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.
"Cambodia is highly confident that China, a hub of global business and investment, will not only open its market access for Cambodia's products in this current state, but also consider further liberalization for the kingdom's export," Sorasak said.
Only when the United States is ready to reduce its arsenal to the size of China's can both sides begin real negotiation, he said, adding, "I hope we could be given a very convincing answer."
BEIJING, Aug. 5 (Xinhua) -- China will as always welcome companies from other countries to invest and operate in China, a foreign ministry spokesperson said Wednesday.
"China has a very small amount of nuclear weapons. It's not at the same level. We are far behind the U.S. and Russia," Cui said.
China remains one of the top three destinations for 63 percent of respondents in a survey conducted earlier this year by the European Union Chamber of Commerce in China and global consultancy firm Roland Berger. Enditem
"We urge the U.S. side to abide by the one-China principle and the provisions of three China-U.S. joint communiques, stop official interactions and contact of all kinds as well as the upgrading of substantive relations with the island, and handle Taiwan-related issues in a prudent and proper manner, so as not to seriously damage China-U.S. cooperation in major areas as well as peace and stability across the Taiwan Strait," Zhao added. Enditem
The Philippines and China have carried out many exchanges in epidemic control, people-to-people exchange and military, said Lorenzana, adding that it is believed that the two countries will gradually resume exchanges in various fields after the pandemic is overcome.
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.
Speaking of the BRI, Cambodia has greatly benefited from the cooperation with China under this framework, Sorasak said, adding that from physical infrastructure, connectivity development to trade and tourism, the BRI has brought about significant contributions to its economy.
The minister said the upcoming signing of the bilateral FTA will undeniably stimulate the speed of Cambodia's infrastructure development projects, including those under the Belt and Road Initiative (BRI).