Korean President Moon Jae-in (R) talks with Cambodian Prime Minister Hun Sen in Seoul (Photo:Yonhap)Hanoi (VNA) - CambodianPrime Minister Hun Sen said on February 4 that Cambodia hopes to attract moreinvestment from the Republic of Korea (RoK) by taking advantage of a doubletaxation avoidance agreement between the two countries.
During a meeting with Korean PresidentMoon Jae-in at Cheong Wa Dae in Seoul, Hun Sen stressed that the bilateralrelations are continuously developing as reflected by the signing of the doubletaxation avoidance deal and an agreement on mutual legal assistance in criminalmatters last November.
He asked Moon to encourage more Koreanfirms to do business in the Southeast Asian country.
The PM also noted that Cambodiabegan exporting mango products to the RoK at the start of this year.
Moon agreed that the bilateral tiesare continuing to strengthen on the basis of the firmer systemic foundation.
The two nations also launched ajoint study on the possibility of a bilateral free trade agreement lastNovember, he said.
Two-way trade rose to 1.3 billion USDin 2019 from 870 million USD two years earlier, according to the KoreaInternational Trade Association.
Moon said the RoK will cooperatewith Cambodia on its plan to host an Asia-Europe Meeting (ASEM) summit laterthis year.
He also requested Cambodia's supportfor the RoK's hosting of the second P4G summit in June./.
During a meeting with Korean PresidentMoon Jae-in at Cheong Wa Dae in Seoul, Hun Sen stressed that the bilateralrelations are continuously developing as reflected by the signing of the doubletaxation avoidance deal and an agreement on mutual legal assistance in criminalmatters last November.
He asked Moon to encourage more Koreanfirms to do business in the Southeast Asian country.
The PM also noted that Cambodiabegan exporting mango products to the RoK at the start of this year.
Moon agreed that the bilateral tiesare continuing to strengthen on the basis of the firmer systemic foundation.
The two nations also launched ajoint study on the possibility of a bilateral free trade agreement lastNovember, he said.
Two-way trade rose to 1.3 billion USDin 2019 from 870 million USD two years earlier, according to the KoreaInternational Trade Association.
Moon said the RoK will cooperatewith Cambodia on its plan to host an Asia-Europe Meeting (ASEM) summit laterthis year.
He also requested Cambodia's supportfor the RoK's hosting of the second P4G summit in June./.
VNA
