Latest news with #HunManet
Fibre2Fashion
7 hours ago
- Business
- Fibre2Fashion
Cambodia-Japan Economic Co-Creation Package unveiled
Japan and Cambodia recently agreed to further work toward maintaining and strengthening an international order based on the rule of law and a multilateral free trade system, and announced the 'Cambodia-Japan Economic Co-Creation Package', according to a joint statement issued by the two countries. During the bilateral summit meeting on May 30, Cambodian Prime Minister Hun Manet and his Japanese counterpart Ishiba Shigeru stressed on the importance of expanding and deepening the comprehensive strategic partnership between the two sides, Cambodian media outlets reported. Japan and Cambodia have agreed to further work toward maintaining and strengthening a global order based on the rule of law and a multilateral free trade system, and announced the 'Cambodia-Japan Economic Co-Creation Package'. The two sides reaffirmed their commitment to continuing cooperation towards maintenance and development of the Sihanoukville Port as a regional port and logistics hub. Related to the co-creation of economic and social values, the two Prime Ministers welcomed the progress in concrete cooperation, including the 'Co-creation for common agenda initiative' in the digital field, since the launch of the 'Three New Cooperation Approaches' in A joint initiative launched in July last year focuses on social infrastructure development in digital field and maritime connectivity, apart from other areas. Both sides agreed to further promote cooperation, such as improving the business environment in Cambodia, including through Japan's contribution to the Organisation for Economic Cooperation and Development, supporting Japanese companies, forming public-private partnership projects and advancing telecommunications networks for industrial enhancement and supply chain resilience. The two sides reaffirmed their commitment to continuing cooperation towards maintenance and development of the Sihanoukville Port as a regional port and logistics hub. Fibre2Fashion News Desk (DS)
Malaysia Sun
a day ago
- Business
- Malaysia Sun
Asian Leaders Voice Concerns over US Tariffs
Speaking at the 30th "Future of Asia" international forum held in Tokyo from May 29 to 30, Singapore's Deputy Prime Minister Gan Kim Yong warned that the current global trade order is under threat, Xinhua reported. He urged Asian countries to stand united in addressing trade issues arising from the US tariffs and emphasized the importance of expanding cooperation through the Association of Southeast Asian Nations and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), particularly in trade and industry. Cambodian Prime Minister Hun Manet said that trade wars undermine a free, open, inclusive, and rules-based multilateral trade system, disproportionately affecting the most vulnerable. He called for unity among nations facing tariff-related pressures. Lao President Thongloun Sisoulith underscored the importance of peaceful coexistence and mutual respect, noting that while Laos has limited trade with the United States, high tariffs could still impact its economy and investment climate. Vietnamese Deputy Prime Minister Nguyen Chi Dung said US tariffs are having a tangible effect on Vietnam's exports and investment. Former Malaysian Prime Minister Mahathir Mohamad criticized the US tariff measures, saying they could harm the American economy and drive up living costs domestically. Since its inception in 1995, the "Future of Asia" forum, hosted annually by Nikkei Inc., has served as a key platform for discussing regional cooperation. This year's forum focused on how the region can foster prosperity and economic growth through collaboration.
Malaysia Sun
a day ago
- Business
- Malaysia Sun
Asian leaders voice concerns over U.S. tariffs
TOKYO, May 31 (Xinhua) -- Political leaders and former heads of state from across Asia have expressed concerns over the U.S. government's tariff policies, calling for greater unity among Asian nations to overcome shared challenges. Speaking at the 30th "Future of Asia" international forum held in Tokyo from May 29 to 30, Singapore's Deputy Prime Minister Gan Kim Yong warned that the current global trade order is under threat. He urged Asian countries to stand united in addressing trade issues arising from the U.S. tariffs and emphasized the importance of expanding cooperation through the Association of Southeast Asian Nations and the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), particularly in trade and industry. Cambodian Prime Minister Hun Manet said that trade wars undermine a free, open, inclusive, and rules-based multilateral trade system, disproportionately affecting the most vulnerable. He called for unity among nations facing tariff-related pressures. Lao President Thongloun Sisoulith underscored the importance of peaceful coexistence and mutual respect, noting that while Laos has limited trade with the United States, high tariffs could still impact its economy and investment climate. Vietnamese Deputy Prime Minister Nguyen Chi Dung said U.S. tariffs are having a tangible effect on Vietnam's exports and investment. Former Malaysian Prime Minister Mahathir Mohamad criticized the U.S. tariff measures, saying they could harm the American economy and drive up living costs domestically. Since its inception in 1995, the "Future of Asia" forum, hosted annually by Nikkei Inc., has served as a key platform for discussing regional cooperation. This year's forum focused on how the region can foster prosperity and economic growth through collaboration.
The Star
a day ago
- Business
- The Star
Cambodia and Japan deepen strategic partnership and cooperation
Cambodian Prime Minister Hun Manet and Ishiba Shigeru, Prime Minister of Japan, during the meeting in Tokyo. - Khmer Times PHNOM PENH (Khmer Times): Cambodia and Japan agreed to further work toward maintaining and strengthening an international order based on the rule of law, as well as a multilateral free trade system, according to a Joint Statement between Cambodia and Japan released to the media. The Joint Statement added that during the bilateral Summit Meeting on 30th May, Prime Minister Hun Manet and ISHIBA Shigeru, Prime Minister of Japan, stressed the importance of expanding and deepening the 'Comprehensive Strategic Partnership' between the two countries, including the co-creation of economic and social values and security cooperation based on the trust and friendship that both countries have built over the years. They also concurred on further working toward maintaining and strengthening an international order based on the rule of law as well as a multilateral free trading system. Related to the co-creation of economic and social values, the two Prime Ministers welcomed the progress in concrete cooperation, including the 'Co-creation for common agenda initiative' in the digital field, since the launch of the 'Three New Cooperation Approaches' in July last year, consisting of social infrastructure development in water and digital fields, maritime connectivity, and humanitarian mine action. The two Prime Ministers announced the attached 'Cambodia-Japan Economic Co-Creation Package'. They concurred in further promoting cooperation, such as improving the business environment in Cambodia, including through Japan's contribution to the OECD (Organisation for Economic Co-operation and Development), supporting Japanese companies, forming Public-Private Partnership projects, and advancing telecommunications networks for industrial enhancement and supply chain resilience. The two Prime Ministers confirmed that the development of Sihanoukville Port contributes to regional connectivity and trade promotion, and reaffirmed their commitment to continuing cooperation towards its maintenance and development as a regional port and logistics hub. The two Prime Ministers also reiterated their commitment to advancing cooperation for strengthening the capabilities of Cambodia's maritime police and the National Committee for Maritime Security. The two Prime Ministers exchanged views on promoting democracy and the rule of law. Prime Minister Ishiba expressed Japan's intention to continue supporting Cambodia's efforts by providing legal and technical assistance, as well as electoral support, and sharing Japan's experience in democracy. Prime Minister Hun Manet appreciated Japan's valuable and continued support in this field and expressed his intention further to embed the outcomes of this support into Cambodian society. In this connection, he also highly valued Japan's role as the penholder of the resolution on Advisory Services and Technical Assistance for Cambodia at the Human Rights Council. The two Prime Ministers confirmed that people-to-people exchanges in business, tourism, academia, institutions, sports, and cultural exchanges form the basis of the co-creative relationship between the two countries and expressed their intention to promote them further at the governmental level. The two Prime Ministers shared the recognition that Expo 2025, Osaka, Kansai, Japan, and the GREEN EXPO 2027 would be great opportunities to promote exchanges and reaffirmed their commitment to advance cooperation. - Khmer Times
The Star
a day ago
- Politics
- The Star
Border issues with Thailand require patience and determination, says Cambodian PM
PHNOM PENH (Khmer Times): Cambodian Prime Minister Hun Manet stated that resolving border issues is complex and must be approached with patience and persistence and through legal and diplomatic channels. On Saturday (May 31), he spoke to about 1,600 Cambodians living, working, and studying in Tokyo, Japan. The Prime Minister emphasised that border demarcation should be managed by the countries' designated border committees rather than through military conflict. Referring to the clash that occurred on Wednesday, he warned that if the situation had not been addressed quickly, the death toll could have risen from one to potentially one hundred, and the conflict could have spread along the entire border. He also indicated that taking border disputes to international court should be considered only as a last resort, stating, 'Once it reaches the court, negotiations will no longer be possible.' Furthermore, the Prime Minister strongly disapproved of opposition claims suggesting that the Royal Government allowed the Thai army to fire on Cambodian troops in order to distract the public from online crime issues. He condemned attempts to demoralise Cambodian forces during this sensitive time. 'This is a moment for national unity,' he said. 'We must support and uplift our soldiers who are risking their lives to protect the territorial integrity of our homeland,' questioning the opposition's intentions behind their efforts to sow division between army generals and frontline soldiers. The Prime Minister reaffirmed the Royal Government's commitment, alongside the Ministry of National Defence and the Cambodian Armed Forces, to peacefully resolve border disputes and to safeguard Cambodia's sovereignty and territorial integrity. - Khmer Times
