Cambodia welcomed US President Bill Clinton's lifting of the economic embargo on
Vietnam, minister of Foreign Affairs Prince Norodom Sirivuth was quoted by AFP
as saying Feb 4.
"Cambodia welcomes the good news to lift the embargo. We
think it is a good thing to achieve economic development and stability in the
region," the prince said on his return from an official visit to
Prince Sirivuth said he met Vietnamese officials during a stop-over
in Ho Chi Minh on his way back from Vientiane and invited his Vietnamese
counterpart to visit Cambodia Feb 16-18.
The Vietnamese foreign
minister's trip will lay the groundwork for a subsequent visit by Vietnamese
premier Vo Van Kiet, the prince said.
U.S. embargo was imposed on what
was then North Vietnam in 1964 and was expanded to cover all of the country when
Saigon fell in 1975.
With U.S. firms on the sidelines, non-U.S.
investment of $7.8 billion has been pledged for 850 projects in
- AKP & Reuters