Cambodia gets further boost from APEC poll

Cambodia gets further boost from APEC poll

SINGAPORE
CAMBODIA has the second-strongest case for inclusion in the Asia Pacific Economic Cooperation forum (APEC), behind only India, according to an informal poll of business leaders from member countries in Singapore on Saturday.

The South Asian economic powerhouse was rated as having the strongest case for inclusion of the dozen nations that are understood to have expressed an interest in joining APEC when a moratorium on new members expires next year.

“Cambodia should be a member; it deserves to be,” said Dr Donald Gordon, executive director of The Riley Institute in the United States.
Six other countries are also viewed as having a strong case – Laos, Myanmar, Macau, Mongolia, Pakistan and Sri Lanka.

Corporate heads from APEC’s current 21 member economies were asked to rate these aspirants according to which they felt had the best credentials.

India was widely expected to poll the top spot, as its huge and rapidly growing economy is viewed by most businessmen in the region as being essential to the further development of APEC.

Some business leaders felt that voters might turn away from Cambodia due to the ongoing dispute with Thailand over the appointment of former Thai premier Thaksin Shinawatra as an economic adviser to Prime Minister Hun Sen.

Voters said Cambodia had a strong instrinsic right to be a member of APEC since it has a coastline open to the Pacific, it is already a member of the WTO and ASEAN, and, most importantly, it has an open trade policy of the kind that appeals to APEC members.

MOST VIEWED

  • Hun Sen’s China visit ‘a good opportunity’

    Prime Minister Hun Sen’s visit to Beijing on Sunday to discuss economic and trade issues presents a good opportunity for the Kingdom to strengthen Chinese ties and counter punitive measures by the West, an analyst says. The prime minister’s four-day official visit to

  • Former chief bodyguard receives royal pardon

    The former chief bodyguard of late Senate president Chea Sim has received a royal pardon nearly eight years after he was sentenced to 15 years behind bars on several charges, according to a royal decree dated November 12, last year, and obtained by The Post on Wednesday.

  • Close to the edge: Hair raising pictures from Kulen Mountain

    A new hair raising attraction on Kulen Mountain has finally opened to the public, with people flocking to the protruding cliff edge overlooking green mountainous forests to take photographs. The giant overhanging rock is situated in an area known as Mahendraparvata – an ancient city of

  • US warned not to interfere despite successful meeting

    A senior Ministry of National Defence official said the Tuesday meeting between the US Deputy Assistant Secretary of Defence for South and Southeast Asia Joseph H Felter and General Neang Phat had helped strengthen relations between the two countries’ militaries. However, a senior Cambodian People’