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Leaders of S. Korea and Cambodia agree to boost ties on multiple fields Updated: 2019-03-15 18:00:32 KST


With the hope of firming up their countries' relations,… South Korean President Moon Jae-in and his Cambodian counterpart, Prime Minister Hun Sen, have signed a series of deals to carry out joint studies in a range of fields like agriculture and finance.
After a summit meeting,… the two signed a five-year agreement in areas including health, welfare, transportation, tourism and education.
The two also called for efforts to quickly conclude negotiations on a tax treaty to help promote investment.
Also bringing the two sides closer together,… their ties through the Mekong River.

"The first Korea-Mekong Summit, scheduled for later, is all the more meaningful as it was proposed by Prime Minister Hun Sen with the aim of narrowing the development gap among ASEAN nations -- true consolidation."

The president promised more support for Cambodia under his New Southern Policy -- while adding that the Kingdom is already the world's second-largest destination for Seoul's official development aid.

"I hope to take our bilateral relations to the next level. This is in line with Korea's New Southern Policy, which will help with mutual prosperity and unity as well as people-to-people ties."

More opportunities are lined up in the remainder of the year, Seoul will host a special South Korea-ASEAN summit, marking the 30th anniversary of the establishment of dialogue between Seoul and the 10-member bloc.
As for other mutual interests of the two, efforts to establish peace on the Korean Peninsula and in the region.
The South Korean leader said denuclearization will open up new opportunities for businesses by expanding the possibility of economic cooperation between the two nations.

"Situated along the resource-rich Mekong River,… Cambodia has close links to the markets of China, the rest of ASEAN and India.
It's the perfect destination for the South Korean leaders’ pivot to ASEAN and India in order to build relations under the three pillars of his policies -- people, prosperity and peace.
From the banks of the Mekong Shin Se-min, Arirang News, Phnom Penh."
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