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 Subject :Laos, Cambodia no longer 'Marxist-Leninist,' White House says.. 24-02-2010 02:52:05 
admin
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With two identically worded memos, President Obama has just declared that the southeast Asian nations of Laos and Cambodia have each "ceased to be a Marxist-Leninist country" under the definition of a law governing the Export-Import Bank.

Phil Cogan, a spokesman for the government-run bank, says the president's directive gives the green light for providing assistance for U.S. business deals in both countries. Up until now, both have been off-limits for Ex-Im loans.


http://content.usatoday.com/communities/theoval/post/2009/06/68045195/1
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