"Cambodia is highly confident that China, a hub of global business and investment, will not only open its market access for Cambodia's products in this current state, but also consider further liberalization for the kingdom's export," Sorasak said.
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.
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).
"We still need to increase testing abilities," Mahdi said. "The testing rate needs to be at least five or ten percent of our 40 million population in order to detect more and more cases."
Regarding Washington's restrictions on Chinese technology companies, the experts agreed that the measures will only isolate Americans from progress in different fields, including 5G technology in telecommunications, in which Chinese companies are at the fore.
BEIJING, Aug. 8 (Xinhua) -- General Secretary of the Central Committee of the Communist Party of China (CPC) and Chinese President Xi Jinping sent a message of condolence on Saturday to his Vietnamese counterpart, Nguyen Phu Trong, over the passing of Le Kha Phieu, former general secretary of the Communist Party of Vietnam Central Committee (CPVCC).
The Chinese diplomat said the recent allegations against Chinese consulate in Houston or any of Chinese diplomatic missions in the United States are "totally groundless."
The bilateral FTA also impeccably responds to Cambodia's policy directions sketched in the Industrial Development Policy and the "Rectangular Strategy," the minister added.
"We are always ready to develop a China-U.S. relationship featuring no conflict, no confrontation, mutual respect and win-win cooperation based on coordination, cooperation and stability," he added.
The China-U.S. relationship needs to be recalibrated, said William Zarit, chairman of American Chamber of Commerce in China, adding that statesmanship is required.
"They are showing us the way to establish a good lab," Mahdi said, noting that an important feature of the lab is its ability to receive samples around the clock all days of the week. Thirty lab workers are divided into three shifts, enabling the lab to complete 700 to 1,000 tests a day.