EU partially withdraws tariff preferences to Cambodia under EBA

Cambodia’s annual 7-billion-USD garment and textile sector is expected to suffer losses from the European Union (EU)’s partial withdrawal of the tariff preferences granted to the Southeast Asian country under the Everything But Arms (EBA) trade agreement from August 12.

The move follows the EU decision made in February 2020 even though the Cambodian government and private sector have been trying to lobby the bloc not to implement or at least delay the withdrawal, according to the local media Khmer Times.

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