Tuesday, 21 September 2010

Hun Sen to make Obama appeal


Photo by: Pha Lina
Prime Minister Hun Sen speaks at the inauguration of the Prek Phnov bridge in Russey Keo district yesterday.

via CAAI

Monday, 20 September 2010 19:24 Cheang Sokha and Sebastian Strangio

PRIME Minister Hun Sen has said that he would appeal to US President Barack Obama to cancel more than US$300 million in “dirty debt” accrued by the Lon Nol regime in the 1970s.

Speaking at the inauguration of Prek Phnov bridge on the outskirts of Phnom Penh, the premier said he would make the request when he meets Obama during this week’s ASEAN-US summit in New York.

“I will tell the US that the 1970-75 debt is considered as dirty debt and ask them to cancel it,” Hun Sen said. “If it is dirty debt how can we pay it? Even the bank will cancel this.”

The debt, which amounts to an estimated $317 million, was incurred by the republican regime that came to power in a 1970 coup backed by Washington, which showered the government with military and economic aid.

Cambodia has long opposed repayment of the debt, which it says fuelled the country’s civil war with the Khmer Rouge.

US officials, however, have said Cambodia is merely being held to the same standards as other countries. ...

read the full story in tomorrow’s Phnom Penh Post or see the updated story in online from 3PM UTC/GMT +7 hours. (New York 4AM, Los Angeles 1AM, Chicago 3AM, Paris 10AM, Toronto 4AM, Sydney 6PM, Bejing 4PM, Tokyo 5PM, London 9AM, Johannesburg 10AM, Riyadh 11AM, Mumbai 1:30 PM)

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