Cambodia

Cambodia Sees Opportunity for US Investment in Agriculture

Cambodian Minister of Commerce Cham Prasidh speaks during the 17th GMS Ministerial Conference at the Peace Palace in Phnom Penh, file photo. Cambodian Minister of Commerce Cham Prasidh speaks during the 17th GMS Ministerial Conference at the Peace Palace in Phnom Penh, file photo.
x
Cambodian Minister of Commerce Cham Prasidh speaks during the 17th GMS Ministerial Conference at the Peace Palace in Phnom Penh, file photo.
Cambodian Minister of Commerce Cham Prasidh speaks during the 17th GMS Ministerial Conference at the Peace Palace in Phnom Penh, file photo.
VOA Khmer
WASHINGTON DC  - Cambodian Commerce Minister Cham Prasidh sees great potential for US companies that want to invest in agriculture, where he says they can do legitimate business relatively free from the graft as Cambodia makes anti-corruption headway.

Cham Prasidh was in Washington last week, where he and other officials marked the 45th anniversary of the US-Asean Business Council. He said American companies are typically not aggressive in overseas investments and prefer to invest in a “clean” country. Not so with China, he said.

“The Chinese are not waiting for the house to be clean to come in,” he said. “That’s why they are the pioneers of Asian countries to invest in Cambodia.”

Cambodia is trying to “clean” its own house, he said, but at the same time it should be attractive as an “open and liberal economy.” And it is trying to leverage its status as a lesser developed country, with trade preferences to big markets in the US and Europe, he said.

Cambodia Sees Opportunity for US Investment in Agriculture​​ (Part 1)i
|| 0:00:00
X
VOA Khmer
04 December 2012
Cambodian Commerce Minister Cham Prasidh sees great potential for US companies that want to invest in agriculture, where he says they can do legitimate business free from the graft that can hamper other endeavors. VOA Khmer's Men Kimseng interviewed Cham Prasidh in Washington last week, where the minister helped mark the 45th anniversary of the US-Asean Business Council.

Cambodia also has its Anti-Corruption Unit, which is enforcing a new anti-corruption law. So corruption, he said, “I believe in the near future, this thing is not going to be a problem anymore for US companies.”

That said, Cambodia landed in the bottom 20 countries on the annual Transparency International corruption index this week, along with Afghanistan, Burma, Laos and North Korea.

Meanwhile, Cambodia is looking more and more toward agriculture to drive its economic growth, hoping to boost the export of rice and other goods considerably.

Cambodia Sees Opportunity for US Investment in Agriculture (Part 2)i
|| 0:00:00
X
VOA Khmer
06 December 2012
Cambodian Commerce Minister Cham Prasidh sees great potential for US companies that want to invest in agriculture, where he says they can do legitimate business free from the graft that can hamper other endeavors. VOA Khmer's Men Kimseng interviewed Cham Prasidh in Washington last week, where the minister helped mark the 45th anniversary of the US-Asean Business Council.

As a part of Asean, it is looking toward more regional integration, Cham Prasidh said. “This is a very integrated region, where you would see a free flow of goods, a free flow of services, a free flow of skilled personnel, a free flow of investment, and a free flow of capital.”

But Cambodia also wants investment form the US, “our indispensable trading partner,” he said.
Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Demonstrators Call on Government To Fulfill Principles of Peace Accordsi
X
24 October 2014
Hundreds of activists demonstrated in Phnom Penh on Thursday, gathering to protest the government’s failure to fulfill the promises of the Paris Peace Accords, which were signed in 1991 and brought liberal democracy and a constitution to a country that had been shattered by war. The demonstrators submitted a petition to the US and other embassies, calling for international pressure on the Cambodian government to follow the accords. (Kong Sothanarith, Phnom Penh)

English with Mani & Mori

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Face the Music (Movie: Yes Man)i
X
20 October 2014
You can say, "You lied, and lied, but this time you got caught. It's time you 'face the music'. It's time you confess and tell the truth." What does it mean? Watch here. For more videos - go to youtube.com/KhmerSpecialEnglish. To contact Mani & Mori - write to them at maniandmori@gmail.com.
Video

Video Face the Music (Movie: Yes Man)

You can say, "You lied, and lied, but this time you got caught. It's time you 'face the music'. It's time you confess and tell the truth." What does it mean? Watch here. For more videos - go to youtube.com/KhmerSpecialEnglish. To contact Mani & Mori - write to them at maniandmori@gmail.com.
Video

Video Hit the Nail on the Head (Movie: Inside Job)

You can say, "The professor 'hit the nail on the head' when she said, that we cannot demand respect, respect must be earned and not given freely." What does it mean? Watch here. For more videos - go to www.youtube.com/KhmerSpecialEnglish or www.khmer.voanews.com/maniandmori. To contact Mani & Mori
Video

Video Speak of the Devil (Movie: Easy A)

You can say, "Speaking of the devil, there she is! Hey, we were just talking about you a moment ago." What does it mean? Watch here. For more videos - go to youtube.com/KhmerSpecialEnglish. To contact Mani & Mori - write to them at maniandmori@gmail.com.
Video

Video Rock the Boat (Movie: 500 Days of Summer)

You can say, "Things are going really well between the two of you - he's happy and you're happy, so why 'rock the boat'?" What does it mean? Watch here. For more videos - go to www.youtube.com/KhmerSpecialEnglish. To contact Mani & Mori - write to them at maniandmori@gmail.com.
See more >>>