Logo of Phnom Penh Post newspaper Phnom Penh Post - US senator pushes MFN for Cambodia

US senator pushes MFN for Cambodia

US senator pushes MFN for Cambodia

W

ASHINGTON - Praising Cambodia's steps toward democracy, Senator John McCain

introduced legislation this month designed to give the country new US trade

privileges.

The Republican from Arizona said Cambodia should be awarded

Most Favored Nation (MFN) trading status in recognition of its "significant

progress toward democracy and peace."

Most countries are awarded

so-called MFN, which lets them sell goods in the United States at low tariff

levels, and McCain said Cambodia was only excluded due to an anomaly in U.S.

trade law.

For Cambodian to win MFN status under McCain's proposal, it

must allow free emigration, reach a bilateral deal with the United States and

have its new status approved by Congress.

McCain said trade, not

continued isolation, will bolster Cambodia's human-rights gains and steps toward

democracy.

He said: "It is economic development, not the eternal good

will and generosity of the international community, that will ultimately justify

Cambodia's faith in democracy and free markets.

"It is my hope that with

proper improvements in its infrastructure, giving Cambodia MFN status will help

attract the capital investment it needs."-Reuters

Banteay Meanchey

rice 

FARMERS in Banteay Meanchey province have already ploughed 1,000 ha of rice

fields, according to incomplete statistics.

In this rainy rice cropping,

the province plans to put 150,000 ha under rice, an official said. - AKP

MOST VIEWED

  • ‘Dire consequences’ from sanctions, warns AmCham

    American businesspeople in Cambodia have warned that any sanction against the Kingdom would have “dire consequences” that could push Cambodia even further into the arms of China. In a letter to US senators and representatives dated Monday, the American Chamber of Commerce Cambodia (AmCham) said

  • Protests planned in New York as Hun Sen to attend the UN

    Prime Minister Hun Sen will speak at the United Nations General Assembly in New York this week. But US-based supporters of the Supreme Court-dissolved Cambodia National Rescue Party (CNRP) plan to throw eggs at his car as part of a series of protests to coincide

  • CPP: ‘Behave or Sokha suffers’

    The ruling Cambodian People’s Party (CPP) spokesman warned Kem Monovithya on Thursday that her attempt to damage “national reputation and prestige” would lead to her father, Kem Sokha, receiving even harsher punishment. Sok Eysan issued the warning as Monovithya, who is the court dissolved

  • Preah Sihanouk beach developments halted

    After receiving an order from Hun Sen, Minister of Land Management Chea Sophara led a team of experts and relevant officials to Sihanoukville to call a halt to the illegal development of a beach. The prime minister ordered the Prek Treng beach in Otres commune