Cambodia unveils new measures to support local firms

Hanoi – Cambodia has unveiled several measures to support local manufacturers and exporters in case the European Union (EU) decides to temporarily strip trade preferences from the country, according to China’s Xinhua News Agency.

The Cambodian Ministry of Commerce issued a statement on February 12, saying that it has cancelled the Export Management Fee (EMF), meaning that local exporters are no longer required to pay for a certificate of origin (CO).

Furthermore, exporters are not required to apply for a CO if it is not required by authorities in the destination country.

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