Thursday, January 10, 2008

Cambodia rejects Taiwan's bid to open business representative office

PHNOM PENH, Jan. 9 (Xinhua) -- The Cambodian government has reiterated its rejection of the so-called Taiwan External Trade Development Council's request to open a business representative office in Cambodia, local newspaper the Deum Ampil reported on Wednesday.

The council plans to open a branch in Cambodia and a number of other countries in Asia to seek new markets for Taiwanese businesses, according to the reports of Channel News Asia (CNA) on Monday.

The attempt to reopen a business representative office is impossible, said Om Yentieng, advisor to Prime Minister Hun Sen.

A Taiwanese business representative office was opened in 1993 in Cambodia but closed following factional fighting in 1997.

The Taiwan business council also plans to organize a delegation visit to promote business ties with both Cambodia and Myanmar, according to CNA.

Some 1,000 Taiwanese investors do business here, mainly in the garment sector, said Om Yentieng, adding that five shoemaking factories in Cambodia are owned by Taiwanese investors, with each employing around 8,000 to 10,000 Cambodian workers.

The Cambodian government consistently supports China's One-China policy and in July last year announced its opposition to Taiwan's bid to join the United Nations.

"There is only one China in the world, namely the People's Republic of China, and Taiwan is an integral part of China," Cambodian Deputy Prime Minister and Minister of Foreign Affairs and International Cooperation Hor Namhong told Xinhua at the time.

Editor: Du Guodong

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