& Events

Partial withdrawal of Cambodia’s preferential access to the EU market

Feb 12, 2020 | News

(12 February 2020) – The European Commission has decided to withdraw part of the tariff preferences granted to Cambodia due to “the serious and systematic violations of the human rights principles”.

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The withdrawal of tariff preferences – and their replacement with the EU’s standard tariffs (most favoured nation MFN) – will affect selected garment and footwear products, and all travel goods and sugar.

The withdrawal amounts to around one-fifth or €1 billion of Cambodia’s yearly exports to the EU.

Unless the European Parliament and the Council object, this will take effect on 12 August 2020.

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