During President Xi Jinping’s state visit to Cambodia, both nations issued a joint statement rejecting trade protectionism and underscoring their shared vision for a multilateral trading system led by the World Trade Organization (WTO). They called for a system that is predictable, transparent, non-discriminatory, open and inclusive.
Strengthening the WTO at the Core
The joint statement highlighted the countries’ ambition to defend the legitimate rights of all WTO members and drive reform ahead of the organization’s 14th ministerial conference. By opposing trade and investment restrictions, they aim to safeguard economic security and preserve the global trade order.
Advancing Inclusive Globalization
Both sides pledged to push for practical outcomes at the next ministerial meeting, working together to steer globalization towards a balanced, win-win direction. They reiterated the WTO’s critical role in shaping trade rules, providing a platform for dialogue, and facilitating market access worldwide.
Building an Asia-Pacific Community
On regional security, China and Cambodia voiced opposition to exclusive blocs and camp-based confrontations that threaten stability. They warned against nuclear proliferation and missile deployments that could spark an arms race. Instead, they committed to fostering an Asia-Pacific community with a shared future, contributing to lasting peace and prosperity in the region.
As global trade faces increasing uncertainty, the renewed partnership between China and Cambodia sends a clear signal: strengthening multilateral institutions and promoting open markets remain essential for sustainable growth and stability.
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China, Cambodia reaffirm commitment to multilateral trading system
cgtn.com
