Groups representing Cambodia’s apparel and footwear manufacturers have issued a fresh appeal to the European Union (EU) to postpone the planned withdrawal of the Everything But Arms (EBA) trade benefits as the country reels under the impact of the Covid-19 pandemic.
Cambodia is currently set to lose its duty-free benefits on some garment and footwear products and all travel goods from 12 August. After this date, the products will incur duties at the WTO’s Most Favoured Nation (MFN) rate.
In a letter dated yesterday (2 June), the Garment Manufacturers Association in Cambodia (GMAC), the Cambodia Footwear Association (CFA), and the European Chamber of Commerce in Cambodia (Eurocham) urged the presidents of the European Commission and European Parliament, and the European External Action Service (EEAS) high representative, to re-evaluate the decision in light of the crisis.
In full: https://www.just-style.com/news/eu-again-urged-not-to-end-cambodia-trade-benefit_id138866.aspx
