By Cheang Sokha and James O'toole
The Phnom Penh Post
CAMBODIA annulled a US$41 million loan from Thailand on Friday, as family members visited the jailed Thai engineer who has become embroiled in the diplomatic spat between the two countries.
The loan, which had been finalised in August, was to have funded renovations of National Road 68, connecting Siem Reap and Oddar Meanchey provinces with Thailand. “We have sent the diplomatic note for the cancellation of the loan agreement because Cambodia has its own ability to build this road,” Ministry of Foreign Affairs spokesman Koy Kuong said, adding that Prime Minister Hun Sen will preside over a groundbreaking ceremony for the project on December 5.
Please click here to read more...
No comments:
Post a Comment