"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.
The companies, in line with market principles and international rules, have conducted commercial activities in the United States while following local laws and regulations, Wang told a daily press briefing.
"Very often we hear complaints here that we don't give a level playing field to American companies. But more and more, I believe we should complain Chinese companies are not having a level playing field here," he said.
China rejects any attempt to create so-called "new Cold War": FM
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.
Representatives from 11 countries including China, Egypt and Uganda spoke at the roundtable, which was attended by nearly 90 people online. Enditem
Over four decades ago, leaders of China and the United States made the handshake across the vast Pacific Ocean, he added, noting that what made this possible was that both countries adhered to the principle of mutual respect and seeking common ground while putting aside differences.
"China has shown its interest in cooperating with other countries in the development of a vaccine against the new coronavirus, even announcing that it will make its vaccines a public good with universal access," he said.
In trade, for example, China has moved to address Washington's concerns, said Castrillon.
"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.
These actions will by far create trade unpredictability and render the domino effect through the introduction of such policy by other members as retaliations, he added.