Tariff cuts slash $150M from revenue

Trade liberalisation under the ASEAN Free Trade Agreement (AFTA) cost Cambodia $150 million in lost tariff revenue last year, with the losses projected to climb further in the coming years as the Kingdom phases out tariffs on goods originating within the 10-member economic bloc, a customs official said yesterday. …

Hor Kimsay
http://www.phnompenhpost.com/business/tariff-cuts-slash-150m-revenue