Nearly 30 Agreements to Be Signed at Xi’s Visit, PM Says
Cambodia Daily | 7 October 2016
Prime Minister Hun Sen
announced on Thursday that he expects to sign almost 30 deals with Chinese
President Xi Jinping next week when the leader makes an official two-day
visit to Cambodia, touching down on Thursday.
“The main issue here is to try
to open the Chinese market, which is a large market,” Mr. Hun Sen said at a
university graduation ceremony in Phnom Penh. “If there are no changes, at
least 28 agreements and protocols will be signed.”
It
would be the most agreements signed by the two parties during one visit since
Mr. Hun Sen’s trip to China in 2004, he said, though he did not elaborate on
the deals. National Police said this week that some 7,000 members of the
military and security forces would be deployed for the visit.
The premier said trade with
China would rise to $5 billion by next year—from about $4 billion last
year—with a particular boost for agricultural exports.
“Agricultural products such as
rice and cassava are already exported to Chinese markets, and Cambodia has
great ambitions of exporting other agricultural products such as bananas to
China too,” Mr. Hun Sen said.
Cambodia has been caught in an
agricultural crisis in recent weeks due to plunging rice prices, devastating
the incomes of the country’s roughly 2 million rice farmers. Among other measures,
the government asked China for $300 million in emergency aid.
The meeting with Mr. Xi comes
as the two countries draw ever closer. Cambodia has been called a satellite of
China in the Asean region for its successful efforts to block joint statements
critical of China’s claims to the South China Sea.
In return, analysts say, China
has been increasingly generous with loans and aid money.
In addition to Mr. Xi’s
upcoming visit, an envoy from the U.K. will also be arriving this month to
renegotiate trade deals in anticipation of the country’s exit from the E.U.,
Mr. Hun Sen said.
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