During an official visit to South Korea from May 15 to May 18, 2024, Cambodian Prime Minister Hun Manet and South Korean President Yoon Suk Yeol announced the elevation of their countries' ties to a strategic partnership. This significant advancement builds upon the flourishing bilateral relations since the reestablishment of diplomatic connections in 1997, initiated by former Prime Minister Hun Sen, the then Prime Minister of Cambodia Hun Manet.

The leaders expressed contentment with the robust political, economic, social, cultural, and defense cooperation between the two nations. Key agreements include enhancing parliamentary diplomacy, defense collaborations, and efforts against transnational crimes. Furthermore, the discussions yielded substantial progress in economic domains, with particular emphasis on trade through agreements like the CKFTA and RCEP, and initiatives promoting Korean investment in Cambodia.

The joint statement also highlighted the mutual commitment to development, including substantial Korean contributions to Cambodia's economic infrastructure and healthcare sector. Additionally, both nations agreed to continue their collaboration in international and regional forums, focusing on maintaining regional stability and promoting peace on the Korean Peninsula.

The meeting culminated in the signing of six documents, including agreements on investment, intellectual property, narcotics control, and development of skilled talent, which underscore the breadth and depth of the newly established strategic partnership. Both leaders look forward to further exchanges to strengthen their countries' relations and regional cooperation.