News

Europe expected to consider EBA efforts, impact

The government said it expects the European Commission to consider its efforts to comply with the “Everything But Arms” (EBA) regulations and the impact on one million workers should access to the agreement be suspended in February. The Ministry of Foreign Affairs and International Cooperation ...

Niem Chheng
https://www.phnompenhpost.com/national-politics/europe-expected-consider-eba-efforts-impact

EBA withdrawal a destruction of EU achievements, PM says

Prime Minister Hun Sen said the EU’s possible suspension of its Everything But Arms (EBA) agreement amounted to a destruction of its achievements in the Kingdom and the demise of the opposition group. Hun Sen made the remarks while addressing more than 6,700 students during ...

Niem Chheng
https://www.phnompenhpost.com/national-politics/eba-withdrawal-destruction-eu-achievements-pm-says

Garment factories opening despite potential loss of EBA deal: report

Garment factories continue to open in the Kingdom despite the looming threat Cambodia faces of losing its Everything-but-arms (EBA) status with the European Union, a report published recently notes.​ ...

Chhut Bunthoeun
https://www.khmertimeskh.com/50666883/garment-factories-opening-despite-potential-loss-of-eba-deal-report/

EU ambassador expresses hope for Kingdom retaining EBA status

New EU ambassador to Cambodia Carmen Moreno met with National Assembly president Heng Samrin and expressed her interest in helping Cambodia retain the “Everything But Arms” (EBA) agreement. Moreno paid a courtesy call on Samrin at the National Assembly on Tuesday on her first day ...

Niem Chheng
https://www.phnompenhpost.com/national-politics/eu-ambassador-expresses-hope-kingdom-retaining-eba-status

World Bank reports strong export growth, warns of potential ‘EBA’ withdrawal

The World Bank on Wednesday released an update to the biannual “Cambodia Economic Update”, which showed that the economy grew by 7.5 percent in 2018, but could drop to 7 percent this year. The updated growth numbers are the same as the ones released in ...

Hul Reaksmey
https://www.voacambodia.com/a/world-bank-reports-strong-export-growth-warns-of-potential-eba-withdrawal/5185964.html

World Bank warns of economic risks amid strong growth

Possible E.U. trade sanctions, rising indebtedness and slowing foreign investment — which “peaked” last year — pose substantial risks to the Cambodian economy despite continuing strong growth, the World Bank said in its latest country update. ...

Tran Techseng
https://vodenglish.news/world-bank-warns-of-economic-risks-amid-strong-growth/

$3 billion in reserve ahead of possible EBA withdrawal

The government has reserved around $3 billion to cope with a possible suspension of the Kingdom’s access to the EU’s preferential “Everything But Arms” (EBA) agreement. ...

Thou Vireak
https://www.phnompenhpost.com/national-politics/3-billion-reserve-ahead-possible-eba-withdrawal

Channy: Banking will stay strong, with or without EBA

Association of Banks in Cambodia president In Channy on Tuesday said the Kingdom’s banking sector will remain strong and not be directly affected by the potential suspension of its access to the EU’s “Everything But Arms” (EBA) trade agreement. ...

May Kunmakara
https://www.phnompenhpost.com/business/channy-banking-will-stay-strong-or-without-eba

China trade talks unrelated to EBA uncertainties, government says

A Commerce Ministry official said on Thursday that initiation of talks with China for a free trade agreement were not linked to a potential suspension of the ‘Everything But Arms’ trade scheme. The Chinese Embassy in Phnom Penh announced last week that the two countries ...

Aun Chhengpor
https://www.voacambodia.com/a/china-trade-talks-unrelated-to-eba-uncertainties-government-says/5175305.html

Sar Kheng says Kingdom is addressing European Union’s land dispute concerns

Interior Minister Sar Kheng yesterday said that the government has already made progress on one of the points listed in the European Commission’s preliminary report on whether the Kingdom should retain its Everything-but-arms trade status with the European Union. The government is currently reviewing the ...

Taing Vida
https://www.khmertimeskh.com/50662535/sar-kheng-says-kingdom-is-addressing-european-unions-land-dispute-concerns/

Everything But Arms: EU close to suspending Cambodia’s trade preferences

The EU slammed the government for the dire human rights situation in the Southeast Asian country, giving it a one-month deadline to respond to a preliminary report on suspending trade preferences before deciding whether to go ahead with the plan. Brussels has warned Phnom Penh ...

EU Bulletin
https://www.eubulletin.com/10398-everything-but-arms-eu-close-to-suspending-cambodias-trade-preferences.html

PM confident EBA outcome will not impact Kingdom

As the government reviews a European Commission preliminary report on whether Cambodia should retain its Everything-but-Arms preferential trade status, Prime Minister Hun Sen has said that the Kingdom has strong financial foundations to sustain itself with or without the EBA. “Someone said we will suffer ...

Ben Sokhean
https://www.khmertimeskh.com/50660990/pm-confident-eba-outcome-will-not-impact-kingdom/

Government studying EU’s preliminary report on EBA

The Ministry of Foreign Affairs and International Cooperation on Wednesday said the government was studying the EU Commission’s preliminary report on the human rights situation in the Kingdom that could lead to a suspension of access to its “Everything But Arms” (EBA) agreement.The EU launched ...

Mech Dara
https://www.phnompenhpost.com/national-politics/government-studying-eus-preliminary-report-eba

New EU envoy arrives as EBA decision hangs in the balance

Now that the newly appointed EU Ambassador to Cambodia Carmen Moreno has landed in the country, she will be able to see for herself the reality in the Kingdom even as the possible withdrawal of the ‘Everything But Arms’ (EBA) agreement awaits its conclusion, analysts ...

Niem Chheng
https://www.phnompenhpost.com/national-politics/new-eu-envoy-arrives-eba-decision-hangs-balance

Czechs vow support over EBA

The Czech government on Monday pledged to support the Kingdom’s efforts to retain its Everything-but-arms trade status during Prime Minister Hun Sen’s visit to the republic. Mr Hun Sen is on a five-day official visit to Eastern Europe which started on Sunday. He met Czech Prime ...

Ben Sokhean
https://www.khmertimeskh.com/50651403/czechs-vow-support-over-eba/

PM visits three EU members in crunch diplomacy mission

Prime Minister Hun Sen left for Europe on Sunday as he embarked on a five-day diplomatic visit to three EU countries, in a trip analysts have speculated could be crucial in deciding the Kingdom’s ‘Everything But Arms’ (EBA) fate. According to a Ministry of Foreign ...

Niem Chheng
https://www.phnompenhpost.com/national/pm-visits-three-eu-members-crunch-diplomacy-mission

Sar Kheng: Cambodia is still negotiating to keep EBA, GSP status

Minister of Interior Sar Kheng has said that Cambodia is still trying to keep its access to the EU’s Everything But Arms (EBA) agreement and the US’ General System of Preferences (GSP) through negotiations. His remarks came during his mission to Germany from September 24 ...

Mech Dara
https://www.phnompenhpost.com/national-politics/sar-kheng-cambodia-still-negotiating-keep-eba-gsp-status

Negotiations to continue for next year’s minimum wage

Negotiations for next year’s minimum wage will continue this week as the parties work to reach an agreement that will impact about 800,000 workers in the textile, garment and footwear industries, the Ministry of Labour and Vocational Training said on Thursday. ...

Long Kimmarita
https://www.phnompenhpost.com/national/negotiations-continue-next-years-minimum-wage

Cambodia’s rice farmers in serious danger

Half a million Cambodian farmers could possibly be looking at empty rice bowls if the European Union (EU) pushes through with the withdrawal of its Everything But Arms (EBA) trade preference. While the garment and footwear sectors stand to lose the most if the EBA trade ...

Jason Thomas
https://theaseanpost.com/article/cambodias-rice-farmers-serious-danger

Rainsy vow to return on Nov 9 dismissed as ‘political warfare’

An announcement from the Supreme Court-dissolved Cambodia National Rescue Party (CNRP) that its “acting president” Sam Rainsy would return to the Kingdom on November 9 was dismissed on Sunday as “political warfare”. ...

Niem Chheng
https://www.phnompenhpost.com/national-politics/rainsy-vow-return-nov-9-dismissed-political-warfare

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