China and Cambodia have jointly reaffirmed their support for a rules-based global trading system, pushing back against rising protectionism during Chinese President Xi Jinping's recent state visit to Phnom Penh. In a formal statement, the nations highlighted their shared vision for a 'predictable, open, and inclusive' multilateral framework anchored by the World Trade Organization (WTO).
The agreement advances three China-led global initiatives aimed at fostering economic integration while opposing trade restrictions deemed harmful to international stability. Both countries agreed to collaborate on WTO reforms ahead of the organization’s 14th Ministerial Conference, emphasizing the body’s role in enabling 'balanced and win-win' globalization.
The joint declaration also addressed regional security concerns, with both sides opposing exclusive alliances and nuclear proliferation in the Asia-Pacific. They pledged to promote peace through dialogue, warning that military posturing risks destabilizing the region.
Analysts see the partnership as a strategic alignment reinforcing China’s economic influence in Southeast Asia while bolstering Cambodia’s position in global trade networks. The collaboration aligns with broader efforts to streamline cross-border investments and supply chains across developing economies.
Reference(s):
China, Cambodia reaffirm commitment to multilateral trading system
cgtn.com