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The agreement was reached Tuesday during talks held by Vietnamese President Nguyen Xuan Phuc and Cambodian Prime Minister Hun Sen, a foreign ministry press release said.
Phuc is paying a two-day official visit (December 21-22) to Cambodia.
The two leaders stressed that they will cooperate to solve issues that arise during the negotiations in the spirit of solidarity and friendship, contributing to building a border of peace, stability and cooperation.
Vietnam and Cambodia also agreed to fully and seriously implement treaties, agreements related to the border of the two countries, including two legal documents confirming 84 percent of border demarcation and marker erections that they achieved to date. The two legal documents were signed in 2019.
Between 2006 and 2019, Vietnam and Cambodia completed the demarcation of about 1,045 km on their border, and erected 2,047 markers at 1,553 positions.
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Vietnamese President Nguyen Xuan Phuc (L) meets Cambodian Prime Minister Hun Sen in Phnom Penh, December 21, 2021. Photo by Vietnam News Agency |
The economic cooperation between the two countries has been growing strongly. Two-way trade turnover in the first 11 months of 2021 topped $8.6 billion, up nearly 84 percent over the same period in 2020.
Vietnam has 188 investment projects with a total registered capital of $2.85 billion in Cambodia, making it the biggest ASEAN investor in the neighboring nation.
President Phuc affirmed that Vietnam will strongly support Cambodia to successfully accomplish its turn as ASEAN Chair in 2022, actively contributing to peace, stability, cooperation and development in the region and the world.
He expressed his wish that the two sides continue to coordinate and uphold ASEAN's stance and principles on East Sea (South China Sea) issues. The bloc has agreed to ensure security, safety, freedom of navigation and over-flight, strengthen trust-building, not threaten or use force, comply with international law, resolve disputes by peaceful means on the basis of international law, including the United Nations Convention on the Law of the Sea (UNCLOS).
ASEAN has also asserted that it encourages parties to strictly and fully implement the Declaration on the Conduct of Parties (DOC) and complete the effective, substantive Code of Conduct (COC) in accordance with international law, including UNCLOS.
