"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.
In fact, the law has enjoyed immense popularity in Hong Kong, as millions of residents have signed in support. Social order has obviously improved and life has returned to peace and tranquility. Human rights and freedoms in Hong Kong also remain well protected.
John W. Allen, former vice chairman of the United Nations (UN) Business Council, told Xinhua that he applauds the mutual success that has occurred for the two countries over the past 41 years, and is distressed by the negative language being used to describe China in the U.S. press.
The bilateral FTA also impeccably responds to Cambodia's policy directions sketched in the Industrial Development Policy and the "Rectangular Strategy," the minister added.
He made the remarks in a signed article titled "Respect History, Look to the Future and Firmly Safeguard and Stabilize China-U.S. Relations," which was published Friday.
Noting that the situation in border areas is inseparable from bilateral relations, Jaishankar said it is not easy to achieve a balance with China, and India must stick to its position. The key is to make China pay more attention to India, he added.
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.
Washington has never stopped abusing national and political power to repress law-abiding Chinese tech companies. Although Washington has failed to give any credible evidence to support its claim that Huawei poses a security threat, it has spent months piling pressure on other countries to exclude the Chinese tech giant from their 5G networks. More recently, the White House threatened to ban outright TikTok, a hugely popular video-sharing app worldwide.
The U.S. purpose is to destabilize the South China Sea, and hijack regional countries onto its chariot to serve U.S. domestic politics and geopolitical agenda, Wang noted, urging all regional countries to be vigilant, and prevent this region's hard-won peace and development from being sabotaged by the United States.
Chinese FM urges U.S. to give up failed interventionism
Reported by Tang Renlin and Wu Jun
Edited by Wen Zhiming
Translated by Li Siying