CAMBODIA: RISKING LOSING ITS “EVERYTHING BUT ARMS” DUTY-FREE ACCESS TO THE EU

A briefing paper from the EU Parliament says that Cambodia is one of nearly 50 developing countries that enjoy duty-free access to EU markets under the “Everything but Arms” scheme.  In response to the country’s deteriorating human rights situation, the EU is now considering whether to withdraw trade preferences.  Established in 2001, the scheme gives 49 of the world’s poorest countries duty-free access to EU markets.  As the name suggests, it applies to all of their exports except for arms and ammunition.  It is part of the EU’s wider Generalised Scheme of Preferences (GSP), which includes 3 sub-schemes for developing countries.  The paper looks at why Cambodia faces losing access, and the pros and cons for reaching such a decision.

http://www.europarl.europa.eu/RegData/etudes/ATAG/2019/637931/EPRS_ATA(2019)637931_EN.pdf

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

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