Paris Peace Accords 23 Oct. 1991

Friday, July 15, 2016

China gives $600 million aid to ally Cambodia

Chinese Premier Li Keqiang, left, talks with Foreign Minister Wang Yi, center, as he and Cambodia's Prime Minister Hun Sen, right, attend the opening session...
Chinese Premier Li Keqiang, left, talks with Foreign Minister Wang Yi, center, as he and Cambodia's Prime Minister Hun Sen, right, attend the opening session of the Asia-Europe Meeting (ASEM) summit in Ulaanbaatar, Mongolia July 15, 2016. (Damir Sagolj/Pool Photo via AP)

China gives $600 million aid to ally Cambodia

Daily Mail | 15 July 2016

PHNOM PENH, Cambodia (AP) — Cambodia's prime minister announced Friday that China will give his government nearly $600 million in aid to support the country's election infrastructure, education and health.

Prime Minister Hun Sen said in a statement that the aid was finalized after he met with his Chinese counterpart Li Keqiang at an Asia-Europe meeting in Mongolia.

"At my request, our Chinese friends have agreed to provide fund for supporting the election process, health care, education and clean water," Hun Sen said.

China is a key ally and economic partner of impoverished Cambodia. It has provided millions of dollars in aid and investment over the past decade, granted it tariff-free status on hundreds of trade items and written off its debt.

In return, Cambodia supports China in international forums, including in Beijing's ongoing dispute with other Southeast Asian countries in the South China sea.

Last month, Cambodia deported 39 suspected criminals to China, including 25 Taiwanese, over whom Beijing insists it has jurisdiction despite protests from self-ruled Taipei.

No comments:

Post a Comment