CAMBODIA BUILDING CHINESE INVESTMENT CUSHION AGAINST POTENTIAL END TO EUROPEAN TEXTILE TRADE PREFERENCES
January 1st, 2019
THE CAMBODIAN government has good reason to be bullish about the potential loss of its European Union (EU) ‘Everything but Arms’ duty-free trade access – investment from China in its clothing and textile sector is booming. Prime Minister Hun Sen has threatened violence against Cambodian opposition leaders if the EU follows through on scrapping this trade preference. This would follow a European Commission review of the status since last July’s election, when Hun Sen’s Cambodian’s Peoples Party won all 125 parliamentary seats in an election criticised ...
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