Footwear

Cambodia’s rice farmers in serious danger

Half a million Cambodian farmers could possibly be looking at empty rice bowls if the European Union (EU) pushes through with the withdrawal of its Everything But Arms (EBA) trade preference.While the garment and footwear sectors stand to lose the most if the EBA trade scheme – which gives 49 of the world’s least developed countries tax-free access to vital EU markets for all exports except for arms and ammunition – is removed, Cambodia’s rice industry could be staring at tough times

26 August 2019
0

Hun Sen’s Cambodia could be in trouble

There is growing concern about the European Union’s (EU) proposed suspension of its Everything But Arms (EBA) trade agreement with Cambodia, a move which could set the country back years.Established in 2001, EBA gives 49 of the world’s least developed countries tax-free access to vital EU markets for their exports except for arms and ammunition.While the EU has always warned that EBA preferences can be removed if beneficiary countries fail to respect core United Nations (UN) and International

3 June 2019
0