Phnom Penh (FN), Sep. 12 – Cambodian prime minister Hun Sen officially announced the opening of the ASEAN Economic Club in the kingdom, speaking at the 2022 ASEAN Leadership and Partnership Forum under the theme "Partnerships for a Cohesive and Responsive ASEAN", held on Monday in Phnom Penh.

“The Club will play a key role in promoting a more cohesive ASEAN economic integration through contribution in monitoring evaluating and advising, in an independent and professional manner, on the implementation of agreements reached by ASEAN leaders, particularly on free trade agreements, the Regional Comprehensive Economic Partnership (RCEP) Agreement and other agreements related to the economic pillar,” the premier underlined.

“In the recent 55th ASEAN Foreign Ministers' Meeting, I proposed the establishment of the ASEAN Green Deal that would allow our region to gradually transition into a community with sustainability, effective use of resources and resilience,” the premier continued.

Samdech said, “In this spirit, I would like to welcome the initiative of the KSI Strategic Institute for Asia Pacific and the Asia Vision Institute to establish the Green Economic or Investment Zone.”

Samdech added, “With the recent enactment of a new investment law, Cambodia is ready to host the very first green economic zone. I would also like to support the establishment of the Cambodia Economic Development Fund, which will contribute to the digital transformation and development of artificial intelligence (AI), and provision of necessary skills and equipment to Cambodia's workforce in the Fourth Industrial Revolution (4IR)”.