Minister asks for export break

7 September 2011
The Phnom Penh Post
Economy and commerce
Africa / American Chamber of Commerce in Cambodia / Cham Prasidh / Chinese aid / Doha / Duty-Free / EU / European Union aid / Garment Manufacturers Association of Cambodia / Ministry of Commerce / Negotiations / Tariffs / UK / United Kingdom / United States aid / US / US Senate / World Trade Organization

Minister of Commerce Cham Prasidh yesterday called on the US to allow duty-free entry for Cambodian exports, a benefit the Kingdom already enjoyed with the European Union. The introduction of preferential tax treatment from the US would result in the Kingdom’s share of that country’s garment market rising to 4 percent from 2 percent. Cambodia currently exports around US$2 billion worth of garment products to the US, 60 percent of the Kingdom’s total garment exports, said Cham Prasidh.

http://www.phnompenhpost.com/index.php/2011090751485/Business/minister-asks-for-export-break.html