Logo of Phnom Penh Post newspaper Phnom Penh Post - PM meets with South Korea’s former National Assembly president

PM meets with South Korea’s former National Assembly president

Content image - Phnom Penh Post
Park Byeong-Seung met with Prime Minister Hun Sen on January 11 at the Peace Palace in Phnom Penh. SPM

PM meets with South Korea’s former National Assembly president

The former president of the Republic of Korea’s National Assembly Park Byeong-Seung said he would help boost Cambodia-Korea bilateral relations and mobilise funds to help with mine action in the Kingdom. He also said he would encourage South Korean investors to invest in Cambodia.

Park Byeong-Seung met with Prime Minister Hun Sen on January 11 at the Peace Palace in Phnom Penh.

During the meeting, Park Byeong-Seung recalled that Hun Sen used to request his help with three things: The Cambodia-South Korea Free Trade Agreement, providing loans for construction of the Cambodia-Korea friendship bridge and increasing the quota for Cambodian migrant workers to Korea.

Park Byeong-Seung said the two first requests were successful, while the number of Cambodian migrant workers to South Korea had increased by 40 per cent recently.

He said that what remains to be done is boosting Cambodia-Korea bilateral relations, finding funds for mine action and encouraging Korean investors to invest in Cambodia because the Kingdom has a good investment environment.

He said the investment environment includes a large and youthful labour force of good quality, the use of US dollars and the benefits of the Cambodia-ROK Free Trade Agreement, all of which makes it attractive for expansion of investment across several sectors.

MOST VIEWED

  • Joy as Koh Ker Temple registered by UNESCO

    Cambodia's Koh Ker Temple archaeological site has been officially added to UNESCO’s World Heritage List, during the 45th session of the World Heritage Committee held in Riyadh, Saudi Arabia, on September 17. The ancient temple, also known as Lingapura or Chok Gargyar, is located in

  • Ream base allegations must end, urges official

    A senior government official urges an end to the allegations and suspicions surrounding the development of Cambodia’s Ream Naval Base, now that Prime Minister Hun Manet has addressed the issue on the floor of the 78th UN General Assembly (UNGA 78). Jean-Francois Tain, a geopolitical

  • Cambodia set to celebrate Koh Ker UNESCO listing

    To celebrate the inscription of the Koh Ker archaeological site on UNESCO’s World Heritage List, the Ministry of Cults and Religion has appealed to pagodas and places of worship to celebrate the achievement by ringing bells, shaking rattles and banging gongs on September 20. Venerable

  • CP denied registration documents by ministry

    The Ministry of Interior will not reissue registration documents to the Candlelight Party (CP). Following a September 21 meeting between ministry secretary of state Bun Honn and CP representatives, the ministry cited the fact that there is no relevant law which would authorise it to do

  • Cambodian diaspora laud Manet’s UN Assembly visit

    Members of the Cambodian diaspora are rallying in support of Prime Minister Hun Manet’s forthcoming visit to the 78th UN General Assembly (UNGA 78) in the US’ New York City this week. Their move is an apparent response to a recent call by self-exiled former

  • After three deferrals, Capital Gains Tax to take effect Jan 1, 2024

    The General Department of Taxation (GDT) will implement the Capital Gains Tax starting January 1, 2024 to after being deferred three times as industrial players warn that the implementation might have some negative impact on the property market growth, which is down due to the economic downturn.