Industry Associations Issue Stark Warning to Cambodia Over Trade Schemes

In February, the European Commission launched an official process that could see Cambodia being temporarily withdrawn from EBA, due to a dramatic decline in human rights and democratic standards.

Phnom Penh – Eight buyers associations have expressed concern over the possible expulsion of Cambodia from international preferential trading schemes over the country’s rights record.

A coalition of buyers groups representing the garments, footwear and travel industries have said remaining in the EU’s Everything But Arms (EBA) and United States’ Generalized System of Preference (GSP) systems was essential to the health of the sectors.

In a letter to the government on April 4, the groups, which included the American Apparel & Footwear Association, Fair Wear Foundation, European Branded Clothing Alliance, Federation of the European Sporting Goods Industry, and Social Accountability International, claimed that the loss of the EBA and GSP would be a severe threat to the Cambodian economy.

In full: https://www.voacambodia.com/a/industry-associations-issue-stark-warning-to-Cambodia-over-trade-scheme/4866749.html

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