The US has demonstrated its commitment to continuing to strengthen and expand cooperation and support for Cambodia in all areas, according to a May 12 press release from the Kingdom's Ministry of Economy and Finance.
It said that during a May 9 meeting with finance minister Aun Pornmoniroth, US ambassador W Patrick Murphy congratulated Cambodia's success in curbing the spread of Covid 19 and sustaining rapid economic growth.
The ambassador also affirmed that the US would continue to expand cooperation in all areas of economy, trade, green investment and energy as well as support bilateral trade, which contributes to maintaining Cambodia’s economic stability and prosperity.
Kerry Pelzman, mission director at the US Agency for International Development (USAID), said the body would continue to strengthen its partnership and increase financial cooperation in sustainable and inclusive development in Cambodia. USAID supports priority areas like health, education, the environment and agriculture. Its work strengthens the Kingdom’s resilience and increases exports of value-added agricultural products, thereby improving food security.
Pornmoniroth extended his "profound" thanks to the government and people of the US for their continued contribution to Cambodia’s development.
“As an important development partner, the US has provided formal development financing, technical assistance and grants that support the Cambodian government's priority areas for development, including health, education, the environment, agriculture, governance, democratic development, and mine clearance,” he said.
The ministry added that the government has made efforts to enact reforms in all fields and laid out strategies to attract investors, to further strengthen Cambodia-US cooperation. Cambodia has facilitated and created a conducive environment for doing business and investing, through the implementation of investment laws.