Cambodian parliament ratifies ASEAN-China maritime transport agreement

0 Comment(s)Print E-mail Xinhua, May 10, 2013
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The National Assembly of Cambodiaon Friday ratified the agreement on maritime transport between theAssociation of Southeast Asian Nations (ASEAN) and China, sayingthe agreement is essential to develop trade and economic tiesbetween ASEAN and China.

Seventy-five out of 76 lawmakersattending the Assembly session gave ratification to theagreement.

"The agreement aims to facilitateand foster cooperation in passenger and cargo transport by seaamong the signatories," Nin Saphon, Chairwoman of the NationalAssembly's Commission on Public Work, Industry, Mines, Energy,Commerce, and Land Management, said during the session.

The agreement was signed byTransport Ministers of member countries of the ASEAN and China inSingapore in November 2007, she said.

Cambodian Minister of Public Work and Transport Tram Iv Tek said that cooperation in theinternational maritime transport field between the contractingparties will be beneficial for the development of the trade andeconomic relations between the member countries of ASEAN andChina.

"This agreement is very significantfor Cambodia in solidifying international cooperation, chiefly thecooperation between China and Cambodia, refining and burgeoningmaritime development in the interests of Cambodia's economicprosperity," he said.

The ASEAN-China maritime transportagreement will take effect once ratified by all the ASEAN membercountries and China.

According to the National Assemblyof Cambodia, so far, all contracting parties, except Indonesia,have already ratified the agreement.

ASEAN groups Brunei, Cambodia,Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore,Thailand and Vietnam. Endi

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