Clinton Discusses Investment, Debt in Cambodia
U.S. Secretary of State Hillary Clinton is in Cambodia where she met with Prime Minister Hun Sen to discuss U.S. investment and Cambodia’s outstanding debt. Cambodia wants the United States to forgive more than $400 million in debt accrued by the US-backed military government of Lon Nol. He took power in a 1970 coup and borrowed money from Washington at three percent interest, in part, to feed supporters in Phnom Penh as they were surrounded and ultimately defeated by the Khmer Rouge. Prime Minister Hun Sen says that is “dirty debt” that Cambodia should not have to repay. …
