After “severe and systematic” violations of human and labour rights, the EU is to ‘tax’ more Cambodian exports – a blow to the country’s forwarders and its apparel industry.
From 12 August, tariffs will be applied to 20% of Cambodia’s exports to the EU, representing around $1.3bn of goods previously duty-free. The EU receives nearly half of Cambodia’s exports.
The move was announced after a year-long investigation into Cambodia’s “severe and systematic” violations of human and labour rights.