Cambodia's Prime Minister Hun Sen (2nd R) toasts South Korea's Foreign Affairs Minister Yu Myung-hwan (R) as South Korea's President Lee Myung-bak (2nd L) toasts Cambodia's Foreign Affairs Minister Hor Namhong at the Ministry of Foreign Affairs in Phnom Penh October 22, 2009. Lee is on an official visit to Cambodia.
REUTERS/Chor Sokunthea (CAMBODIA POLITICS)
Associated Press,
22nd October, 2009
PHNOM PENH, Cambodia -- Cambodia and South Korea have signed several agreements during a visit by the South Korean president.
Cambodian Foreign Minister Hor Namhong says two of the most important deals signed during Thursday's visit by South Korean President Lee Myung-bak cover extradition and the framework for $200 million in development loans from Seoul to Cambodia from 2009 to 2012.
The minister says other agreements concern mineral exploitation and joint mine exploration, investment in forest plantations and climate change.
South Korea's Yonhap news agency says South Korean investment in Cambodia totaled nearly $2.5 billion last year.
Cambodian Foreign Minister Hor Namhong says two of the most important deals signed during Thursday's visit by South Korean President Lee Myung-bak cover extradition and the framework for $200 million in development loans from Seoul to Cambodia from 2009 to 2012.
The minister says other agreements concern mineral exploitation and joint mine exploration, investment in forest plantations and climate change.
South Korea's Yonhap news agency says South Korean investment in Cambodia totaled nearly $2.5 billion last year.
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