Moody’s warns of ‘credit negative’ if EBA is lost

Moody’s Investors Services has warned that Cambodia’s potential loss of its Everything But Arms (EBA) preferential trade access to the EU would weaken its economic growth and lead to a credit negative, a report released on Saturday says. It notes that while Cambodia maintained its B2/stable sovereign rating, the country would undermine the price competitiveness of its garment exports unless they are offset by productivity gains. …

Sorn Sarath and Cheng Sokhorng
https://www.phnompenhpost.com/business/moodys-warns-credit-negative-if-eba-lost