You are here

US-Cambodia debt issue raises questions of morality and humaneness

The US is well advised to look at the Russian and Chinese models of dealing with Cambodian debt.

Mr Hun Sen made a formal request for debt conversion when he met Russian leaders last year and the discussions have born fruit since.

RUSSIA has made a gesture of goodwill to restructure its outstanding loans to Cambodia worth US$1.5 billion. The Russian example could serve as a model for the United States to settle its own outstanding debt worth US$500 million. Washington, ironically, gave the loan to Phnom Penh to feed...

Market voices on: