Deadly Collision Claims 67 Lives in U.S. Air Disaster | At Least 30 Dead and Many Injured in Stampede at Maha Kumbh Mela in India | Chinese President Xi Jinping Affirms Cambodia's Role as a Key Partner in China’s Diplomatic Strategy | Xi Jinping Concludes State Visit to Cambodia, Strengthening Bilateral Ties | Chinese President Xi Jinping Concludes Successful State Visit to Cambodia | Chinese Ambassador: US-China Trade Tensions Harm Developing Nations; President Xi Urges Investment in Cambodia and Expanded Market Access | Japanese Maritime Self-Defense Force Ships Bungo and Etazima Dock at Ream Sea Base for Four-Day Visit | Prime Minister Hun Manet Expresses Displeasure Over Criticism of Chinese Investments During Kampot International Tourist Port Inauguration | Asian Development Bank Collaborates with Cambodia on New Development Projects Worth Over $1 Billion |
Deadly Collision Claims 67 Lives in U.S. Air Disaster | At Least 30 Dead and Many Injured in Stampede at Maha Kumbh Mela in India | Chinese President Xi Jinping Affirms Cambodia's Role as a Key Partner in China’s Diplomatic Strategy | Xi Jinping Concludes State Visit to Cambodia, Strengthening Bilateral Ties | Chinese President Xi Jinping Concludes Successful State Visit to Cambodia | Chinese Ambassador: US-China Trade Tensions Harm Developing Nations; President Xi Urges Investment in Cambodia and Expanded Market Access | Japanese Maritime Self-Defense Force Ships Bungo and Etazima Dock at Ream Sea Base for Four-Day Visit | Prime Minister Hun Manet Expresses Displeasure Over Criticism of Chinese Investments During Kampot International Tourist Port Inauguration | Asian Development Bank Collaborates with Cambodia on New Development Projects Worth Over $1 Billion |

Strategic ASEAN-Korea Partnership for Peaceful Prosperity

  • Posted Oct 26, 2021 17:03 by Rhea Soco
  • 3380
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PHNOM PENH: Prime Minister Hun Sen has attended the 22nd ASEAN-Korea Summit. Tuesday’s virtual summit between ASEAN and the Republic of Korea adopted the 23rd ASEAN-ROK declaration on promoting cooperation, as well as the strategic partnership for peaceful prosperity 2021-2025.

On Tuesday, Cambodia and Korea signed a bilateral free trade agreement aiming to draw in new investment and businesses from the East Asian country and to boost exports. As the Republic of Korea expressed continued support in the region, ASEAN countries have thanked Korea for its help with providing vaccines.

The ASEAN and South Korean heads of government also welcomed the establishment of a new ministerial-level mechanism to promote cooperation in the field of disaster management between the two countries. The Korean government has highlighted its continued support ASEAN's core role and unanimity in the regional mechanism.

As of 2020, Korea remains the fourth largest trading partner in ASEAN and the fifth largest source of investment in the bloc. With this, the two parties are working to boost the economy in the trade sector, and to promote the implementation of the regional strategic partnership agreement. It also promotes further free market cooperation between ASEAN and Korea.


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