Serbia cancels Cambodian debt of $1 mln

Cambodian Foreign Minister Hor Namhong, right and Serbian Foreign Minister Ivan Mrkic left signed a memorandum of understanding after a meeting.

PHNOM PENH (The Cambodia Herald) -- Foreign Minister Hor Namhong said Tuesday that Serbia had agreed to cancel Cambodia's debt of $1 million to the Balkan nation.

He was speaking after meeting with Serbian Foreign Minister Ivan Mrkic, who is also scheduled to meet National Assembly President Heng Samrin and Prime Minister Hun Sen.
 
During Tuesday's talks, the two sides signed a memorandum of understanding. Mrkic was also quoted as saying that Serbia's defense minister would pay an official visit to Cambodia to meet Defense Minister Tea Banh.