Potential for more Europe exports
Cambodian exporters ought to make further use of tariff-free entry to the European Union, particularly given loosened regulations governing rule of origin, EU officials said at a trade seminar yesterday. Least Developed Countries such as the Kingdom could export to the EU duty and quota free, as long as the country manufactured 40 per cent of the product’s value, officials said. Prior to January 2011, the bar was higher, at 70 per cent.
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