Yearender: Cambodia’s economy remains robust amidst concerns over EBA deal loss

Cambodia’s economy remains robust this year despite concerns over the possible loss of Everything but Arms (EBA) trade scheme with the European Union, officials and analysts said.

The EU started in February the 18-month process that could lead to the temporary suspension of Cambodia’s duty-free trading access to the EU market under the EBA scheme due to concerns over human rights and labor rights.

If suspended, it is predicted the kingdom’s growth could slow down in a short term.

In full: http://www.xinhuanet.com/english/2019-12/16/c_138635349.htm

© 2019, All rights reserved.