Cambodia loses EU trade privileges as it rushes FTA with China

Sanctions will hit nation's $10 billion garment and footwear sector.

The European Union on Wednesday enforced trade sanctions against Cambodia in response to its government’s oppression of political opponents, among other human rights violations.

EU tariffs will now be levied on about 20% of Cambodia’s exports to the bloc, or about $1.1 billion of shipments in dollar terms.

The punitive measures, certain to exacerbate Cambodia’s unfolding economic crisis precipitated by the coronavirus pandemic, stem from a year-long review concluded in February.

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