Phnom Penh (FN), May 20 – Asia is indeed a region with a prominent role in paving the way for sustainable and inclusive socio-economic development in the Post COVID19 era, Cambodian Prime Minister Hun Sen addressed at the 26th International Conference on “The Future of Asia” on Thursday.

Undoubtedly, the year 2020 was the most challenging year in the modern history of the world due to the spread of Covid-19 pandemic, which has caused severe public health crisis and led to the disruption of the global socio-economic development, the premier stated.

Samdech added that in parallel, the global economy experienced negative growth, which was unprecedented since the Global Financial Crisis, stemming from the sudden disruption of economic activities, trade, supply chains, connectivity and the sharp decline of global demands, coupled with the implementation of administrative measures related to travel restrictions and lockdowns to contain the spread of COVID19.

The premier also emphasized that in 2020, though the world as a whole experienced negative economic growth, some Asian countries were able to maintain positive growth. Moreover, currently some Asian countries have taken the leading role in promoting economic recovery in the region as well as the world through effective containment of the COVID19 in their countries, particularly providing supports to socio-economic recovery process for other countries in the region via various assistances, cooperation and initiatives.
=FRESH NEWS