Cambodia will no longer benefit from the European Unions’s preferential trade program

Cambodia and the European Union have for years been on a collision course over the south-east Asian country’s “serious and systemic violation of human rights”.

Now, the EU has officially reimposed custom duties on a big portion of Cambodia’s exports, following up on an announcement it had made in February.

The trade relationship between the two parties fell under the Everything but Arms (EBA) agreement, a 2001 initiative under which all imports (except for armaments) to the European Union from the United Nations’ Least Developed Countries were automatically considered duty-free and quota-free.

In full: https://www.euronews.com/2020/08/12/cambodia-will-no-longer-benefit-from-the-european-unions-s-preferential-trade-program

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