CLMV News (28 August 2023)

CLMV Cambodia, Lao PDR, News

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CAMBODIA

The Deputy Prime Minister and new Minister of Foreign Affairs Sok Chenda Sophea, has committed to continue to implement Cambodia’s foreign policy with a five-point plan after taking office at the ministry. The minister said that the Royal Government of the 7th legislature of the National Assembly will continue to operate in the context of the geopolitical, economic, and military competition between the two largest powers, which is increasingly tense. (Khmer Times)

New Minister of Commerce Cham Nimul has pledged to maintain a “one commerce family, one voice” approach to trade negotiations, whether large or small, under the leadership of the 7th-mandate government. (Phnom Penh Post)

LAO PDR

Electricite du Laos (EDL) has announced that it will no longer supply electricity to cryptocurrency mining operations in Laos, citing long-term outstanding debts. The notice, issued by EDL on Wednesday, states that Laos experienced drought conditions during the first six months of 2023, with extreme heat causing high electricity demand, while hydropower plants struggled to generate enough electricity. (Laotian Times)

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