The EU would commit a serious mistake if it decides to remove EBA from Cambodia. It should instead continue to help the Kingdom to develop its economy and gradually build democratic governance.
Prime Minister Hun Sen has said that the withdrawal of the Everything-but-arms treaty by the European Union will not affect Cambodia as it would have eventually disappeared regardless of the EU’s current review.
The European Union officially notified Cambodia yesterday that the procedure for the withdrawal of its preferential trade treatment under the ‘Everything but Arms’ (EBA) scheme had already “been launched”. Writing in the European Commission’s official…
The threat of sanctions will make Cambodian people once again victims of big power policies after the Khmer Rouge.
There is an implicit assumption that Cambodia would have to pay $676 million a year to the EU if EBA is suspended as suggested by the European Parliament.