DEBT RELIEF
Cambodia has asked the United States to forgive some US$300 million of debt incurred by the Lon Nol regime that ruled Cambodia between 1970 and 1975, officials said. "We want to see the US cancel Cambodia's debts as China, Hungary and the [International Monetary Fund] have done," said Cheam Yeap, chairman of the National Assembly's finance and banking commission. He said the proposal was made during a visit by parliamentarians to the US from May 30 to June 9 that was organised by the National Democratic Institute. Cheam Yeap said the delegation was also soliciting US investments and requesting a review of quotas on Cambodian exports.
Contact PhnomPenh Post for full article
Post Media Co LtdThe Elements Condominium, Level 7
Hun Sen Boulevard
Phum Tuol Roka III
Sangkat Chak Angre Krom, Khan Meanchey
12353 Phnom Penh
Cambodia
Telegram: 092 555 741
Email: [email protected]