EU’s biggest bike supplier Cambodia could lose its preferential trading terms. The EU is currently considering a temporary withdrawal of tariff preferences for Cambodia based on human and labor rights criteria. A decision is expected to be announced early in 2020. The Cambodian Bicycle Coalition is renewing its call for the European Commission to not withdraw the country’s ‘Everything But Arms’ (EBA) trade benefits.
The Cambodian Bicycle Coalition (CBC), representing A&J (Cambodia) Co. Ltd., Smart Tech (Cambodia) Co. Ltd., and SpeedTech Industrial Co. Ltd. stated today that, “our ability to competitively supply our EU customers is dependent upon continued market access under the EBA program.”