EU Kicks Off Fact-Finding Mission to Determine Cambodia’s Eligibility For Preferential Trade Status
The European Union kicked off a five-day fact-finding mission in Cambodia on Monday to determine whether it should continue to benefit from a tax-free EU trade scheme, based on the state of human rights and democracy in the Southeast Asian nation.
In February, the EU announced it would launch a six-month monitoring period to determine whether Cambodian exports should continue to enjoy tax-free entry into the European market under the Everything But Arms (EBA) scheme, prompted by a November 2017 ruling by Cambodia’s Supreme Court to ban the opposition Cambodia National Rescue Party (CNRP).