Viet Nam, Cambodia target 1 billion USD in trade
Both Viet Nam and Cambodia are of the opinion that two-way trade between the neighbours could breach the 1 billion USD barrier this year.
The consensus was reached during the 9th meeting of the Viet Nam-Cambodia Joint Committee in Phnom Penh on August 20-21, which saw the attendance of Deputy Prime Minister-cum-Foreign Minister Pham Gia Khiem, Chairman of the Vietnamese sub-committee, and his Cambodian counterpart, Hor Namhong.
Both sides decided to focus their efforts on education and training, infrastructure construction, trade, investment, energy, transport, health care, mining, oil and gas, agriculture and seafood processing.
The speeding up of border marker work for completion by the self imposed 2008 deadline was also a prominent discussion point at the meeting, along with trans-national crime, the conducting of joint naval patrols and preliminary negotiations on an extradition treaty.
The officials urged localities, especially provinces on both sides of the borderline, to increase cooperation and businesses to build more power plants along Se San river.
At the meeting, the officials also reviewed the implementation of agreements signed at the last event that was held in Viet Nam’s central Thua Thien-Hue province in October 2006.
The 10th meeting of the joint committee has been tentatively proposed to be held in Viet Nam next year.-(VNA)
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