The Belt and Road Initiative (BRI) is an ambitious international cooperation and connectivity project initiated by China in 2013. Cambodia is one of the staunchest supporters of the initiative with the expectation that BRI will contribute to peace and shared prosperity.
Last week, there were two significant events in Cambodia that may have slipped the attention of observers.
Foreign Minister issues a statement for the Mekong-Lancang Cooperation week.
5G technology is one of the key tools for Cambodia to realise the ambition to leapfrog its economic structure to a knowledge-based and innovation-driven economy.
President Moon Jae-inn is paying a state visit to Cambodia today after his trip to Brunei and Malaysia.
At the annual conference of the Ministry of Foreign Affairs and International Cooperation last week, Cambodian Foreign Minister Prak Sokhonn criticised the EU for exercising “double standards” and treating Cambodia unfairly.
As some regional observers had expected, the Hanoi Summit between Kim Jong Un and Donald Trump failed to issue a joint statement.
General-Secretary of the Communist Party and President of Vietnam, Nguyen Phu Trong, started a two-day state visit to Cambodia yesterday with the aim to further enhance the traditional friendship and strategic partnership between two nations.
Within the context of looming economic pressures from the European Union and possibly also from the United States, some news analysts and observers have drawn a quick conclusion that Cambodia’s economy is bound to collapse.
According to the Constitution, Cambodia has three-NO foreign policies: no foreign interference, no treaty alliance, and no foreign military bases. Cambodia’s foreign policy has been consistent and firm with regards to its independence, sovereignty and neutrality.
The 27th Asia Pacific Parliamentary Forum (APPF) was successfully concluded last week in Siem Reap, the historical and cultural city of Cambodia, with a joint communiqué calling for enhanced regional partnership for peace and sustainable development.
There are many kinds of politicians. Those who label themselves as patriots, those who brand themselves as nationalists, liberal democrats, political mavericks, or as sheer egoists – more concerned about themselves rather than the people they are purported to serve.
Cambodia and her people, under the wise leadership of Prime Minister Hun Sen, are ready to chair the official launch of the Asian Cultural Council (ACC) tomorrow in Siem Reap, the home of Angkor.
The Everything But Arms (EBA) initiative is a unilateral preferential treatment offered by the EU to least developed economies with the aim of helping them develop their economy and reduce poverty.
Vietnam’s economy is highly dependent on foreign trade. In recent years, the sum of its exports and imports increased to as much as 185 per cent of GDP.
First and foremost, it is in almost every Cambodian’s interest to see a well-oiled sub national level administration which is well equipped to deliver the central government’s reform and decentralisation agenda.
2018 was a dramatic, challenging year for Cambodia. It will be remembered amongst others, for the movers and shakers in the political sector, external pressure on trade and politics and domestic policies.
The Sixth Mandate of the Royal Government has now well passed its first 100-day test. This is the benchmark for each new mandate, to test its mantle and set the agenda for the next five years or so.
Cambodia adopts its first Industrial Development Policy (IDP) in 2015 as a guide to promote the country’s industrial development that will help maintain sustainable and inclusive high economic growth.
The US action against Huawei’s CFO Meng Wangzhou is part of the Trump administration’s broader attempt to undermine China’s economy by imposing tariffs, closing Western markets to Chinese high-technology exports, and blocking Chinese purchases of US and European technology companies.
The outright election victory of the Cambodian People’s Party, led by Prime Minister Hun Sen, has secured political stability and social order in the Kingdom.
Prime Minister Hun Sen’s official visits to Lao PDR and Vietnam last week signifies a new era in Cambodia’s foreign policy priorities.
Rich in history and cultural assets, Cambodia has a great potential and comparative advantage to expand its international networks of friendship and partnerships through cultural diplomacy, and project its soft power based on the contribution to human civilisation.
For more than a decade, Cambodia has had excellent trade ties with the EU, registering some 5.8 billion euros ($6.56 billion) worth of exports in 2017, compared with a mere 837 million euros ($947 million) in 2007.
In 2015, the Cambodian government’s set target of exporting one million tons of rice fell short the moment it was announced.
For Cambodia, EBA provides a lot of benefits to the agriculture industry, in particular, rice and a number of other potential products.
Before the 1980s, Chinese foreign aid primarily served a political purpose, whereas since the 1990s, it also has been driven by commercial interests.
Asia is one of the largest contributors to global economic growth but there is a Catch-22 situation. The higher the economic growth from increases in investment, the higher will be the current account deficit.
Cambodia’s foreign policy stance is now more assertive after the formation of the new government in the sixth legislature. Prime Minister Hun Sen is determined not to tolerate international pressures and intervention, especially with regards to democracy and human rights.
Next week Japanese Prime Minister Shinzo Abe will be on a state visit to Beijing, to meet Chinese President Xi Jinping. If the visit succeeds, it could be a significant game-changer in the region and beyond. Shiro Armstrong tells why.