|
Asian
political party representatives meet to exchange views on social
market economy

SIEM REAP-ANGKOR, Cambodia, Dec.
10, 2009: Cambodia co-chaired with Pakistan held a two-day
seminar on “social market economy” with the participation of 16
representatives of Asian political parties aimed at exchanging
views and experiences to find a suitable policy, which could be
applied for their own national strategy.
Mr. Yos Son, Chairman of the
Commission for International Affairs, of the Cambodian People’s
Party (CPP), said at the opening remarks that the
representatives from the said political parties, many of them
are the ruling parties, can share their experiences in
contribution to the establishment of an “Asian Community”.
“We are hoping that this Community
would become one-family in which all members will obtain peace,
security, stability, prosperity and sustainable development,”
Mr. Yos Son addressed in the meeting, which is held in Siem
Reap, the land of treasures and smile.
He also said that “the leaders of
the Cambodian People’s Party have highly valued the key role of
the social market economic system, which guaranteed the balance
between the free market economy and the social security system.”
Cambodia, under the great
leadership by Prime Minister Hun Sen of CPP, has been moving on
the right track over the last 30 years since the Party drove the
Khmer Rouge from power in 1979, the regime which was blamed for
the death of an estimated more than 2 million who died of
starvations, executions, diseases and forced labors.
“The CPP has acquired a number of
great experiences from the implementation of its economic policy
along the line of free market economic system,” he said.
Cambodia’s growth hit double
digits between 2005 and 2007 thanks to the government’s policy
of free market economy, which brought along the multi-billion
investment of foreign direct investment (FDI).
The boom of construction of
physical infrastructure to support the increasing demands of
tourism industry, the garment exports and the country’s
bountiful commodity also largely contributed to this Southeast
Asian nation’s growth.
Cambodia’s officials have said,
despite the global downturn began in mid-2008, the impact on its
economy was not much—given the country’s key sector of
agriculture and tourism are in good shape.
Some participants praised
Cambodia’s efforts to overcome the financial crisis.
“Having seen wars... and
conflicts, Cambodia has demonstrated this resilience by bouncing
back after overcoming crises and difficulties,” said Mushahid
Hussain Sayed, Secretary General of Pakistan Muslim League, told
the seminar.
“Today, Cambodia is a vibrant
democracy and a thriving economy,” he told the floor.
This seminar
will be concluded on Friday with the keynote remarks by His
Excellency Dr. Sok An, Deputy Prime Minister, Member of the
Standing Committee of the Cambodian People’s Party and also
Vice-President of CDI- Asia Pacific since 2006.
(Press and Quick
Reaction Unit of the Office of the Council of Ministers)
|