Vice-President Hamid Ansari on Tuesday said that China will not be uneasy about India’s increasing involvement in Cambodia and Laos.
Mr. Ansari is in Cambodia to conduct delegation-level talks and sign Memorandums of Understanding in tourism and infrastructure building.
“Chinese levels of investment are so different. They won’t be uneasy with our infrastructure investment. There is space for both,” Mr. Ansari told reporters on board Air India One en route to Cambodia.
The Vice-President’s four-day visit to Cambodia at the invitation of Prime Minister Hun Sen is an effort to shore up bilateral trade and investment which remains “much below potential.”
‘A growing economy’“Cambodia is a growing economy that has maintained a growth rate of about seven per cent over the last several years. It is seeking greater socio-economic development. They are also a very young nation much like India and they are looking at opportunities for human resource development. We will assure them that they can count on India as a willing development partner,” Secretary East Anil Wadhwa told reporters on Monday.
“Our efforts in this direction have been towards undertaking infrastructure projects and capacity development programmes. Our trade and investment linkages have grown over the years, though they remain much below potential,” Mr. Wadhwa added.
