Vietnam, Cambodia boost comprehensive cooperation
The first visit of PM Hun Sen during his fourth term (Sept. 2008-2013) will be made in the context of growing bilateral relations under the motto “best neighbourliness, traditional friendship and comprehensive and long-lasting cooperation”.
The two countries have exchanged a number of visits by high-level delegations. After his coronation in October 2004, Cambodian King Norodom Sihamoni twice visited Vietnam , first in March 2006 and again in June 2008. Vietnamese State President Nguyen Minh Triet visited Cambodia in February 2007.
The two sides convened the fourth meeting on cooperation and development of their border provinces in February 2008 and the 10th session of the Joint Commission for Economic, Cultural and Scientific-Technological Cooperation last October.
The two countries have enjoyed significant progress in their economic, trade and investment cooperation. Two-way trade has been steadily increasing, from 180 million USD in 2000 to almost 1.2 billion USD in 2007. They have set a target of 2 billion USD in two-way trade turnover by 2010.
In addition, Vietnam ’s investment in Cambodia reached the 100 million USD mark in 2007.
The two countries’ levels of cooperation in matters such as education and training, energy, health care, transport, and national security and defence have advanced considerably.
The two sides have enjoyed a good working relationship in dealing with issues related to the borderline and border security and order, and have agreed to complete the border demarcation and landmark plantation project by 2012.
The two countries have also worked to increase cooperation within a number of international organisations, such as the Association of Southeast Asian Nations (ASEAN), and other regional and international cooperation mechanisms, including the Mekong River Commission (MRC), the Greater Mekong Sub-region (GMS), the East-West Economic Corridor Development Programme (EWEC), and the Ayeyawady-Chao Praya-Mekong Economic Cooperation Strategy (ACMECS).
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