Energy News  
SUPERPOWERS
China promises Cambodia $600 million aid at PM visit
by Staff Writers
Beijing (AFP) Jan 22, 2019

China has promised four billion yuan ($588 million) in aid to Cambodia, the Southeast Asian country's Prime Minister Hun Sen said Tuesday on a visit to Beijing.

The largest investor in Cambodia, China has pumped billions of yuan into the economy and has written off debt while sweeping aside questions about Phnom Penh's abysmal rights record.

The four billion yuan grant will run from 2019 to 2021, Hun Sen said in a post on his official Facebook page, accompanied by pictures of his meeting with Chinese President Xi Jinping from the day before.

Xi has also pledged to import 400,000 tonnes of rice from Cambodia this year, increase bilateral trade to $10 billion by 2023 and encourage more Chinese investment into the country, the prime minister's post said.

The pledge comes just days after the European Union resumed tariffs on rice imports from Cambodia, following intensive lobbying by Italy, who said cheap imports were damaging its farmers.

On Tuesday, Hun Sen was welcomed at the cavernous Great Hall of The People by Premier Li Keqiang as part of his three-day visit.

The two witnessed the signing of six agreements, including on increasing cooperation on the Belt and Road Initiative and Cambodia's southwestern seaport of Sihanoukville.

Hun Sen's visit comes amid speculation Beijing is seeking support to build a naval base off the Cambodian coast, claims the premier has vehemently denied.

Three Chinese warships stopped at Sihanoukville port earlier this month for a four-day visit, Cambodian defence ministry spokesman Chhum Socheat told AFP.

China has had a long and volatile relationship with its Southeast Asian neighbour. After backing the Khmer Rouge, it fell out of favour when the Pol Pot regime was deposed.

Ties have been revived in the past decade under the government of Hun Sen, who marked 34 years in power just over a week ago.

Bilateral trade reached $4.69 billion from January to August 2018, up 23.8 percent year-on-year, China's Ministry of Commerce said in November.

prw-el/tom/fa

Facebook


Related Links
Learn about the Superpowers of the 21st Century at SpaceWar.com
Learn about nuclear weapons doctrine and defense at SpaceWar.com


Thanks for being here;
We need your help. The Space Media Network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceMediaNetwork Contributor
$5 Billed Once


credit card or paypal
SpaceMediaNetwork Monthly Supporter
$5 Billed Monthly


paypal only


SUPERPOWERS
NATO, Russia to hold talks amid missile treaty crisis
Brussels (AFP) Jan 21, 2019
NATO and Russian officials will hold talks this week, the alliance said Monday, with the future of a key Cold War era arms treaty hanging by a thread. Diplomats said the Intermediate Nuclear Forces (INF) treaty will be on the agenda for Friday's meeting of the NATO-Russia Council, which is also expected to cover the crisis in Ukraine. The US has given Moscow until February 2 to dismantle a new cruise missile system that Washington and its 28 NATO allies say breaches the landmark 1987 accord. ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

SUPERPOWERS
Scientists turn carbon emissions into usable energy

Researchers create 'shortcut' to terpene biosynthesis in E. coli

Yeast makes ethanol to prevent metabolic overload

Green catalysts with Earth-abundant metals accelerate production of bio-based plastic

SUPERPOWERS
New class of solar cells, using lead-free perovskite materials

Signal Energy Australia to build 333MW Darlington Point Solar Plant in New South Wales

ASU engineers break solar cell record

Breakthrough in organic electronics

SUPERPOWERS
Lidar lights up wind opportunities for Tilt in Australia

US Wind Inc. agrees to sell its New Jersey offshore lease to EDF Renewables North America

Wind to lead U.S. electric capacity additions at power plants in 2019

Upwind wind plants can reduce flow to downwind neighbors

SUPERPOWERS
US charges Chinese national for stealing energy company secrets

Making the world hotter: India's expected AC explosion

EU court backs Dyson on vacuum cleaner energy tests

Mining bitcoin uses more energy than Denmark: study

SUPERPOWERS
North Sea rocks could act as large-scale renewable energy stores

Cartilage could be key to safe 'structural batteries'

Technique identifies electricity-producing bacteria

Scientists discover a process that stabilizes fusion plasmas

SUPERPOWERS
Kabul chokes on dirty air as temperatures plunge

Dow, Total part of group that raised $1B to clean plastic in ocean

Study: Access to urban green spaces favor the rich, educated

Green groups question big industry's plastic clean-up plan

SUPERPOWERS
Oil prices led lower by rising U.S. production, inventories

Researchers find new ways to harness wasted methane

EIA sees fuel prices below 2018 average for the next two years

Venezuela opposition strategy depends on military support

SUPERPOWERS
Team selected by Canadian Space Agency to study Mars minerals

UK tests self driving robots for Mars

ExoMars mission has good odds of finding life on Mars if life exists.

Mars Express gets festive: A winter wonderland on Mars









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.