Cambodia Preferential Trade Agreement

Posted on Posted in Egyéb

In search of a new source of tax revenue, Cambodia could then be pushed to collect domestic excise duties, which would shift the tax burden onto Cambodian consumers. “The EU`s unilateral trade preferences are based on the requirement to respect international human rights standards,” said Brad Adams, Asia director at Human Rights Watch. “Hun Sen has publicly and stubbornly refused to take steps to dispel the EU`s concerns and even launched a false treason trial against the opposition leader in the final phase of EU talks, so the EU has no choice but to take these steps.” Cambodian politicians must do two things to make the most of this free trade agreement.