Logo of Phnom Penh Post newspaper Phnom Penh Post - Singapore PM Signs Investment Pact

Singapore PM Signs Investment Pact

Singapore PM Signs Investment Pact

S ingapore Prime Minister Goh Chok Tong (pictured above, with (right) Cambodian

Foreign Minister Ung Huot) and Cambodia's co-Prime Ministers signed a bilateral investment

pact and air link agreement Nov 4 guaranteeing free transfer of profits and protecting

Singapore businesses from possible future nationalization.

The air link agreement would likely result in more flights between the two countries,

subject to an assessment of profitability, according to a Cambodian official.

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