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Logo of Phnom Penh Post newspaper Phnom Penh Post - Treaty aims to attract, secure Hungarian FDI

Treaty aims to attract, secure Hungarian FDI

A bilateral investment agreement between Cambodia and Hungary will be sent to the National Assembly floor this week after it gained approval from the Council of Ministers on Friday, according to spokesman Phay Siphan.

The agreement is aimed at attracting foreign direct investment from Hungary, while protecting the European Union member state from any negative investment impact.

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