Tuesday, May 20, 2014

China To Provide Nearly 1 Billion Yuan in Financial Assistance to Cambodia

20 May 2014

The Government of China has decided to provide 700 million Yuan in grant aid and 200 million Yuan in concessional loan to support the social and economic development in Cambodia.

The decision was made between Cambodian Prime Minister Hun Sen and Chinese President H.E. Xi Jinping, on the sidelines of the 4th Summit of the Conference on Interaction and Confidence Building Measures in Asia (CICA) to be held on May 20-21 in Shanghai. Furthermore, the Chinese leader affirmed to continue to assist Cambodia through the purchase of Cambodian agricultural produce and the encouragement of Chinese tourists to visit Cambodia.

Source:
http://www.akp.gov.kh/?p=45507

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