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Joint Statement of the Governments of the People’s Republic of China and the Kingdom of Cambodia

During a state visit to Cambodia (10-11 January 2018), led by Li Keqiang, the Chinese Premier, the two countries agreed to accelerate the alignment of China’s Belt and Road Initiative and 13th Five-Year Plan and Cambodia’s Industrial Development Policy 2015-2025. In line with this, both parties committed to supporting enterprises in both countries as they sought to forge mutually-beneficial long-term co-operation, while also expanding the scale of bilateral trade and strengthening collaboration in the field of quality inspection.
 
For its part, China pledged to continue to assist Cambodia in the development of a number of key service areas, including transportation, water conservation, mine clearances, education and healthcare. It will also look to proactively advance the construction of various projects deigned to boost employment prospects within the country. Chinese enterprises will, furthermore, be encouraged to deepen co-operation with their Cambodian counterparts in several key sectors, notably infrastructure development, agriculture, water resources, energy, communications, industry and tourism. At the same time, they will continue to play a major role in the construction of several previously-approved infrastructure projects, including the Phnom Penh-Sihanoukville Port Expressway.

It was also resolved that the two countries would look to enhance their co-operation in the agricultural sector, particularly with regard to establishing co-op demonstration parks and deep processing parks for agricultural products. Additionally, it was agreed to jointly promote the development of Cambodian agricultural product processing, warehousing and distribution.

For further details (in Chinese), please refer to the following link:
http://www.fmprc.gov.cn/web/ziliao_674904/1179_674909/t1525092.shtml

Content provided by Picture: HKTDC Research
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