Skip to Content Facebook Feature Image

Cambodian Deputy PM calls for support to multilateralism at Xiangshan Forum

China

China

China

Cambodian Deputy PM calls for support to multilateralism at Xiangshan Forum

2024-09-16 17:25 Last Updated At:23:17

Cambodian Deputy Prime Minister called on all parties to support multilateralism and seek solutions to conflicts through dialog on the sidelines of the 11th Beijing Xiangshan Forum.

Tea Seiha, Deputy Prime Minister and Minister of National Defense of Cambodia, was in China to attend the high-level security and defense forum in the Asia-Pacific in the Chinese capital from Thursday to Saturday.

In an interview with China Central Television during the event, Tea Seiha said the forum has built a platform for countries to strengthen cooperation and promote world peace.

"Cambodia has suffered from a long civil war, which caused a severe brain drain and seriously damaged the infrastructure. Therefore, this forum has provided an opportunity for Cambodia to share the lessons of its history in the international arena. The forum has not only allowed Cambodia to deepen its cooperation with countries in the region, such as neighboring countries Laos and Vietnam, but has played China's important role in helping Cambodia improve its national security and peace maintenance capabilities," he said.

Talking about how to resolve the ongoing conflicts around the globe, Tea Seiha said countries should work together to move towards multipolarity and maintain regional stability.

"We should support multilateralism by bringing issues together, jointly analyzing the root causes of problems, and seeking solutions through dialog. At the same time, I think all parties have also put forward important proposals, that is, we should pursue multilateralism, not seek interference in other countries' internal affairs and not invade other countries' territory," he said.

Cambodian Deputy PM calls for support to multilateralism at Xiangshan Forum

Cambodian Deputy PM calls for support to multilateralism at Xiangshan Forum

The Japanese yen briefly weakened past the key 160-per-dollar level in early trading on Friday, marking the third consecutive session to reach that threshold as market attention turned to possible official intervention.

According to the Bank of Japan's daily foreign exchange rates, the dollar traded in a range of 159.60 to 160.05 yen on Thursday, with a central rate of 159.90 yen.

The yen's slide came amid heightened uncertainty over the Middle East situation. On Wednesday, the currency briefly touched 160 yen per dollar, its weakest level since Tokyo intervened in late April. Japanese authorities reportedly spent a record 11.73 trillion yen (about 73 billion U.S. dollars) on intervention between April 28 and May 27, setting a monthly record.

Finance Minister Satsuki Katayama has reiterated that Japan is ready to respond appropriately at any time and reserves the right to take decisive action against excessive volatility.

The yen is on track for a fourth straight week of decline, a losing streak not seen since February, putting pressure on policymakers to step in again.

Yen weakens past 160 per US dollar for 3rd consecutive session as intervention looms

Yen weakens past 160 per US dollar for 3rd consecutive session as intervention looms

Recommended Articles