World Bank: EU exports may decline up to $654M

The value of Cambodian exports to the EU is expected to decline between $513-$654 million per annum if the country’s tariff-free access is withdrawn, according to a World Bank report released on Monday. The World Bank’s assessment – made in a report named Cambodia Economic Update – was based on last year’s data on the value of Cambodia’s three key EU exports – clothing, footwear and milled rice. …

Hor Kimsay
https://www.phnompenhpost.com/business/world-bank-eu-exports-may-decline-654m