PHNOM PENH, July 3, 2012 (Xinhua) -- The United States is committed to
ensuring the success of the 19th ASEAN Regional Forum (19th ARF) , to be
held here next week, the newly-designated ambassador of the U.S. to
Cambodia William E. Todd, said Tuesday.
The U.S.'s commitment was publicly made by the ambassador during a meeting with Cambodian Prime Minister Hun Sen at the Peace Palace.
The ambassador also commended Hun Sen for his leadership during Cambodia's chairmanship of ASEAN, and said the U.S. Secretary of State Hillary Clinton looks forward to her participation in the 19th ARF on July 9-13.
The ARF, established in 1994, is a key forum for security dialogue in Asia. It draws together 27 countries which have a bearing on the security of the Asia Pacific region.
Todd said that Hillary will also lead her largest business delegation
ever to the U.S. ASEAN Business Forum in Siem Reap province at that
time.
"This is a terrific opportunity for Cambodia to showcase what it has to offer businesses from the United States and throughout the region," he said.
Meanwhile, Hun Sen expressed his welcome for upcoming visit by Hillary and U.S. businessmen, saying that it will be an important opportunity to boost Cambodia-U.S. relations in all fields, especially trade, investment and tourism.
He said the country wanted to see more U.S. investors.
The U.S. is Cambodia's fifth largest investor. According to a record of the Council for the Development of Cambodia, since 1994 to 2011, the country had received the promised investment of 1.28 billion U.S. dollars from the United States.
In terms of bilateral trade, the total trade volume was 2.9 billion U.S. dollars in 2011, up 18 percent year-on-year, according to the statistics of the U.S. Department of Commerce.
During the first four months of 2012, the bilateral trade continued to rise by additional 10 percent to 997 million U.S. dollars if compared with the same period last year.
The U.S.'s commitment was publicly made by the ambassador during a meeting with Cambodian Prime Minister Hun Sen at the Peace Palace.
The ambassador also commended Hun Sen for his leadership during Cambodia's chairmanship of ASEAN, and said the U.S. Secretary of State Hillary Clinton looks forward to her participation in the 19th ARF on July 9-13.
The ARF, established in 1994, is a key forum for security dialogue in Asia. It draws together 27 countries which have a bearing on the security of the Asia Pacific region.
"This is a terrific opportunity for Cambodia to showcase what it has to offer businesses from the United States and throughout the region," he said.
Meanwhile, Hun Sen expressed his welcome for upcoming visit by Hillary and U.S. businessmen, saying that it will be an important opportunity to boost Cambodia-U.S. relations in all fields, especially trade, investment and tourism.
He said the country wanted to see more U.S. investors.
The U.S. is Cambodia's fifth largest investor. According to a record of the Council for the Development of Cambodia, since 1994 to 2011, the country had received the promised investment of 1.28 billion U.S. dollars from the United States.
In terms of bilateral trade, the total trade volume was 2.9 billion U.S. dollars in 2011, up 18 percent year-on-year, according to the statistics of the U.S. Department of Commerce.
During the first four months of 2012, the bilateral trade continued to rise by additional 10 percent to 997 million U.S. dollars if compared with the same period last year.
Editor:
Lu Hui
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