By 2019, the European Union had been China's top trade partner for 16 consecutive years, with a total trade volume exceeding 700 billion U.S. dollars for the first time last year, he said.
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.
"Ultimately, they want to drag China and the United States into renewed conflict and confrontation and plunge the world into chaos and division again," he added.
"Resolving issues of common concern through dialogue is the only way to achieve win-win results," said the CSRC. "Only by doing so can a sound environment for the healthy and orderly operation of the global capital market be created."
The minister added that Cambodia often acknowledged its advocacy to regional and global integration, especially in trade.
"These have been the sources of China's economic boom and Cambodia is using China as a role model in our economic development as well," 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.
Maggiorelli said he agreed with the Chinese foreign minister that it was futile for the United States to try and interfere in China's internal affairs, saying it underestimated the strong bond between the Chinese people and the ruling Communist Party of China.
"It's not fair to make such allegations without giving any evidence and to accuse China of not giving American companies a level playing field while at the same time they themselves are denying Chinese companies such a level playing field. This is extremely unfair," he said.
The route, operated three times a week by Air China Cargo, is expected to more than half the shipping time of foreign trade commodities to about 10 days.
The two sides wrapped up their negotiations on the bilateral FTA on July 20.
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