Cambodia hopes to retain preferential trade status with UK

The Cambodian government is hoping to retain its preferential trade status with the United Kingdom (UK) after it left the European Union (EU).

Currently, Cambodia is benefiting from a preferential trade deal with the EU known as Everything but Arms (EBA) but there are fears this will be withdrawn later this month amid allegations of human rights breaches.

Although the UK will be bound by EU rules during a so-called transition period lasting until December 31, the Cambodian government hopes that if the privilege is removed it will then be restored by the UK next year.

In full: https://en.vietnamplus.vn/cambodia-hopes-to-retain-preferential-trade-status-with-uk/168166.vnp

© 2020, All rights reserved.