Cambodia and Monaco have formally established diplomatic relations to foster mutual understanding and strengthen friendship and cooperation between people of the two countries, a joint statement obtained by The Post on Tuesday said.
The statement, signed by the Cambodian and Monegasque ambassadors to France, said that diplomatic relations were being established in accordance with the purpose and principles of the UN Charter and international laws.
The countries promise to respect and promote international peace and security, preserve equality between the two nations, defend each other’s national sovereignty and independence, make mutually beneficial international agreements, respect the countries’ territorial integrity and not interfere in each other’s internal affairs, the statement said.
“As testimonies, the extraordinary and plenipotentiary ambassadors of the two countries, who were authorised by their respective governments, signed the two joint statements in Khmer and French. The two texts are of equal value,” the statement said.
Government spokesperson Phay Siphan told The Post on Tuesday: “Diplomatic relations were established in line with the Cambodian constitution and the policies of the Royal Government of Cambodia with Prime Minister Hun Sen as the head."
“Through this collaboration, there are very many matters which we can speak to one another regarding the expectations of Cambodia and Monaco."
“Monaco comes to Cambodia to collaborate in the economic, trade and diplomatic affairs sectors. The three points are combined to form a joint collaboration between one another.”
Kin Phea, the director of the International Relations Institute at the Royal Academy of Cambodia, said the agreement was a part of Cambodia’s plan to expand collaboration and relations with other countries.
“Monaco is a small country with limited natural resources. But in the framework of international relations, by establishing formal diplomatic ties with many countries, it demonstrates the significance of Cambodia’s role in the international arena."
“The forming of diplomatic relations will significantly benefit the economic sector,” Phea said.
Monaco is the second smallest country in the world after Vatican City, with a population of about 34,000 people.
Lying on the Mediterranean Sea in Western Europe near Southeastern France, French is the most common language.
According to the UN, in 2017, the Principality of Monaco had the world’s second-highest gross domestic product per capita.
A sovereign and independent state, Monaco is not a member of the EU.