Logo of Phnom Penh Post newspaper Phnom Penh Post - Hun Sen leads CPP officials to China

Hun Sen leads CPP officials to China

Hun Sen leads CPP officials to China

Prime Minister Hun Sen has taken a large group of officials from his Cambodian People's

Party (CPP) on a six-day trip to China, sparking warnings about the legality of loans

signed by a caretaker government.

The Prime Minister is scheduled to meet Chinese President Hu Jintao, attend the Boao

Economic Forum, and visit several provinces.

The visit will strengthen the long historic relationship between Cambodia and China,

Hun Sen told reporters at the airport before his departure on April 19.

Hor Nam Hong, Minister of Foreign Affairs and one of those on the trip, told reporters

that China had promised to sign 16 bilateral agreements with Cambodia during the

visit, including four contracts of Chinese-Cambodian private investment.

However, Sam Rainsy Party lawmaker Keo Remy warned that any loan signed between a

foreign country and the caretaker government without the approval of National Assembly

is illegal.

"If a caretaker government borrows money from a foreign country without approval

of the National Assembly, I think that Cambodia's administration is being adopted

into a communist style," Remy said on April 22.

Khmer Intelligence, an anonymous but often-accurate website disseminating political

information, claimed that several visits by high-ranking officials of the Chinese

Communist Party had resulted in $50 million being given to Cambodia to support the

caretaker government's worsening financial crisis.

The website wrote on April 9 that the a large portion of the money is earmarked for

a group of business tycoons who are the financial pillars of the ruling CPP, who

will be asked to invest in a number of industries to consolidate the CPP grip on

the economy.

Meanwhile, the almost-nine-month deadlock between political parties continues, with

the negotiators from the CPP and Funcinpec scheduled to next meet on April 28 in

Phnom Penh.

All leaders of the three main political parties are out of the country.

MOST VIEWED

  • Proof giants walked among us humans?

    For years a debate has waged about whether certain bas relief carvings at the 12th-century To Prohm Temple, one of the most popular attractions at the Angkor Wat Temple Complex in Siem Reap province, depicted dinosaurs or some rather less exotic and more contemporary animal,

  • New US bill ‘is a violation of Cambodian independence’

    After a US congressmen introduced bipartisan legislation that will enact sanctions on Cambodian officials responsible for “undermining democracy” in the Kingdom, government officials and the ruling Cambodian People’s Party on Sunday said they regarded the potential action as the “violation of independence and sovereignty

  • Long way to go before Cambodia gets a ‘smart city’

    Phnom Penh, Siem Reap and Battambang will struggle to attain smart city status without adopting far reaching master plans, according to officials tasked with implementing the program. The brainchild of the Association of Southeast Asian Nations (Asean), the smart city program seeks to link up

  • Japan bank buys major stake in ANZ Royal Bank

    Japan's largest bank acquired more than half of ANZ’s shares in Cambodia on Thursday, according to a statement from Kith Meng’s Royal Group. Japan's JTrust Bank, announced that they had acquired a 55% of stake in ANZ Royal Bank. According to a Royal Group