In a significant move to promote socio-economic development, Cambodia and Japan are set to sign an exchange of notes on Japanese grant aid worth JPY 1,001 million (approximately USD 7.2 million). The agreement, scheduled for signing on December 10, 2024, reflects Japan’s commitment to supporting the Royal Government of Cambodia’s efforts to drive economic growth and social progress.
The grant assistance is aimed at implementing the Economic and Social Development Programme, a key initiative of the Cambodian government. This programme focuses on promoting sustainable development, reducing poverty, and improving living standards for the Cambodian people. The Japanese grant aid will play a crucial role in supporting these objectives, thereby strengthening the Comprehensive Strategic Partnership between the two countries.
The Comprehensive Strategic Partnership is a cornerstone of bilateral relations between Cambodia and Japan, with both nations working together to promote mutual understanding, cooperation, and trust. This partnership has yielded numerous benefits for both countries, including increased trade, investment, and people-to-people exchanges.
The grant aid programme is part of Japan’s broader efforts to support development in Southeast Asia, particularly in the areas of infrastructure, human resource development, and environmental protection. By providing this financial assistance, Japan aims to contribute to Cambodia’s transformation into a more prosperous and stable nation, while also enhancing regional stability and security.
The signing of the exchange of notes on December 10, 2024, marks an important milestone in the Cambodia-Japan partnership, underscoring the commitment of both nations to working together towards a brighter future for the people of Southeast Asia. As the two countries continue to deepen their ties, they will undoubtedly play a significant role in shaping the regional and global agenda.
In conclusion, the $7.2 million grant aid from Japan to Cambodia is a testament to the strong diplomatic ties between the two nations, with far-reaching implications for socio-economic development in Southeast Asia.
on this story, please contact:
- Contact: Ministry of Foreign Affairs and International Cooperation
- Contact: Department of Information
- Contact: Press Office
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