Posted on 19 June 2009
The Mirror, Vol. 13, No. 61
The Mirror, Vol. 13, No. 61
http://cambodiamirror.wordpress.com/7
akm”Phnom Penh: There is not always bad news about the relations between Cambodia and the USA. Now, the good news is that America decided to make loans available for American investment in Cambodia. It is expected that this decision by President Obama will encourage investments of both countries – Cambodia and America.
“Barack Obama’s decision will open the way for American companies to ask for loans to invest in Cambodia. According to a news report from Washington D.C. on 13 June 2009, President Obama made such a decision, because Cambodia is no longer a communist country.
“The Minister of Information and spokesperson of the government, Mr. Khieu Kanharith, welcomed this decision and considers it as encouraging more commercial investment from America to Cambodia, since America is a major partner of Cambodia.
“Mr. Khieu Kanharith added that even though aid from America to Cambodia is small, the United States of America has assisted Cambodia a lot in different international institutions. Moreover, the decision of the American president is another step which will increase investments from America in Cambodia, though the American economy is facing the global crisis.
“A parliamentarian, the chairperson of the Commission of Foreign Affairs of the National Assembly, Mr. Chheang Von, said that the decision of America is a big encouragement for the Royal Government of Cambodia and a facilitation for trade and investment related to international cooperation between Cambodia and other countries, especially the United States of America, which is, in economic terms, the most powerful country of the world.
“Mr. Chheang Von, a former Cambodian ambassador at the World Trade Organization, explained that American investors can come to make a lot of investment in Cambodia through this decision. It is a new encouraging force to bring investors to Cambodia and brings pride to Cambodia under the reign of Samdech Dekchor Hun Sen, which ensures trust to attract major countries and last but not least the United States of America to invest in Cambodia.
“The United Sates of America exported goods to Cambodia last year worth US$154 million while the export of garments and industrial products by Cambodia to the United States of America was more than US$2.4 billion.
“So far, the United States of America still does not offer commercial loans for investment in six communist [?] countries, such as Burma, Cuba, Iran, North Korea, Sudan, and Syria.”
Rasmei Kampuchea, Vol.17, #4920, 14-15.6.2009
Newspapers Appearing on the Newsstand:
Monday, 15 June 2009
akm”Phnom Penh: There is not always bad news about the relations between Cambodia and the USA. Now, the good news is that America decided to make loans available for American investment in Cambodia. It is expected that this decision by President Obama will encourage investments of both countries – Cambodia and America.
“Barack Obama’s decision will open the way for American companies to ask for loans to invest in Cambodia. According to a news report from Washington D.C. on 13 June 2009, President Obama made such a decision, because Cambodia is no longer a communist country.
“The Minister of Information and spokesperson of the government, Mr. Khieu Kanharith, welcomed this decision and considers it as encouraging more commercial investment from America to Cambodia, since America is a major partner of Cambodia.
“Mr. Khieu Kanharith added that even though aid from America to Cambodia is small, the United States of America has assisted Cambodia a lot in different international institutions. Moreover, the decision of the American president is another step which will increase investments from America in Cambodia, though the American economy is facing the global crisis.
“A parliamentarian, the chairperson of the Commission of Foreign Affairs of the National Assembly, Mr. Chheang Von, said that the decision of America is a big encouragement for the Royal Government of Cambodia and a facilitation for trade and investment related to international cooperation between Cambodia and other countries, especially the United States of America, which is, in economic terms, the most powerful country of the world.
“Mr. Chheang Von, a former Cambodian ambassador at the World Trade Organization, explained that American investors can come to make a lot of investment in Cambodia through this decision. It is a new encouraging force to bring investors to Cambodia and brings pride to Cambodia under the reign of Samdech Dekchor Hun Sen, which ensures trust to attract major countries and last but not least the United States of America to invest in Cambodia.
“The United Sates of America exported goods to Cambodia last year worth US$154 million while the export of garments and industrial products by Cambodia to the United States of America was more than US$2.4 billion.
“So far, the United States of America still does not offer commercial loans for investment in six communist [?] countries, such as Burma, Cuba, Iran, North Korea, Sudan, and Syria.”
Rasmei Kampuchea, Vol.17, #4920, 14-15.6.2009
Newspapers Appearing on the Newsstand:
Monday, 15 June 2009
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