WHILE CAMBODIA REMAINS OCCUPIED BY VIETNAM IN VIOLATION OF 10 UN RESOLUTIONS. Feb. 27, 1982 : UN Commission on Human Rights meeting in Geneva adopted a resolution condemning Vietnam’s occupation of Cambodia as a violation of Cambodian human rights. The UN General Assembly adopted a resolution A/RES/41/6,, calling for a withdrawal of Vietnamese forces from Cambodia.
>From Seven Vietnamese rubber plantations to these Vietnamese banks operating >in Cambodia occupied by Vietnam. Wednesday, June 24, 2009 Vietnam opens bank in Cambodia to promote bilateral trade [... or to better control Cambodia?] PHNOM PENH, Jun. 24, 2009 (Xinhua News Agency) -- Vietnam's commercial bank Sacombank opened its first branch in Phnom Penh on Tuesday, bringing the total number of commercial banks in Cambodia to 30, local media reported on Wednesday. Bank officials say that Cambodian operation will not compete with local banks, but will assist cross-border transactions between Cambodia and Vietnam. "We are here to improve cross-border business, especially between Cambodia and Vietnam," John Vong, deputy CEO of Sacombank, was quoted by the Chinese language newspaper the Commercial News as saying. The bank's Chairman Dang Van Thanh said that "the bank is aiming to provide loans to Vietnamese enterprises investing and operating in Cambodia, overseas Vietnamese, especially those running small and medium-sized enterprises." The government figures showed that bilateral trade between Cambodia and Vietnam is projected to rise to two billion U.S. dollars in 2009, up from 1.62 billion U.S. dollars in 2008. Chea Chanto, governor of the National Bank of Cambodia (NBC), said at Tuesday's launch that "the investment of Sacombank in the Cambodian market is an expression of confidence by Vietnamese investors in Cambodia's banking sector." "Cambodia is a good location for banking because it is an economy open for investment from other countries," he added. While Cambodia remains occupied by Vietnam in violation of 10 UN resolutions.(1)Feb. 27, 1982 : UN Commission on Human Rights meeting in Geneva adopted a resolution condemning Vietnam’s occupation of Cambodia as a violation of Cambodian human rights. The vote was 28 in favor, 8 against, and 5 abstentions. Oct. 21, 1986 The UN General Assembly adopted a resolution A/RES/41/6, by vote of 116-21 with 13 abstentions, calling for a withdrawal of Vietnamese forces from Cambodia. Seven Vietnamese rubber companies operating in four Cambodian provinces Thursday, June 25, 2009 Vietnam Speeds Up Rubber Planting In Cambodia [over 100,000 ha] PHNOM PENH, June 25 (Bernama) -- Vietnamese rubber companies will speed up the progress of rubber planting in an effort to have 100,000 ha of mountainous areas in Cambodia covered with rubber trees by 2012, as agreed to by the two countries' Prime Ministers, Vietnam news agency (VNA) reported. Tran Ngoc Thuan, Deputy Head of the Vietnam Rubber General Department, made the commitment at a launching ceremony for rubber planting in Cambodia in 2009 held in Kratie province on Tuesday. Thuan expressed thanks to the Cambodian ministries and agencies and Kratie provincial authorities who have created favourable conditions for Vietnamese rubber businesses over the past few years. The Cambodian government representatives highly valued Vietnam's efforts in overcoming difficulties during the rubber planting process in Cambodia's mountainous provinces. They said that the operation of Vietnamese rubber companies in Cambodia is clear evidence of the mutually-beneficial economic cooperation between the two countries. First and foremost, Vietnamese companies have created stable jobs for local people, helping to reduce poverty, they said, adding that rubber tree revenue will make a large contribution to the Cambodian national budget once the rubber is harvested. The Cambodian side also pledged to do its utmost to help Vietnamese rubber companies fulfil their targets. There are now seven Vietnamese rubber companies operating in four Cambodian provinces. This year, each company strives to expand its rubber-tree area by 1,000-1,500 ha. _________________________________________________________________ Insert movie times and more without leaving Hotmail®. http://windowslive.com/Tutorial/Hotmail/QuickAdd?ocid=TXT_TAGLM_WL_HM_Tutorial_QuickAdd_062009 --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Cambodia Discussion (CAMDISC) - www.cambodia.org" group. This is an unmoderated forum. Please refrain from using foul language. Thank you for your understanding. Peace among us and in Cambodia. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [email protected] For more options, visit this group at http://groups.google.com/group/camdisc Learn more - http://www.cambodia.org -~----------~----~----~----~------~----~------~--~---
