"This very huge market access enables Cambodia to diversify its products and markets and reduce over-reliance on a few trading partners, i.e., Europe, U.S., and Canada, who traditionally trade with Cambodia on a concessional basis such as Everything But Arms (EBA), Generalized System of Preferences (GSP)," he said.
The China-Europe freight train service has played a crucial role in helping stabilize the international logistics supply chain, especially in transporting epidemic prevention supplies since the outbreak of COVID-19.
He said the BRI is vital for Cambodia's economy which relies on the inflows of foreign direct investments that are conditional to the capability of sufficient physical infrastructures.
"We are committed to developing a China-U.S. relationship featuring non-conflict, non-confrontation, mutual respect and win-win cooperation, and firmly safeguard our sovereignty, security and development interests," Zhao said. Enditem
Hong Kong is part of China's territory and Hong Kong affairs fall within China's internal affairs, Wang stressed during an interview with Xinhua.
The assertion is just a rehash of the Cold War mentality, Wang said during an exclusive interview with Xinhua.
Third, reject decoupling and uphold cooperation. The interests of the two countries are deeply entwined. Forced decoupling will inflict a lasting impact on bilateral relations, and endanger the security of international industrial chains and interests of all countries, Wang said.
Spokesman Wang Wenbin made the remarks at a routine press briefing after Joerg Wuttke, president of the European Union Chamber of Commerce in China, on Tuesday expressed confidence of European companies in China's development prospects.
"These gestures show the true friendship that we always support each other in every difficult situation," Sorasak said.
PHNOM PENH, Aug. 7 (Xinhua) -- The free trade agreement (FTA) between Cambodia and China will undoubtedly promote stronger trade and investment ties between the two countries, Cambodia's Commerce Minister Pan Sorasak said in a recent interview with Chinese media.
BEIJING, Aug. 5 (Xinhua) -- Chinese State Councilor and Foreign Minister Wang Yi on Wednesday spoke of the need to put in place a clear-cut framework for China-U.S. relations amid the most complex situation since the establishment of the bilateral diplomatic relations in 1979.