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Cambodia-US Aviation Sector Advances with Boeing Deal and Infrastructure Investment
Cambodia and the United States are strengthening ties in the aviation sector. Cambodia's national airline has signed a historic deal to purchase Boeing aircraft worth $3.2 billion, while the U.S. International Development Finance Corporation (DFC) is investing $100 million in Techo International Airport. This signifies economic cooperation and Cambodia's aviation infrastructure development.
Cambodia and the United States are deepening their cooperation in the aviation sector, reflecting the improving diplomatic relations between the two nations. This collaboration has manifested in various forms, including the establishment of trade agreements, a reduction in tariffs to 10% for goods imported from Cambodia into the U.S. market, and the delivery of multiple Boeing aircraft manufactured in the U.S. to Cambodia. Furthermore, both countries are expanding their defense cooperation, which contributes to strengthening the security of both nations. On the afternoon of August 7, the U.S. Embassy in Cambodia announced that Chargé d'Affaires Aleks Zittle met with H.E. Dr. Mao Havannall, Minister attached to the Secretariat of State for Civil Aviation of Cambodia. Discussions focused on the historic purchase of Boeing aircraft by the national airline, Air Cambodia, valued at $3.2 billion. They also covered the $100 million investment by the U.S. International Development Finance Corporation (DFC) at Techo International Airport (KTI), plans for developing an air cargo and logistics hub at the new airport, and Cambodia's progress in ratifying the Cape Town Convention. The U.S. Embassy further stated that the introduction of U.S.-manufactured aircraft and American investment are creating new opportunities that bring tangible benefits to both American and Cambodian people, enhancing Cambodia's capacity in the aviation and logistics sectors.
Original source
AKP Khmer