Everything But Arms Agreement Cambodia
While Cambodia accepts the European Commission`s recommendation on the partial suspension of the Kingdom`s trade status for anything but arms (EBA), Prime Minister Hun Sen said that the European Union should also respect the Kingdom`s attitude. … The kingdom`s annual clothing and textile sector, worth $7 billion, will suffer the partial loss of a European Union (EU) zero-preferential tax agreement from today, with the Cambodia-China Free Trade Agreement being finalised. … President Xi Jinping assured Prime Minister Hun Sen that China would continue to support the kingdom`s economy despite a possible all-out arm suspension by the European Commission this month. … Trade relations between the two sides were under the „Everything but Arms” (EBA) agreement, a 2001 initiative whererly all imports (excluding armaments) from the least developed countries of the United Nations to the European Union were automatically considered to be duty-free and contingent-free. Since the EU announced its intention to withdraw the agreement, it appears that the Cambodian government has made some concessions, for example by referring opposition leader Kem Sokha to house arrest. The Reaksmeywww.voacambodia.com/a/cambodian-government-mulls-response-to-european-union-report-on-eba-suspension-/5165555.html GATT IV.D.3 decision of 28 November 1979 served as the basis for more favourable treatments for the least developed countries. [6] The first EBA proposal for an agreement began on 20 September 2000: the European Commission proposed „duty-free access to all products from all least developed countries in the EU”.
[7] Preferential treatment favours least developed countries (LDCs), which, among other things, comply with international human rights conventions; tariff preferences granted to Cambodia have recently been suspended for certain products due to „serious and systematic violations of human rights principles enshrined in the International Covenant on Civil and Political Rights”. [8] Prime Minister Hun Sen, on a visit to Geneva, again made accusations of european Union complacentness regarding the possible suspension of the commercial status of the kingdom`s all-right arm. Mr Hun Sen is attending a three-day meeting on the global review of aid for trade in Switzerland and… Faced with the possibility of improving human rights standards in the country, he decided not to comply with the Bloc`s request. Instead, he signed a new agreement with China, which some said would not be enough to make up for the loss Cambodia will suffer if it loses preferential access to trade with the EU. In several factories, dozens of garment workers with whom Al Jazeera spoke did not talk about the impending decision, or even the agreement. „Ate Hoekstrawww.dw.com/en/eu-to-cambodia-fix-human-rights-or-face-economic-hardship/a-46294993 ” RTT News Staff www.rttnews.com/2285917/eighth-eu-cambodia-joint-committee-concludes-in-brussels.aspx?type=gn&utm_source=google&utm_campaign=sitemap strict rules to prove that rice exported from Cambodia actually comes from Cambodia, are described in detail today, according to a copy of a joint agreement between the Ministry of Commerce and industry associations.