South Korean President Roh Moo-hyun arrived in Cambodia Sunday for a three-day official visit aimed at strengthening bilateral ties.
Roh arrived from the two-day APEC forum in Hanoi, Vietnam.
In the 90-minute summit meeting Monday, Roh Moo-hyun and Cambodian Prime Minister Hun Sen discussed ways to enhance ties between the two counties, specifically in the information-technology sector.
After the summit, the two leaders signed a bilateral agreement, on economic cooperation at the premier’s office in Phnom Penh.
In the agreement, South Korea offered a multi-million dollar loan to Cambodia, to help Cambodia build its information technology system and national highway No. 3.
Labor ministers from the two countries also signed a memorandum related to business investments and visa exemptions.
The memorandum provides legal grounds for Cambodian workers to work in South Korea based on a manpower training program.
Opposition party legislator Yim Sovan welcomed the loans, but appeals to the government to use some of the money to curb corruption activities in Cambodia.