BLOCKED US FUNDS TO CAMBODIA WILL NOT HURT CAMBODIAN TEXTILE INDUSTRY: GMAC
January 1st, 2014
US budgets cutting development aid to Cambodia will not harm the Cambodian textile sector, its key industry association told just-style.com. "I don’t think it will have any impact," said Ken Loo, secretary general of the Garment Manufacturers Association in Cambodia (GMAC), who stressed that the lost finding was funnelled through the Cambodian government rather than direct to the private sector. This is despite the signing by President Obama on January 17 of the US Consolidated Appropriations Act, which lasts until September 30, stating that funding for ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.