REMARKS BY DEPUTY PRIME MINISTER KEAT CHHON, MP MINISTER OF ECONOMY AND FINANCE AT THE SIGNING CEREMONY OF THE FINANCING AGREEMENT FOR THE PROGRAM FOR PROMOTION OF INCLUSIVE AND SUSTAINABLE GROWTH IN THE AGRICULTURAL SECTOR: FISHERIES AND LIVESTOCK BETWEEN THE KINGDOM OF CAMBODIA AND THE EUROPEAN UNION (EU) MINISTRY OF ECONOMY AND FINANCE, 20 JUNE 2013 Today H.E. Dr. Chan Sarun, Minister of Agriculture, Forestry and Fisheries and I have a great pleasure and honour to represent the Royal Government of Cambodia to join H.E. Mr. Jean-François Cautain, Ambassador of the European Union to the Kingdom of Cambodia to sign the Financing Agreement between the Kingdom of Cambodia and the European Union for the "Program for Promotion of Inclusive and Sustainable Growth in the Agricultural Sector: Fisheries and Livestock". On behalf of H.E. Dr. Chan Sarun, colleagues of the Royal Government of Cambodia and myself, I would like to warmly welcome and express our sincere gratitude to H.E. Mr. Jean-François Cautain, Ambassador of the European Union to the Kingdom of Cambodia and all members of the EU delegation for coming here to join this signing ceremony. I would also like to thank all representatives of Ministries and Agencies of the Royal Government of Cambodia and distinguished guests for taking off their busy schedule to join this signing ceremony. As you all are aware, the friendship and cooperation between the Kingdom of Cambodia and the European Union has been deepened and strengthened considerably. The signing of this Financing Agreement is an important and meaningful event and it recalls our long-standing cooperation between the Royal Government of Cambodia and the European Union, in supporting the social and economic development in Cambodia. Through this agreement, the European Union will provide grant amounted EUR 20 million, equivalent to USD 26 Million, for the implementation of the "Program for Promotion of Inclusive and 1/2 Sustainable Growth in the Agricultural Sector: Fisheries and Livestock", through RGC’s system in line with Program Based Approach (PBA). This grant assistance will be used to carry out the reform on agriculture sector, improving sector policy and system development of the Ministry of Agriculture, Forestry and Fisheries in order to achieve sustainable development of fisheries and livestock. I would like to note that this Program will contribute significantly to the development of agricultural sector as laid out in the Rectangular Strategy Phase II of the Royal Government of Cambodia under the wise and visionary leadership of Samdech Akka Moha Sena Padei Techo Hun Sen, Prime Minister of the Kingdom of Cambodia. The financial contribution of the European Union for agricultural sector is in line with the efforts of the Royal Government of Cambodia to continue the reform on agricultural sector. The valuable grant that we have just signed today is timely responsive to the needs of Cambodian people, in particular people living in rural areas. Over the years, the European Union development programs have touched the lives of millions of Cambodians. Including this grant assistance that we have just signed today, since 2000 the European Union has committed to providing grant assistance around EUR 487 Million, equivalent to USD 634 Million for financing development projects in Cambodia, ranging from education, rural development, and public financial management reform to private sector development. In conclusion, let me take this opportunity, on behalf of the Royal Government of Cambodia, Cambodian People and on my own behalf, to express our sincere gratitude and heartfelt appreciation to the Government and people of the European Union for their support and good cooperation. I wish you all good health, happiness, prosperity and success in every endeavour of your life. 2/2