Top legislator's visit to deepen Sino-Cambodia friendship: Chinese ambassador (3)

17:59, November 01, 2010      

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Pan said in 2010, the Sino-Cambodia kept closer contacts in various fields, and the cooperative effort is remarkable. At the end of April and in early May, Prime Minister Hun Sen attended the opening ceremony of the Shanghai World Expo and held talks with Chinese President Hu Jintao. In early October, King Norodom Sihamoni at the invitation of Chinese side attended the opening ceremony of Chinese Pavilion Day at Shanghai World Expo and has a meeting with top Chinese legislator Wu Bangguo. At the end of October, Heng Samrin, president of Cambodia's National Assembly attended the Western China International Fair (WCIF) in Chengdu, Sichuan province. On the topic of economic cooperation, Ambassador Pan said that along with the establishment of China-ASEAN Free Trade Area, the Sino-Cambodian economics and trade cooperation is facing new and bigger development opportunities. The volume of trade between China and Cambodia in the first half of this year had already reached 627 million U.S. dollars, up 37 percent compared to the same period last year.

He pointed out that after ending nearly 30 years chaos caused by war, Cambodia has entered a peaceful development period which needs a lot of money and technology. While China has accumulated the massive fund, technology and the experience with more than 30 years reform and open policy, so there are huge potentials for the two countries to have the economic complement and mutually beneficial cooperation. China and Cambodia had already signed the SPS (Sanitary and Phytosanitary) agreement recently which will help Cambodia's agricultural product to enter Chinese market.

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