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RE: LeoThread 2025-02-16 22:47

in LeoFinance5 days ago

Part 4/8:

Despite these challenges, the Fanto Canal positions Cambodia to capitalize on its rich natural resources, including minerals like iron, copper, and gold. The direct route to international markets could significantly enhance the country's revenue while also giving it better negotiating power, reducing its reliance on Vietnam’s export terms.

With the completion of the canal, estimates suggest an up to 90% reduction in trade through Vietnam, garnering the canal the nickname “a straw to breathe through.” As the canal operates at dimensions allowing for significant freight capacity, it could rival other major rivers and facilitates the exploration of Cambodia's vast economic potentials.

China’s Strategic Interests and the Belt and Road Initiative