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EU finally slashes Cambodia trade benefits over ‘rights violations’


geovalin

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The European Union has officially slashed trade benefits for Cambodia over the kingdom’s human rights record, top officials said. The EU said it would partially suspend duty-free preferences under the “Everything But Arms” (EBA) deal, a scheme meant to help boost trade in some of the world’s poorest economies.

 

The EU was acting on a recommendation by it effective civil service, the European Commission. “The European Union will not stand and watch as democracy is eroded, human rights curtailed, and free debate silenced,” EU foreign policy chief Josep Borrell said in a statement.

 

The decision was however a partial one, with the withdrawal hitting about 20 percent or one billion euros ($1.1 billion) of Cambodia’s yearly exports to the EU. Cambodia has reacted by seekin gfree trade deals with other countries. “The respect for human rights is non-negotiable for us. We recognise the progress Cambodia has made, but serious concerns remain,” EU Trade Commissioner Phil Hogan said.

 

read more https://www.khmertimeskh.com/50696924/eu-finally-slashes-cambodia-trade-benefits-over-rights-violations

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2 hours ago, terryw said:

When is the EU going to do the same to China? Probably never.

Not just the EU, but the world and you're probably right, never. Sucks!! We create the UN for HR violations and these violations continue to happen all over the world, with some of the biggest HR abuses in those countries which have some of the gravest HR abuses in the world

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