Search This Blog

Tuesday, September 15, 2009

Cambodia PM lauds China's aid

More exemplars of China making friends, without any complicated conditions apparently. It's getting more and more apparent South-East Asia's place as an extension of China's strategic southern 'shield'.

Quotable Quotes - "China respects the political decisions of Cambodia...We have a mutual understanding and respect each other." Cambodia Premier Hun Sen.

---

Cambodia PM lauds China's aid
Reuters
Source - Straits Times 15 September 2009

PHNOM PENH - CAMBODIA'S premier lauded China on Monday for providing billions of dollars of aid without imposing conditions, a subtle jibe at Western donors who seek curbs on human rights abuses and corruption.

'They are quiet, but at the same time they build bridges and roads, and there are no complicated conditions,' Prime Minister Hun Sen at a ceremony for the construction of a new bridge built with US$128 million (S$182.6 million) of Chinese aid.

Mr Hun Sen recently rejected World Bank aid intended for settling land disputes after the Washington-based institution and rights groups accused Cambodian authorities of forcibly evicting tens of thousands of people from their homes.

Speaking to about 1,000 villagers and China's ambassador in Prek Kdam, about 50 km (30 miles) north of the capital Phnom Phen, Mr Hun Sen said Beijing's aid had helped Cambodia become more independent while fostering social and economic development.

'China respects the political decisions of Cambodia,' he said. 'We have a mutual understanding and respect each other.' Cambodia's government has come under fire recently, accused of corruption and undermining the judiciary, although analysts say the investment environment is stable after decades of poverty, brutalilty and instability.

China is Cambodia's biggest aid donor, providing US$600 million in 2007 and about US$260 million in 2008. It also leads the country's foreign direct investment, with about US$1 billion spent in the war-scarred South-east Asian nation this year.

Mr Hun Sen added he also supported China's multimillion dollar investments in hydroelectric power. Western environmentalists have accused Cambodia of failing to provide adequate environmental safeguards for such projects. -- REUTERS

1 comments:

Dr Purva Pius said...

Hello Everybody,
My name is Mrs Sharon Sim. I live in Singapore and i am a happy woman today? and i told my self that any lender that rescue my family from our poor situation, i will refer any person that is looking for loan to him, he gave me happiness to me and my family, i was in need of a loan of S$250,000.00 to start my life all over as i am a single mother with 3 kids I met this honest and GOD fearing man loan lender that help me with a loan of S$250,000.00 SG. Dollar, he is a GOD fearing man, if you are in need of loan and you will pay back the loan please contact him tell him that is Mrs Sharon, that refer you to him. contact Dr Purva Pius,via email:(urgentloan22@gmail.com) Thank you.

BORROWERS APPLICATION DETAILS


1. Name Of Applicant in Full:……..
2. Telephone Numbers:……….
3. Address and Location:…….
4. Amount in request………..
5. Repayment Period:………..
6. Purpose Of Loan………….
7. country…………………
8. phone…………………..
9. occupation………………
10.age/sex…………………
11.Monthly Income…………..
12.Email……………..

Regards.
Managements
Email Kindly Contact: urgentloan22@gmail.com