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SPEECHES & REMARKS
BRIEFINGS
Remarks by President Moon Jae-in at Joint Press Conference Following Korea-Cambodia Summit
(Unofficial translation)
I am truly grateful to His Majesty King Norodom Sihamoni and Prime Minister Hun Sen as well as the people of Cambodia for warmly welcoming me and my delegation.
I am very pleased to see Prime Minister Hun Sen again four months after our meeting in Singapore last November. The Prime Minister has a special affinity for the Korean Peninsula. He played an active role in arranging the 1997 normalization of diplomatic ties between our two countries as well as North Korea’s accession to the ASEAN Regional Forum. I am grateful to you for your extraordinary interest and contribution.
Since the reestablishment of diplomatic ties, Cambodia-Korea relations have made remarkable progress. Last year, bilateral trade nearly reached US$1 billion, and more than 400,000 people traveled back and forth between our two countries. Currently, Cambodia is Korea’s second largest development partner and Korea is the second largest inbound investor in Cambodia.
Today, Prime Minister Hun Sen and I agreed on the need to further accelerate development of bilateral relations and discussed how to jointly unfold a future of mutual prosperity.
First, we agreed to make efforts to further promote friendship between the peoples of our two countries.
Approximately 50,000 Cambodians are now settling in Korea for employment or to make a home. Nearly 400,000 Koreans visit Cambodia annually to see for themselves the splendid history and culture of the Khmer Empire and world-class cultural heritage sites like Angkor Wat.
We decided to redouble our efforts to protect the peoples of our two countries and their rights and interests. In particular, I give high marks to the finalization of the wording for a treaty this time on mutual legal assistance in criminal matters to help lay an institutional foundation. Going forward, an increasing number of people will be able to travel back and forth between our two countries and stay safely, bringing our two countries closer.
Second, we agreed to promote our shared prosperity by expanding economic cooperation.
As of now, many Korean businesses in Cambodia are driving dynamic economic development in both countries. We’ve agreed to promptly conclude a double taxation avoidance agreement to provide support for unconstrained activities of both countries' companies. On top of this, we have also decided to strive to address the difficulties faced by Korean financial companies in Cambodia to help promote their investments.
Our two countries will also strengthen cooperation in agriculture, transport and infrastructure. The Agricultural Products Distribution Center, which opened last month as a joint venture among businesses from both countries, is a good example of mutually beneficial cooperation. I am truly pleased that bilateral cooperation has enabled the export of Cambodia's mangoes and other tropical fruit.
Korea has built roads and dams in Cambodia and is also actively involved in promoting ASEAN's connectivity. I hope more Korean companies will advance into Cambodia and share their experiences and know-how in infrastructure development.
In addition, we agreed to lay the foundation for both countries' mutual growth through educational and technological cooperation to foster food processing, energy and ICT industries as well as small and medium-sized enterprises.
Third, our two countries agreed to closely cooperate for the sake of peace and stability in the region.
Both countries share similarities, having overcome past wounds and achieved national stability and progress. Prime Minister Hun Sen showed steadfast support for the Korean Government’s endeavors to accomplish complete denuclearization and establish permanent peace on the Korean Peninsula. I hope that Cambodia will continue to share with us the wisdom gained in overcoming a civil war.
We also concurred on the need to jointly respond to non-traditional security issues such as climate change. We will redouble efforts, now underway through the Korea-Mekong Forest Cooperation Center and the Asian Forest Cooperation Organization, to preserve forests and all living things and prevent natural disasters.
Lastly, we also discussed ways to take ASEAN-Korea relations to a higher level.
To celebrate the 30th anniversary of ASEAN-Republic of Korea Dialogue Relations this year, the ASEAN-Republic of Korea Commemorative Summit and the inaugural Mekong-Republic of Korea Summit will be held in Korea. In particular, the first Mekong-ROK Summit is more significant as it was proposed by Prime Minister Hun Sen in a bid to promote genuine integration by closing the development gap among ASEAN member states.
I express my heartfelt gratitude once more to Cambodia. As Country Coordinator for ASEAN-Korea Dialogue Relations until last year, it has made great endeavors with respect to Korea hosting the ASEAN-ROK Commemorative Summit.
I am very much looking forward to meeting Prime Minister Hun Sen once more in Korea at the end of this year. I hope you will allow me an opportunity to repay your hospitality I received this time.
Thank you.
I am truly grateful to His Majesty King Norodom Sihamoni and Prime Minister Hun Sen as well as the people of Cambodia for warmly welcoming me and my delegation.
I am very pleased to see Prime Minister Hun Sen again four months after our meeting in Singapore last November. The Prime Minister has a special affinity for the Korean Peninsula. He played an active role in arranging the 1997 normalization of diplomatic ties between our two countries as well as North Korea’s accession to the ASEAN Regional Forum. I am grateful to you for your extraordinary interest and contribution.
Since the reestablishment of diplomatic ties, Cambodia-Korea relations have made remarkable progress. Last year, bilateral trade nearly reached US$1 billion, and more than 400,000 people traveled back and forth between our two countries. Currently, Cambodia is Korea’s second largest development partner and Korea is the second largest inbound investor in Cambodia.
Today, Prime Minister Hun Sen and I agreed on the need to further accelerate development of bilateral relations and discussed how to jointly unfold a future of mutual prosperity.
First, we agreed to make efforts to further promote friendship between the peoples of our two countries.
Approximately 50,000 Cambodians are now settling in Korea for employment or to make a home. Nearly 400,000 Koreans visit Cambodia annually to see for themselves the splendid history and culture of the Khmer Empire and world-class cultural heritage sites like Angkor Wat.
We decided to redouble our efforts to protect the peoples of our two countries and their rights and interests. In particular, I give high marks to the finalization of the wording for a treaty this time on mutual legal assistance in criminal matters to help lay an institutional foundation. Going forward, an increasing number of people will be able to travel back and forth between our two countries and stay safely, bringing our two countries closer.
Second, we agreed to promote our shared prosperity by expanding economic cooperation.
As of now, many Korean businesses in Cambodia are driving dynamic economic development in both countries. We’ve agreed to promptly conclude a double taxation avoidance agreement to provide support for unconstrained activities of both countries' companies. On top of this, we have also decided to strive to address the difficulties faced by Korean financial companies in Cambodia to help promote their investments.
Our two countries will also strengthen cooperation in agriculture, transport and infrastructure. The Agricultural Products Distribution Center, which opened last month as a joint venture among businesses from both countries, is a good example of mutually beneficial cooperation. I am truly pleased that bilateral cooperation has enabled the export of Cambodia's mangoes and other tropical fruit.
Korea has built roads and dams in Cambodia and is also actively involved in promoting ASEAN's connectivity. I hope more Korean companies will advance into Cambodia and share their experiences and know-how in infrastructure development.
In addition, we agreed to lay the foundation for both countries' mutual growth through educational and technological cooperation to foster food processing, energy and ICT industries as well as small and medium-sized enterprises.
Third, our two countries agreed to closely cooperate for the sake of peace and stability in the region.
Both countries share similarities, having overcome past wounds and achieved national stability and progress. Prime Minister Hun Sen showed steadfast support for the Korean Government’s endeavors to accomplish complete denuclearization and establish permanent peace on the Korean Peninsula. I hope that Cambodia will continue to share with us the wisdom gained in overcoming a civil war.
We also concurred on the need to jointly respond to non-traditional security issues such as climate change. We will redouble efforts, now underway through the Korea-Mekong Forest Cooperation Center and the Asian Forest Cooperation Organization, to preserve forests and all living things and prevent natural disasters.
Lastly, we also discussed ways to take ASEAN-Korea relations to a higher level.
To celebrate the 30th anniversary of ASEAN-Republic of Korea Dialogue Relations this year, the ASEAN-Republic of Korea Commemorative Summit and the inaugural Mekong-Republic of Korea Summit will be held in Korea. In particular, the first Mekong-ROK Summit is more significant as it was proposed by Prime Minister Hun Sen in a bid to promote genuine integration by closing the development gap among ASEAN member states.
I express my heartfelt gratitude once more to Cambodia. As Country Coordinator for ASEAN-Korea Dialogue Relations until last year, it has made great endeavors with respect to Korea hosting the ASEAN-ROK Commemorative Summit.
I am very much looking forward to meeting Prime Minister Hun Sen once more in Korea at the end of this year. I hope you will allow me an opportunity to repay your hospitality I received this time.
Thank you.
