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Cambodia

Cambodia’s big old friend : China

Cambodia’s persistent infatuation with China was blatantly displayed on the world stage in 2012 when, as ASEAN Chair, it refused to address the territorial disputes in the South China Sea. This widely commented incident once again underscored the close relationship between both countries.

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Cambodia’s persistent infatuation with China was blatantly displayed on the world stage in 2012 when, as ASEAN Chair, it refused to address the territorial disputes in the South China Sea. This widely commented incident once again underscored the close relationship between both countries.

Cambodia falls to China’s charm does not come as a surprise. The benefits from being among China’s most favoured nations are quite obvious. Cambodia receives Chinese investments and economic and military aid, both in kind and money, with ‘no strings attached’ — as the saying goes. The Cambodian government depicts China as a big old friend, a friendship that goes back a long time in history and one that has survived many regime changes. The friendship between China and the current regime in Phnom Penh was confirmed after the 1997 coup.

The coup saw the leader of the Cambodian People’s Party, Hun Sen, oust then Prime Minister Prince Norodom Ranariddh, undoing the efforts of the international community to administer peace and good governance in the country since the Paris peace agreements in 1991

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Why China charms Cambodia

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Cambodia

Cambodia faces EU sanctions over human right abuses

In 2018, exports to the European Union accounted for more than a third of Cambodia’s total exports and were valued at €4.9 billion (US$5.5 billion), of which 99 per cent were eligible for EBA preferential duties

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In February 2019, the European Union launched an 18-month process over whether or not to maintain Cambodia’s preferential access to the EU market under the Everything But Arms (EBA) trade scheme.

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Cambodia-Thailand trade to develop further

Cambodia and Thailand have agreed to develop more strategies to boost bilateral trade, to achieve a target of USD 15 billion by 2020.

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Cambodian people used banks less than any other country in the Asia-Pacific region last year in percentage terms of using financial services, recent data from the World Bank showed.

Cambodia and Thailand have agreed to develop more strategies to boost bilateral trade, cross border development and investment to achieve a target of USD 15 billion in trade between the two ASEAN neighbors by 2020.

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Cambodia

Rice and poverty in the Greater Mekong Sub-region (GMS)

Nearly 60 million of them are involved in rice production, growing collectively over 44% of the world’s rice

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The Greater Mekong Sub-region (GMS) is a major global rice producer and exporter but its population suffers from serious levels of poverty and malnutrition. (more…)


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