EU withdrawal of Cambodia’s duty benefits takes effect

Despite months of objections by Cambodia’s garment and footwear sectors, the European Union’s (EU) decision to partially withdraw the country’s preferential access to the EU market under the Everything But Arms (EBA) trade scheme is now in effect.

As of yesterday (12 August), some of Cambodia’s exports such as garments, footwear and travel goods became subject to the EU’s customs duties and will now incur duties at the WTO’s Most Favoured Nation (MFN) rate.

The EU announced it would partially suspend Cambodia’s eligibility for the EBA programme – the EU’s trade arrangement for Least Developed Countries – in February due to growing concerns about the country’s human rights records.

In full: https://www.just-style.com/news/eu-withdrawal-of-cambodias-duty-benefits-takes-effect_id139371.aspx

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