Cambodia Hosts “China, Korea +1” Cooperation Meeting

Cambodia has hosted the China, Korea + 1 meeting � a platform to boost foreign affairs and trade cooperation among Cambodia, People's Republic of China, and the Republic of South Korea.

The event took place yesterday at the Council for the Development of Cambodia (CDC) here in Phnom Penh under the presidency of Cambodia's Minister attached to Prime Minister H.E. Sok Chenda Sophea, CDC Secretary General.

Representatives from Korea Trade-Investment Promotion Agency (KOTRA) and Ministry of Commerce of the People's Republic of China (MOFCOM) co-chaired the historic event for Cambodia.

China, Korea +1 cooperation was initiated by the Presidents of China H.E. Xi Jinping and South Korea H.E. Moon Jae-in.

The meeting hosted by Cambodia was guided a memorandum of understanding on investment cooperation between CDC and KOTRA signed on March 15 by Cambodian Prime Minister Samdech Akka Moha Sena Padei Techo Hun Sen and H.E. Moon Jae-in, President of the Republic of Korea during his visit to Cambodia.

As part of the meeting, H.E. Sok Chenda Sophea briefed the Chinese and Korean delegations on Cambodia's potential investment and support policies for all foreign investments, including those from China and South Korea.

The delegations of China and South Korea expressed their appreciation and thanked H.E. Sok Chenda Sophea for a productive hosting of the cooperation meeting.

They also invited the CDC Secretary General and other relevant Cambodian officials to attend the upcoming Korea's 2nd Business Forum.

Source: Agency Kampuchea Press