• Monday 19th August 2019

PM Oli concludes Vietnam, Cambodia visit

  • Published on: May 15, 2019

  • By Our Reporter

    Prime Minister K.P. Sharma Oli has paid a visit to Vietnam and Cambodia. Although Foreign Minister Pradeep Kumar Gyawali termed the visit as a high-level visit taking place after a long time, suspicions had been there as to why the Prime Minister Chose to visit the two countries, which are being ruled by the communist parties.
    He visited Vietnam at the invitation of Vietnamese Prime Minister Nguyễn Xuân Phúc whereas he paid a visit to Cambodia at the invitation of Cambodian Prime Minister Hun Sen who had visited Nepal during the controversial Asia Pacific Summit in Kathmandu last year.
    During the visit, some agreements were also signed with both the South-East Asian nations. However, Nepal has not much diplomatic engagement and significant interactions in terms of trade and investments with them.
    A few sections of the media reported that Prime Minister wanted to learn how the two countries achieved economic development through guided democracy.
    As PM Oli has already centralized power, he intended to learn how the rulers of the two East Asian nations were working by consolidating power in them and curtailing freedom.
    Moreover, PM Oli is said to have emotional relations with Cambodian PM Hun Sen, and he chose to visit Cambodia to reciprocate Hun Sen Nepal visit to attend the Asia Pacific Summit.
    No matter what the PM and Foreign Minister said, PM Oli is believed to have visited Vietnam and Cambodia to learn the ruling style of the two leaders, who are accused of exercising dictatorial rules.
    Prime Minister Oli during his address in Cambodia said that the stable government in Nepal had created policy stability, a fundamental prerequisite for foreign investment, and urged the Cambodian private sector to invest here.
    “With the formation of strong government with over two-thirds majority in the parliament, we have achieved political stability which has helped create consistency in policy,” he said while addressing Nepal-Cambodia Business Forum in Phnom Penh, the capital of Cambodia, on Tuesday.
    Stating that there was a strong and sound regulatory framework, the Prime Minister stated that the Foreign Investment and Technology Transfer Act was thoroughly revised to make it consistent with the requirements of the changed context with substantial protection measures for investors.


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