EU TRADE SANCTIONS ON CAMBODIA COME INTO FORCE

On 12 August, EurActiv reported that the EU has reimposed customs duties on many of Cambodia’s exports, suspending its trade arrangement over concerns about human rights. Cambodia has lost its access to the EU’s “Everything But Arms” trade arrangement for least developed countries, which will hit typical exports such as garments, footwear and travel goods. These products represent around 20% of Cambodia’s exports to the EU and will now be subject to the general tariffs applied under WTO rules.

https://www.euractiv.com/section/global-europe/news/eu-trade-sanctions-on-cambodia-come-into-force/

https://ec.europa.eu/commission/presscorner/detail/en/ip_20_1469

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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