In a statement released on 21 Sep 2023, the Ministry of Foreign Affairs and International Cooperation welcomed the new Prime Minister of Cambodia, Samdech Moha Borvor Thipadei HUN MANET, expressing congratulations on his election. The ministry praised China’s support for Cambodia’s development, citing the country’s commitment to strengthening ties with ASEAN nations, including Cambodia.
The announcement made on 21 Sep 2023 highlighted the significance of the upcoming 20th CAEXPO and CABIS (China-ASEAN Expo and Business & Investment Summit), which will take place in Guangxi, China. The event promises to deepen cooperation between China and Cambodia, with a focus on infrastructure development, industrial support, and technical training.
According to the ministry, Guangxi is set to invest USD 1 million dollars in the “Fish and Rice Corridor” project, aimed at promoting poverty alleviation and economic growth in the region. This initiative is part of China’s efforts to build a stable and sustainable “diamond hexagon” cooperation framework with Cambodia.
The 10th anniversary of the Belt and Road Initiative (BRI) and the 65th anniversary of diplomatic ties between China and Cambodia are also being celebrated this year, highlighting the importance of bilateral relations in the region. The ministry expressed its gratitude to Prime Minister Hun Sen for his previous efforts in promoting Cambodia-China cooperation.
The ministry’s statement concluded by wishing Prime Minister HUN MANET a successful visit to Guangxi, where he will lead a delegation to the 20th CAEXPO and CABIS. This event marks an significant milestone in China-Cambodia relations, underscoring the country’s commitment to supporting Cambodia’s development and growth.
As China and Cambodia continue to strengthen their ties, the upcoming CAEXPO and CABIS promise to be a major platform for cooperation between the two nations. With a focus on infrastructure development, industrial support, and technical training, this event is expected to contribute significantly to the building of a high-quality, high-level, and high-standard China-Cambodia community with a shared future.
Key Highlights:
- China invests USD 1 million dollars in “Fish and Rice Corridor” project
- Guangxi enhances friendly exchanges and practical cooperation with Cambodian counterparts
- 10th anniversary of Belt and Road Initiative (BRI) and 65th anniversary of diplomatic ties celebrated this year
Cambodia and China’s Strategic Partnership:
Cambodia and China have a long history of cooperation, with a strong emphasis on building a strategic partnership. The two countries share deep cultural and historical ties, dating back to the 7th century when Buddhism was introduced from India. Over time, Cambodia and China have developed close economic, political, and security ties, with China becoming one of Cambodia’s largest trading partners.
The Belt and Road Initiative (BRI) has also played a significant role in strengthening bilateral relations, as China offers Cambodia access to infrastructure development, industrial support, and technical training. The initiative aims to promote regional connectivity and cooperation, while fostering economic growth and stability in the region.
In conclusion, the upcoming CAEXPO and CABIS marks an exciting new chapter in China-Cambodia relations, with a focus on promoting economic growth, poverty alleviation, and infrastructure development. As Cambodia continues to strengthen its ties with China, the country looks forward to a brighter future for regional cooperation and prosperity.