EU To Further Support Cambodia

The European Union (EU) will continue its support to Cambodia in three different fields with over 43 million euros, H.E. Ouch Borith, Secretary of State for Foreign Affairs and International Cooperation said here on Thursday at a press conference at the end of the seventh Joint Committee Meeting between the Cambodian government and EU.

 

“The EU will provide some 20 million euros to support Cambodia’s agricultural field, 15 million euros for decentralization strengthening and US$8 million for public financial management,” he said.

The Cambodian government and the EU agreed to strengthen their partnership, and held many discussions on judicial reform, investment, and land reform at the meeting, he said.

“The EU is a key partner for Cambodia, the EU and its Member States are Cambodia’s largest development partner while Cambodia’s exports to the EU reached a record figure of over 1 billion euros in 2011 and more than three quarters of Cambodia’s exports entered the EU market without paying any duties at all,” he said.

Cambodia is proud of the quality of dialogue we have developed over the years and we believed these talks serve the purpose of strengthening our partnership, he added.

The EU-Cambodia Joint Committee is the highest level policy dialogue platform between the two partners.

For the EU part, Mr. Pedro Serrano, Director for South and South East Asia in the European External Action Service said this high level dialogue allows us go through the whole spectrum of our bilateral relations, including the most relevant issues such as land reform.

“The main objective of our Cooperation Agreement and Joint Committee is to provide a framework for enhancing cooperation between Cambodia and the EU,” he said.

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