BANGKOK, Nov 28 (TNA) -- Thai Prime Minister Abhisit Vejjajiva said Saturday that the Cambodian government misunderstood the Thai government might not extend a Bt1.4 billion loan to finance upgrading a road between the Thai border province of Surin and the Cambodian border province of Siem Reap and had decided to preemptively cancel the loan.Mr Abhisit told journalists that the decision by the Cambodian government to cancel the loan, approved by his government in August to be used to upgrade the road from Surin to Siem Reap, resulted from a misunderstanding as Cambodia thought that Thailand would terminate the project and informed Bangkok that it had decided to cancel the loan.
There wouldn’t be a problem if both sides have a chance to talk with each other, he said. So far the Thai cabinet has not decided to alter the plan to extend the loan and if talks are held, the problem could be solved.
According to the Associated Press (AP), Cambodian Foreign Ministry spokesman Koy Kuong said in Phnom Penh Friday that his country did not need the loan and could afford to build the road on its own.
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