Phnom Penh (FN), Oct. 12 – Cambodian Prime Minister Hun Sen and Chinese State Councilor, Minister of Foreign Affairs Wang Yi presided over the signing ceremony of Cambodia-China Free Trade Agreement (CCFTA) and three other documents.
Held at the Peace Palace Phnom Penh, the four documents signed today include CCFTA; Agreement on China Financing USD 140 million Grant Aids to Cambodia; the Exchange of Note for the Feasibility Study on the Project of Improvement of Sihanoukville Provincial Referral Hospital; and the Exchange of Note for the Feasibility Study on the Project of the Municipal Sewerage System Development Project in Sihanoukville.
The grant aids worth of USD 140 million will be used to implement Cambodia’s top priority projects in 2020, including establishing undersea fiber-optic communications cable connecting Sihanoukville-Hong Kong; constructing national road 71C; rural power transmission line phase VII; Cambodian rice productions and exports project; building irrigation and flood protection system of Stung Prek Tnoat; expanding and upgrading national road 41, 33 and 31.
Minister of Foreign Affairs Wang Yi arrived Phnom Penh on Sunday for an official visit from 11-12 October 2020. He will depart this afternoon for the tour to Malaysia, Laos, and Thailand, and pay a transit visit to Singapore on 15 October 2020, Foreign Ministry spokesperson Hua Chunying announced Friday.
Wang Yi’s visit to Cambodia during COVID19 will further strengthen the long-lasting relations of traditional friendship, solidarity, fraternity and fruitful cooperation between Cambodia and China.