Cambodian Prime Minister Hun Manet made his first official visit to Malaysia, signaling a positive development in the relationship between the two countries. Upon reaching Kuala Lumpur, Prime Minister Hun Manet and his delegation received a warm welcome from Malaysian authorities, establishing a friendly atmosphere for the subsequent meetings.
The visit involved important meetings, such as an official welcome at Perdana Putra Square and significant discussions with Malaysian Prime Minister Datuk Seri Anwar Ibrahim. The discussions led to the signing of a crucial Memorandum of Understanding (MoU) on Cooperation in Financial Innovation and Payment Systems, supervised by the leaders of both countries. This agreement between the Central Bank of Malaysia (Bank Negara) and the National Bank of Cambodia represents an important step forward in financial cooperation and innovation, aiming to improve payment systems and financial services in both nations.
Both Prime Ministers expressed hope about the future of the bilateral relationship, with Hun Manet confirming the potential for these relationships to reach new heights. The commitment to ongoing discussions and collaboration highlights a common goal for a stronger partnership, including several industries such as commerce, investment, and digital technology.
Malaysia and Cambodia have decided to hold the Joint Commission for Bilateral cooperation (JCBC) meeting earlier than planned to speed up the review of the bilateral cooperation. This agreement shows a shared acknowledgment of the significance of working together in crucial sectors for national and regional progress, like food security, high technology industries, and renewable energy.
The visit highlighted the significance of developing skills among the Muslim minority in Cambodia. Malaysia expressed its keenness to empower this group via improving their skills and knowledge. This project aims to create a dynamic environment that supports business growth and innovation.
Aside from financial and economic collaboration, the talks also covered defense, security, and energy security, which included backing for the underwater power transmission project under the Malaysian seabed. This diverse collaboration emphasizes the comprehensive aspect of the partnership, with the goal of promoting peace, stability, and prosperity in the region.
Prime Minister Hun Manet’s visit to Malaysia, marked by substantive discussions and the signing of key agreements, establishes a strong basis for future partnership and shared development. The Cambodia-Malaysia relationship is characterized by a strong spirit of friendliness and cooperation, paving the way for mutual benefits from ongoing projects and signaling a new era of partnership and progress.
