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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).
The minister added that Cambodia often acknowledged its advocacy to regional and global integration, especially in trade.
"I do not believe there will be a 'new Cold War' between the two powers. The two countries have great economic, trade and financial interdependence. Personally, I believe the two countries can resolve their differences through dialogue, as they have cooperated in the past," Maggiorelli said.
They backed Wang's call for improved U.S.-China relations, saying cooperation between the world's two major countries will have a positive impact on the entire international community. Enditem
In 2019, the Yanji airport handled 1.66 million passengers, 715,455 of whom were international. In the past five years, the airport has opened 26 international and domestic air routes. Enditem
U.S. not qualified to build coalition of "clean countries": Chinese FM
He said when China was severely hit by the pandemic in early 2020, Cambodian Prime Minister Samdech Techo Hun Sen made a special visit to Beijing to show support in fighting the virus, and showed his confidence and trust on China's ability to cope with crisis.
The two sides have maintained communication and interaction, the CSRC said, adding that Chinese authorities have shown full cooperation sincerity by repeatedly communicating with the U.S. Securities and Exchange Commission and the Public Company Accounting Oversight Board (PCAOB) on joint inspections of accounting firms since 2019.
"In light of Washington's trade concerns, China put into effect at the beginning of 2020 a new Foreign Investment Law that gives foreign companies greater access to the Chinese market, and offers greater guarantees in intellectual property protection," he said.
At a time when international cooperation is needed to fight a common enemy such as the COVID-19 pandemic, Trump's hostility is globally damaging and in stark contrast to China's willingness to promote collaboration for the greater good, said Castrillon.
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.