Exports of bicycles to dip in 2014

Cambodia’s bicycle exports to the European Union are expected to decline this year after changes to EU trade preferences in early January excluded Malaysian and Singaporean parts from the scheme. Under EU preferences, a bicycle is considered a Cambodian product when at least 30 per cent of its value is constructed in the Kingdom. That 30 per cent, however, can include material imported from ASEAN member countries. …

Hor Kimsay
http://www.phnompenhpost.com/business/exports-bicycles-dip-2014