Cambodia Withdraws from CLV-DTA Amidst Protests

Cambodian Prime Minister Hun Manet announced his country's withdrawal from a development agreement with Vietnam and Laos following protests. Critics have raised concerns about land concessions, leading to multiple arrests. The agreement aimed to enhance trade and migration in border areas, but opposition claims it compromised territorial sovereignty.

Cambodian Prime Minister Hun Manet declared Cambodia's exit from a development deal with Vietnam and Laos amidst rising tensions and protests, alleging that it favored foreign interests.

Public outrage has centered on land concessions near Vietnam, a contentious issue given Cambodia's historical relationship with its neighbor. Recent arrests have heightened the controversy.

The agreement, established in 2004, sought to boost trade and migration in border regions, but opposition groups argue it threatened national sovereignty.

(With inputs from agencies.)