On 12 February 2012, the European Commission announced its decision to withdraw part of the tariff preferences granted to Cambodia under the EBA scheme “due to the serious and systematic violations of the human rights principles enshrined in the International Covenant on Civil and Political Rights”.
Why did EU withdraw from EBA from Cambodia?
Based on serious concerns about the deterioration of political, human, land and labour rights in Cambodia, in February 2019, the Commission opened a procedure for a withdrawal of the EBA preferences granted to Cambodia.
Why is Cambodia EU incoherence in trade preferences under the EBA scheme?
On February 11 2020, the EU Commission announced the very first (partial) withdrawal of an Everything but Arms (EBA) status. It affects Cambodia, due to serious and systematic violations of the human rights princi- ples enshrined in the International Covenant on Civil and Political Rights.
Is Cambodia a member of the EU?
Cambodia is a member of WTO since 2004 and, as a least developed country, benefits from the EU’s Everything But Arms scheme, which grants unilateral duty free, quota free access for all exports, except arms and ammunition.
Is Cambodia a GSP country?
Cambodia became a GSP beneficiary in 1997 and in 2016 exported nearly $179 million duty free to the United States under the program. … Under the GSP program, certain products from 120 beneficiary developing countries and territories can enter the United States duty-free.
What is EBA mean?
|EBA||European Bankers Association|
|EBA||Eastern Basketball Alliance|
|EBA||European Blood Alliance (EU)|
|EBA||Effects Based Assessment|
How important is EBA to Cambodia?
The EBA has played an important role in Cambodia’s economic growth and development for years. … Accounting for 17.3 percent of Cambodia’s total trade, the EU ranked the second largest trade partner of Cambodia after China.