Cambodia loses EU trade privileges as it rushes FTA with China
Sanctions will hit nation's $10 billion garment and footwear sector
A garment factory in Phnom Penh. The sector has already suffered mass job suspensions after global consumer demand collapsed amid the COVID-19 pandemic.
PHNOM PENH -- The European Union on Wednesday enforced trade sanctions against Cambodia in response to its government's oppression of political opponents, among other human rights violations.
EU tariffs will now be levied on about 20% of Cambodia's exports to the bloc, or about $1.1 billion of shipments in dollar terms.
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