"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.
U.S. President Donald Trump on Thursday issued an executive order banning any U.S. transactions with Chinese tech firm ByteDance, owner of TikTok, starting in 45 days.
XI'AN, Aug. 12 (Xinhua) -- A cargo train with 45 compartments of anti-epidemic supplies left Xi'an, capital of northwest China's Shaanxi province, and headed for Italy's Milan Wednesday.
Fourth, abandon the zero-sum mentality and stand up to shared responsibilities. "Our world still faces many global challenges. Traditional and non-traditional security challenges are intertwined. Almost all regional and international hotspot issues require a coordinated response from China, the United States and other countries," he said.
"Of course, greater clarity and greater rapprochement on the part of both countries are needed. Therefore, the role of diplomats from both parties will be essential to negotiate solutions to the problems, without ever needing the use of force," said Maggiorelli.
Business owner Diego Tangarife also highlighted the China-proposed Belt and Road Initiative for global development, saying it fosters greater international cooperation.
"People cannot assume other people are doing all these things just because they are exactly doing the same thing in other countries. This is the problem. Some people are doing all these things in other countries. But now they are blaming other countries doing such things. We never do these," he said.
The remarks were made by Foreign Ministry spokesperson Wang Wenbin in response to U.S. executive orders issued Thursday, which ban transactions carried out by American companies or individuals with parent companies of WeChat and TikTok apps.
These actions will by far create trade unpredictability and render the domino effect through the introduction of such policy by other members as retaliations, he added.
While the issues that generate tension between China and the United States are multiple and complex, the issues that unite them are weightier enough to save bilateral ties, he said.
Gross interference in Hong Kong affairs undermines "one country, two systems": Chinese FM