US Senators Turn to Trade Sanctions to ‘Restore Cambodian Democracy’

The EU has also begun a process to remove trade preferences from Cambodia under the “Everything But Arms” scheme, which Cambodia saves almost $700 million annually in tariffs.

Washington, DC – US senators have urged Cambodia to reverse course an reinstate the country’s main opposition party or face the possibility of trade sanctions.

Senators Ted Cruz and Chris Coons introduced the Cambodia Trade Act last week, which would require the Trump administration to review the General System of Preferences (GSP), a preferential trading scheme after its leaders failed to heed to international demands for reform.

“I think this is an important signal to the Cambodian government that they need to reconsider some of the recent actions or face a very real possibility of review of their GSP eligibility,” Coons told VOA Khmer. “This is a bi-partisan expression of concern about the direction of the Cambodian government.”

In full: https://www.voacambodia.com/a/us-senators-turn-to-trade-sanctions-to-restore-cambodian-democracy/4745483.html

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