NEWSLETTER Washington DC 20011 No.39 August 6Th,2019
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Received by NSD/FARA Registration Unit 09/30/2019 3:08:23 PM Royal Embassy of Cambodia 4530 16th Street NW NEWSLETTER Washington DC 20011 No.39 August 6th,2019 Cambodian FM: No Foreign Military Bases in Deputy PM and Foreign Cambodia Minister Prak Sokhonn, during the ASEAN Post Ministerial Conference (PMC)+1 Session with the United States of America, held on August 1 in Bangkok, clarified on the rumor alleging that Cambodia has granted foreign military to use its Naval Base in Preah Sihanouk province. He reaffirmed that while Cambodia as a sovereign FM Prak Sokhonn at ASEAN FMs’ Meeting in Bangkok (Continue to page 2) Speaking at the ASEAN US Welcomes Cambodia’s Strong Defense of Foreign Ministers’ Meeting National Sovereignty in Bangkok, Thailand on August 1st, US Secretary of State Mike Pompeo referred to Cambodia’s denial of reports that the country had allowed the Chinese naval base and welcomed Cambodia’s strong protection of its national sovereignty. “Cambodia refuted reports (Continue to page 2) Secretary of State Michael R. Pompeo at U.S.-ASEAN Ministerial. Bangkokpost Cambodia Benefits From Lower Mekong Cambodia’s GDP Initiative Growth Forecasted at Cambodia has benefited stated Cambodian Foreign 7.1 Pct in 2019 from many activities under Minister Prak Sokhonn during Cambodia’s economic growth the Lower Mekong Initiative the LMI 10th Anniversary remains robust this year and (LMI) and is pleased to co- Ministerial Meeting held gross domestic product will chair with the U.S on the on August 1st, on the expand by 7.1 percent in 2019, “Human Development and sidelines of the 52nd ASEAN said the Cambodian Central Bank (NBC) in its latest Foreign Ministers’ Meeting Connectivity Pillar” at the biannual report, adding that first LMI Policy Dialogue and Related Meetings in (Continue to page 2) held in April in Bangkok, (Continue to page 2) Received by NSD/FARA Registration Unit 09/30/2019 3:08:23 PM Received by NSD/FARA Registration Unit 09/30/2019 3:08:23 PM Cambodia Benefits From... (MWDI), namely the launch of its data access platform and ‘Mekong Water’, with the goal of strengthening the coordinating role of the Mekong River Commission (MRC). The Meeting adopted the Joint Statement on the 10th Anniversary of the Lower Mekong Initiative. FM Prak Sokhonn (first from left) with lower Mekong colleagues, Secretary Pompeo (third) and ASEAN Secretary General LMI was launched in July Bangkok. He welcomed also Mekong sub-region to 2009 by the US Secretary the establishment of the meet trans-boundary of State and the Foreign LMI Public Impact Program. and common challenges Ministers of Cambodia, through the 15 programs. Laos, Thailand and Vietnam. The Meeting welcomed The Meeting welcomed the Myanmar joined in 2012. a decade of progress in ongoing progress on the capacity building in the Mekong Water Data Initiative Cambodian FM... valued the U.S.’s commitment effects would be avoided. state has the rights to in supporting the ASEAN The Meeting commended decide on the best options priorities in ASEAN the significant progress in and means to defend Community building across the implementation of the its territory, it would do the three pillars as well as Plan of Action to Implement so only in respect to the efforts to further advance the ASEAN-U.S. Strategic Constitution, which prohibits the ASEAN-U.S. Strategic Partnership (2016-2020) the presence of foreign Partnership. He also hoped and looked forward to military bases on its territory. that trade issues would be developing a new Plan of resolved in the near future so Action for the next five years. Minister Prak Sokhonn that the danger of spillover US Welcomes Cambodia... Cambodia’s GDP... that it is allowing a Chinese published in July an article economic growth this year will military installation to be built alleging Cambodia has be supported by the strong on its territory. The United signed a secret agreement performance of exports as States welcomes Cambodia’s with China to allow the well as the construction, real strong defense of its national latter’s armed forces to estate, and tourism sectors. sovereignty, and we use Ream Naval Base in The value of the country’s encourage other nations in the Preah Sihanouk province. imports and exports region to follow Cambodia’s combined reached $17.3 billion lead in protecting it,” he said. The Cambodian government in the first six months of the has categorically year, NBC noted in the report. The Wall Street Journal denied that fake news. Exports were valued at 2 Received by NSD/FARA Registration Unit 09/30/2019 3:08:23 PM Received by NSD/FARA Registration Unit 09/30/2019 3:08:23 PM $6.8 billion (48.8 percent of destinations were the that Cambodia’s preferential GDP) while imports reached European Union (33.2 percent trade status with the European $10.5 billion (73.6 percent of all exports), the United Union and the United States of GDP). Exports expanded States (28 percent), and could be lost in the near future by 13 percent in the first Japan (7.7 percent). Cambodia as the country becomes half of 2019, compared to 16 imported mostly from China an upper-middle income percent in the first half of 2018. (46 percent of all imports), economy. The government Cambodia mostly exported Thailand (15.6 percent), must strive to enter free trade travel goods and other Vietnam (13.2 percent), and agreements with countries in textile products, garment Japan (4.5 percent), NBC said. the region to sustain current and footwear, bicycles, and economic growth, she added. rice, according to the report. In the report, NBC’s director- Cambodia’s major export general Ms Chea Serey said Cambodia Attracts $5B Investment Projects in First Semester In the first half of this year, and garments accounted for general of the Garment a total of 153 investment 134 of those projects, worth a Manufacturers Association projects worth nearly US$5.2 combined $920.6 million. The in Cambodia (GMAC). billion have been approved, a tourism industry welcomed year-on-year increase of 48 11 projects ($3.7 billion), while Of the $5.2 billion invested in percent in terms of investment infrastructure attracted three the country, local investors capital, pointed out the projects ($424.6 million). account for 68.4 percent, Council for the Development while China is responsible of Cambodia (CDC) in The rise in FDI reflects for 25.4 percent. They are a report. The approved investors’ confidence in the followed by the British Virgin investment projects could country’s political stability and Islands (2.85 percent), create up to 167,330 jobs. in the reforms implemented Thailand (1.26 percent), by the government, said Kaing and England (0.5 percent). Agriculture, agro-industry, Monika, deputy secretary U.S-Based Habit Burger to Enter Cambodia became the franchisee, with which the company can operate Habit Burger outlets. It noted that a 25-stores development agreement has been reached between Amory F&B Company and The Habit Restaurants. The first store is expected to open in Phnom Penh by 2020. Malaysia to Import The Habit Restaurants, lnc, an Habit Burger Grill outlets set More Cambodia’s Rice American burger franchise, to open across the country. and Agro Products announced plans to expand its Amory F&B Company, a sister Ambassador of Malaysia to fast food chain to the Kingdom of Kampuchea Tela Company, Cambodia Eldeen Husaini market with a planned 25 LTD based in Cambodia, Bin Mohd Hashim told 3 Received by NSD/FARA Registration Unit 09/30/2019 3:08:23 PM Received by NSD/FARA Registration Unit 09/30/2019 3:08:23 PM Cambodian Minister of In September this year, development in Cambodia, Agriculture Veng Sakhon a group of Malaysian pointing out that more than during a meeting on July 30 businessmen will pay a 2.37 million tons of agro that Malaysia had decided visit to Cambodia to learn products have been exported to increase its import of more about the potential of to international markets, as Cambodian rice and is Cambodian agriculture sector, of July this year. He asked interested in other agro added the Ambassador. Malaysia to encourage its products such as pepper, investors to invest in agro longan, and palm oil. Minister Veng Sakhon briefed processing in Cambodia. his guest on the agricultural Belarus to Promote Investments in Cambodia The Ministry of Commerce tonnes of rubber per year The two countries also has urged Belarusian that can be used in the agreed to boost trade and investors to consider building manufacturing of tyres. economic cooperation that bus assembly facilities and will enable Belarus to export tyre factories in Cambodia Gennady Svidersky, machinery, tyres, and medical during the third session of Belarus’s First Deputy supplies to Cambodia while the joint committee on trade Industry Minister, said the Cambodia will be able to ship and economic cooperation government of Belarus rubber, agricultural products, between Cambodia and will continue to promote and seafood to the Eastern the Republic of Belarus held investments in Cambodia’s European country. They in Phnom Penh last week. agriculture, industry, health, also agreed to cooperate to and technology sectors to boost the development of The Ministry said Cambodia create jobs and contribute certain sectors in Cambodia, can produce up to 300,000 to national development. including the tourism industry. New Pediatric Heart Surgery Building Inaugurated A new pediatric heart surgery CEO of the Kantha Bopha King Norodom Sihanouk. building named “Pavillon Children’s Hospitals and The construction of the Kantha Bopha-Sihamoni representative of the Swiss three-storey “Pavillon Kantha Monineath” at Kantha Bopha Kantha Bopha Foundation, Bopha-Sihamoni Monineath” Children’s Hospital I in Phnom as well as Dr.