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NEWS UPDATES Asean Affairs    13  June  2016  

US official pushes for investment agreement

A visiting US government official urged Cambodia to continue with negotiations to develop a bilateral investment agreement between the two nations that could be used for further trade inclusion.

Catherine Novelli, Under Secretary of State for Economic Growth, Energy, and the Environment explained that the US had already submitted a framework agreement to the Cambodian government.

“In terms of the bilateral investment treaty, the ball is really in Cambodia’s court,” she said.

“One of the reasons we are so interested in the treaty is because the provisions are nearly identical to those in the TPP,” she said, referring to the Trans-Pacific Partnership.

While there is no set timeframe for implementation, she said that the US was willing to move as “fast as the Cambodian government is”.

However, during her meetings with government officials, she said that she had to point out that economics and politics are not always separate.

“There have been some issues around NGOs and political issues, and I pointed out that companies watch these things very closely when deciding to invest.”

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This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






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