Vietnam’s Ministry of Transport and Cambodia’s Ministry of Public Works and Transport on September 30 held a ceremony in the southern province of Tây Ninh to put the bilateral Road Transport Agreement into reality.
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The first coach from Viet Nam is crossing the border gate of Moc Bai-Bavet, September 30, 2009
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After the ceremony, vehicles licensed by relevant agencies of Vietnam and Cambodia to transport passengers and cargo are allowed to go deep into each other’s territory.
In the past, they had to stop at borders for transshipment.
The international border gate of Moc Bai–Bavet in Tay Ninh is the first site where the agreement is enforced. Four other border gates will follow suit soon.
In October, Vietnam and Cambodia will hold similar ceremonies at the international border gates of Tinh Been- Phnom Den and Ha Tien-Lork Kampot, both in the southern province of An Giang.
In the period 2000-2005, two-way trade turnover between Vietnam and Cambodia rose 40% annually to reach US $692 million in 2005. The two sides are striving for a set target of US $1 billion soon./.