EU partially withdraws EBA on Cambodia, hitting US$1.9 bil exports

The EU Commission on Wednesday announced the partial withdrawal of the Everything But Arms (EBA) scheme, citing a serious and systematic violation by Cambodia of principles in the four core human and labour rights.

The suspension affects one-fifth or €1 billion ($1.91 billion) of Cambodia’s annual exports to the EU’s 27-nation bloc.

The decision would take effect on August 12, unless the Parliament objects. The partial withdrawal would affect selected garment and footwear products, and all travel goods and sugar, the EU Commission press release said.

In full: https://www.thestar.com.my/news/regional/2020/02/13/eu-partially-withdraws-eba-on-cambodia-hitting-us19-bil-exports

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