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Cambodia: SIHANOUK A PEACE MAKER (1of3) [EN]

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Description: Norodom Sihanouk Sangkum Reastre Niyum regime. During his time Sihanouk had to face the quadruple murderous Imperialists, who's trying to use Cambodia as their battle ground. A heroic King who dare to challenge the Vietnamese conquest.

Under the government of Prince Norodom Sihanouk, who had once ruled as king but had stepped down from his throne to assume the post of Prime Minister, Cambodia presented to the world a picture of peaceful prosperity, with Phnom Penh as the symbol of commerce and culture.

In 1963 the prince announced the nationalization of banking, foreign trade, and insurance as a means of reducing foreign control of the economy. In 1964 a state trading company, the National Export-Import Corporation, was established to handle foreign commerce. The declared purposes of nationalization were to give Khmer nationals, rather than Chinese or Vietnamese, a greater role in the nation's trade, to eliminate middlemen and to conserve foreign exchange through the limiting of unnecessary luxury imports.
Tags: kampuchea, sihanouk, sangkum, reastre, niyum
Category: Flag video News & Politics