Cambodia Faces Next Trade-Sanctions Move by the European Union

The European Union moved closer to imposing trade sanctions against Cambodia as a result of alleged human-rights violations in the country.

The European Commission in Brussels has asked EU national governments to give the green light by Jan. 29 for suspending a policy that lets Cambodia export all goods except weapons duty-free and quota-free to the bloc, according to two officials familiar with the matter. They spoke on the condition of anonymity because the deliberations are private.

Any go-ahead from EU national capitals would still leave a decision by the commission, the bloc’s executive arm, 12 months away. At stake is Cambodia’s place in the EU’s “Everything But Arms” initiative, the most generous part of the bloc’s Generalized Scheme of Preferences for poor countries around the world.

In full: https://www.bloomberg.com/news/articles/2019-01-22/cambodia-faces-next-trade-sanctions-move-by-the-european-union?srnd=economics-vp

© 2019, The Cambodia Daily. All rights reserved No part of this article may be reproduced in print, electronically, broadcast, rewritten or redistributed without written permission.