Cambodia, Thailand Agree to Boost Trade and Investment

image004Cambodia this morning hosted the 1st Meeting of the Joint Committee on Border Area Development and Connectivity of Cambodia and Thailand at the Ministry of Foreign Affairs and International Cooperation.

The meeting was presided over by Cambodian Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation H.E. Hor Namhong and his Thai counterpart H.E. Surapong Tovichakchaikul, with the participation of senior officials from both countries as well as governors and deputy governors of provinces along the common border.

The meeting ended with fruitful results and both sides agreed to boost trade, investment and improve livelihoods of the people living along the border of both countries.

Cambodia and Thailand agreed to establish two special economic zones in Banteay Meanchey and Koh Kong provinces to strengthen and expand the economic and trade cooperation between the two countries, H.E. Hor Namhong said at joint press briefing upon the meeting.

Thailand also pledged to help Cambodia’s road expansion projects to improve the connectivity between both countries, and the electricity transferring projects as well as to push for the investment of 1,800 megawatt coal power plants in Koh Kong, he underlined.

In the meeting, both sides also agreed to open four more international border checkpoints along the border of both countries, added H.E. Hor Namhong.

This meeting was held on the initiative of Cambodian Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen and Thai Prime Minister H.E. Ms. Yingluck Shinawatra to boost bilateral relations and cooperation between the two neighboring countries.

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