Friday, December 18, 2009

Cambodia, Vietnam open up cross-border river trade

Friday, December 18, 2009
Thanh Nien Daily

Cambodia and Vietnam signed Wednesday a treaty that will allow freedom of navigation on Mekong waterways between the two countries and increase access to the river system for foreign vessels.
The Treaty on Waterway Transportation legally binds Cambodia and Vietnam to reducing the official restrictions that have existed for cross-border navigation, the Mekong River Commission said.
The move will free-up regional and international trade, help avoid delays and make river-based customs and immigration procedures more efficient and straight-forward, it added.
The agreement also introduces a range of other measures that should improve efficiency and safety for vessels using the more than 65 Cambodian and Vietnamese registered internal ports.

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