Cambodia PM Hun Sen Shrugs Off EU Preferential Trade Status Decision

Prime Minister Hun Sen on Tuesday appeared to shrug off the European Union’s decision last week to suspend tariff-free access for around one-fifth of Cambodia’s exports to its market over rollbacks on democracy and human rights, saying his country will “continue to export” despite facing higher tariffs.

The partial suspension of preferential trade status Cambodia enjoys under the Everything But Arms (EBA) scheme for developing nations, announced on Feb. 12, would affect around U.S. $1.1 billion of the country’s exports to the EU.

The decision would reinstate tariffs on garments and footwear, as well as travel goods and sugar, beginning Aug. 12, unless it is blocked by the bloc’s governments or its parliament, the European Commission (EC) said.

In full: https://www.rfa.org/english/news/cambodia/hunsen-eba-02182020165359.html

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