Minister of Economy and
Finance H.E. Aun Porn Moniroth received H.E. Dmitry Tsvetkov, newly-appointed
Ambassador of the Russian Federation to the Kingdom of Cambodia on June 3 in
Phnom Penh.
In the meeting, H.E. Dmitry
Tsvetkov praised the increase in Cambodia-Russia trade volume by 38%, or
roughly equivalent to US$133 million in the previous year and hoped that it
would further keep rising. He emphasized that the numbers of Russian tourists
who visited Cambodia also surged every year. He touched upon the potentials for
the development of Cambodia, covering the areas of tourism, investment, economy
and finance, as well as transport and energy.
The Bilateral Agreement on
Promotion and Protection of Investment between Cambodia and Russia will be
signed soon. For his part, H.E. Aun Porn Moniroth, in the name of the Royal
Government and the people of Cambodia, thanked the Russian government and
people for actively involving in solving conflicts and in helping organize the
signing of the Paris Peace Agreement as well as in supporting Cambodia. Moreover,
he stated the significance of the prioritized domains, including transport and
energy to which attention was being highly paid by the Royal Government of
Cambodia. Likewise, he did congratulate a new step forward in accelerating the
investment between the two countries through the Bilateral Agreement on
Promotion and Protection of Investment which would pave the way for
facilitating and creating good environment for attracting Russian investors.
He told the Russian diplomat
about the Royal Government of Cambodia’s will in dealing with the debts
Cambodia had owed to Russia since 1980s as the two countries agreed to solve at
the level of technical working group in the spirit of understanding to ensure
the bilateral benefits and good cooperation.
Source:
http://www.akp.gov.kh/?p=46169
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