Friday, July 2, 2010

Cambodia Ratifies Asean-china Economic Cooperation Framework Agreement

PHNOM PENH, July 1 (Bernama) -- The Cambodian National Assembly on Thursday approved the framework agreement on the comprehensive economic cooperation between ASEAN-China, a move aiming to attract more investments from China.
The overwhelming majority of the Cambodian lawmakers voted in favor of ratifying the agreement signed in 2009 between the ten member countries of ASEAN and China, Xinhua said Thursday.
Kong Vibol, deputy minister for finance and economy, told that: "We need more investments from China for the development of our country through which more jobs will be created as well as to boost our exports to overseas market."

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