Phnom Penh (FN), May. 16 – Cambodian Senate President and also the President of the Cambodian People’s Party (CPP), Samdech Techo Hun Sen expressed his belief that the Vietnamese leader also wanted Cambodia to have independence in water transportation.
The senate president spoke on Thursday (May 16) in a special message related to Funan Techo Canal.
Samdech Techo underscored, "I believe that Vietnamese leaders also want Cambodia to be independent and do not want ships from Cambodia to flood their markets. All containers forced upon Viet Nam-bound goods must undergo inspection."
Cambodia and Viet Nam currently engage in USD 10 billion worth of bilateral trade, with trade volumes between the two nations now similar.
Samdech Techo Hun Sen added that Cambodia now exports more to Viet Nam, whereas in the past, it imported more from Viet Nam, indicating a balanced trade relationship.
The Funan Techo canal project has garnered strong support from the Cambodian people. The project, connecting the Mekong River to the sea, is a historic endeavour that will greatly benefit the nation and its people.
In essence, this canal is a crucial component of the country's socio-economic development, facilitating improved water transport and navigation while connecting the Cambodian economy to the region and beyond. Moreover, it can help mitigate flooding in southwestern provinces, serving as a vital water source for agricultural activities and facilitating easier transportation of agricultural products, thereby reducing time and costs.
=FRESH NEWS