambodian Prime Minister Will Travel to China to Attend a [commercial and economic] Exhibition [some loan agreements are expected to be signed during his visiting]
- South Korea Will Invest to Establish a Car Manufacturing Factory in Cambodia [the Hyundai company plans to establish a factory in Koh Kong]
- Citizens Countrywide Spend US$69.5 Million per Year on Cigarettes [according to the Cambodia Movement for Health]
- Thirteen More People Were Confirmed with Swine Flu [adding the number up to 146 in total in Cambodia]
- Obama Agreed to Send 12,000 More Soldiers to Afghanistan [other sources of information say that no decision has been taken]
Kampuchea Thmey, Vol.8, #2072, 15.10.2009
- The Director of the [new, planned] Southeast Asian Radio and Television Station Was Arrested for Allegedly Taking US$7 Million [Phnom Penh – The Cambodia Daily of 15.10.2009 reports that the station will start to broadcast in January 2010]
- The United Arab Emirates Plan to Invest in Rice Cultivation in Cambodia [according to a meeting between the Ministry of Water Resources and Meteorology of Cambodia, Mr. Lim Kean Hor, and the Minister of Economy of the United Arab Emirates, Sultan Bin Saeed Al Mansoori]
- Road Tax Checking for 2009 Will Begin on 16 October 2009 Countrywide
Khmer Machas Srok, Vol.3, #509, 15.10.2009
- For the Second Time the Appeals Court Rejected to Accept Mu Sochua’s Complaint [against Prime Minister Hun Sen for defamation] and It Will Not Summon [Prime Minister] Hun Sen for Questioning [while Ms. Mu Sochua had been fined Riel 16.5 million (approx. US$4,125), as a fine and as compensation, for losing in Prime Minister Hun Sen’s defamation case]
Koh Santepheap, Vol.42, #6779, 15.10.2009
- Cambodia Is Waiting for an Official Response [which denies, according to press reports, that the Thai Foreign Minister would seek ASEAN’s approval for a “neutral organization” that “may provide an avenue for Thailand and Cambodia to settle the dispute”], but Cambodia Will Not Respond though the Media [according to the Minister of Foreign Affairs of Cambodia, Mr. Hor Namhong, Cambodia will raise the Khmer-Thai border disputes during the ASEAN summit]
In the meantime The Cambodia Daily reported from the official Thai response, which quotes an agreement achieved during the visit of Thai Prime Minister Abhisit Vejjajiva with Prime Minister Hun Sen: “Both sides agreed that the issue of the Temple of Phra Viharn be addressed through existing bilateral mechanisms between our two countries.”
It might also be remembered that there are multiple claims since many years on the Spratley Islands in the South China Sea, by the ASEAN members Brunei, Malaysia, the Philippines, and Vietnam (in addition to claims by China, and separately also by Taiwan), but the ASEAN member states have agreed that this conflict between member states of ASEAN should not be handled by ASEAN, as it might split the positions of the other ASEAN countries – and the countries concerned should work on their bilateral problems bilaterally.
Phnom Penh Post, Vol.1, #26, 15.10.2009
- The National Assembly Adopted a Demonstration Law [less than 200 people can assemble at a public place with permission from the authorities, to be applied for at least 12 hours before]
- [South] Korea Plans to Invest in a Hydro-Electric Dam at the Sesan River [US$700 million to generate 325 megawatt of electricity – Ratanakiri]
Rasmei Kampuchea, Vol.17, #5021, 15.10.2009
- The Korean Ambassador to Cambodia Stressed the Place of Bilateral Ties with Cambodia Ahead of a Visit by the Korean President Next Week
- More Than US$200 Million Is Needed to Reconstruct the 1,200 Irrigation Systems Countrywide [according to the Minister of Water Resources and Meteorology]
Sereypheap Thmey, Vol.17, #1808, 15.10.2009
- The Government Maintains a Position to Solve the Border Disputes with Siam [Thailand] in the ASEAN Framework
Have a look at the last editorial – you can access it directly from the main page of the Mirror.
And please recommend us also to your colleagues and friends.