The bilateral FTA also impeccably responds to Cambodia's policy directions sketched in the Industrial Development Policy and the "Rectangular Strategy," the minister added.
The rise in cases has been blamed on the easing of lockdown regulations by authorities and non-compliance of prevention measures. The epidemic has flared up in some communities.
"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.
He said although China had been hit hard by the pandemic, her efforts in stabilizing industrial and supply chains in the region shall be praised.
WASHINGTON, Aug. 10 (Xinhua) -- China's nuclear power is not at the same level as that of the United States and Russia, and it is not yet the right timing for China to join their nuclear disarmament talks, Chinese Ambassador to the United States Cui Tiankai has said.
First, steer clear of red lines and avoid confrontation. For China-U.S. relations to develop soundly, the most critical thing is mutual respect, Wang noted.
Noting China will not allow these people to get their way, Wang stressed that China rejects any attempt to create a so-called "new Cold War", because it contravenes the fundamental interests of the Chinese and American peoples and the global trend toward development and progress.
Foreign Ministry spokesperson Zhao Lijian made the remarks at a press briefing when asked to comment on a survey released by the U.S.-China Business Council (USCBC).
The so-called "Report on Protecting United States Investors from Significant Risks from Chinese Companies" has recommendations such as enhancing listing standards on U.S. exchanges for access to audit work papers.
BEIJING, Aug. 10 (Xinhua) -- Chinese President Xi Jinping on Monday sent a congratulatory message to Alexander Lukashenko on his re-election as Belarusian president.
Noting that the United States and Russia are having "very important negotiations" on some existing nuke control treaties, such as the New Strategic Arms Reduction Treaty, Cui said the treaties are "extremely important for international strategic stability."