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Cambodia, DPRK weigh to boost trade, investment ties

Xinhua, February 4, 2015 Adjust font size:

Cambodian Foreign Minister Hor Namhong met with Vice Foreign Minister of the Democratic People's Republic of Korea (DPRK) Ri Kil Song on Wednesday to discuss ways to boost trade and investment ties, a Cambodian spokesman said.

"Both sides exchanged views on the strengthening of relations and cooperation between the two countries," Koy Kuong, spokesman for the Cambodian Ministry of Foreign Affairs, told reporters after the meeting.

The spokesman said diplomatic ties between the two sides have been developed well, but trade and investment exchanges are still relatively small.

"The two sides have intention to exchange mutual visits among officials in order to boost trade and investment cooperation in the future," he said, adding that currently, the annual trade volume between the two countries was valued at around 1.5 million U.S. dollars.

In the meeting, Ri Kil Song invited Hor Namhong to pay a visit to DPRK in an appropriate time in the future.

Both sides also exchanged opinions on the situation of the Korean peninsula.

Ri Kil Song is on a tour to seven Southeast Asian nations, which had already brought him to Vietnam and Laos. After Cambodia, he will tour Myanmar, Singapore, Indonesia and Malaysia. Endi