via CAAI News Media
By Chun Sakada, VOA Khmer
Original report from Phnom Penh
17 March 2010
Chinese Deputy Prime Minister Hui Liangyu arrived in Cambodia Wednesday to hold trade talks with Cambodian leaders.
The two countries maintain cooperation in politics, economy, trade, culture and people-to-people exchanges, and close coordination on international and regional affairs, according to officials.
In a three-day visit, Hui Liangyu is expected to meet with Prime Minister Hun Sen, Council Minister Sok An and Deputy Prime Minister Yim Chayly.
He will sign agreements on agriculture and telecommunications, including a joint venture between China’s Hua Wei and Cambodia’s Mobitel, according to Phay Siphan, a spokesman for the Council of Ministers.
“Hun Sen has always encouraged Chinese investors to Cambodia as well as providing opportunities of technical change and the increase of investment services for Cambodian laborers,” he said.
Hui Liangyu’s arrival comes just months after the December visit of Chinese Vice President Xi Jinping, during which China pledged $1.2 billion in assistance.
China invested more than $6.5 billion in Cambodia from 1994 to 2009, according to government figures. China’s investment of $4.3 billion in investment in 2008 comprised 40 percent of total foreign investment.