Tuesday, 19 February 2008

Cambodia Rejects US Claim on Debt

Phnom Penh, Febr. 17 (PL) Cambodia rejected this Monday the United States' complaint about the 339 million dollar debt contracted by Lon Nol's regime after defeating the monarchy in 1972.

The Cambodian government declared the illegal administration of the country was responsible for the indebtedness and, therefore, the current executive has no responsibility whatsoever in the liquidation of such an amount, said its official spokesman, Khieu Kanharith.

Phnom Penh's reaction occurred after the US undersecretary of State to East Asia and the Pacific, Scout Marcial, urged Cambodia to sign an agreement to renegotiate the debt.

The government spokesman rejected Washington's demand relating to the outstanding bills of General Lon Nol (1972-1975) due to the low interest financing of farming products.

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