News
World Bank: Growth at 7% for this year
Cambodia’s economy remained robust, underpinned by solid export performance and strong domestic demand, even as real growth is expected to decelerate to 7.0 per cent this year from 7.5 per cent last year, the latest World Bank Cambodia Economic Update said on Wednesday. ...
Thou Vireak
https://www.phnompenhpost.com/business/world-bank-growth-7-year
Cambodian government mulls response to European Union report on EBA suspension
Foreign Ministry spokesperson Koy Kuong said the government will attempt to address all the points of concern raised by the European Union but refrained from divulging any details. ...
Hul Reaksmey
https://www.voacambodia.com/a/cambodian-government-mulls-response-to-european-union-report-on-eba-suspension-/5165555.html
PM criticises EU during WTO meeting
Prime Minister Hun Sen has renewed accusations of double standards by the European Union over the possible suspension of the Kingdom’s Everything-but-arms trade status during his visit to Geneva. Mr Hun Sen is attending a three-day meeting on Aid for Trade Global Review in Switzerland and ...
Ben Sokhean
https://www.khmertimeskh.com/50621146/pm-criticises-eu-during-wto-meeting/
International business group urges respect for labour rights
A group of international business associations representing garment, footwear and travel goods buyers have called on the government to improve labour and human rights conditions in the Kingdom in the face of possible preferential trade agreement changes by the United States and European Union. In February, ...
Ben Sokhea
https://www.khmertimeskh.com/50594400/international-business-group-urges-respect-for-labour-rights/
EU to Cambodia: Fix human rights or face economic hardship
Both Cambodia and Myanmar heavily depend on the European Union’s duty and quota free trade agreement. But the European bloc believes it is time that these countries address human rights abuses. ...
Ate Hoekstra
https://www.dw.com/en/eu-to-cambodia-fix-human-rights-or-face-economic-hardship/a-46294993
EBA removal won’t affect development projects: EU
The potential cancellation of the Everything-but-arms (EBA) scheme will not have an impact on development projects in Cambodia funded by the European Union, according to George Edgar, the EU Ambassador to Cambodia. ...
Pav Suy
https://www.khmertimeskh.com/50549413/eba-removal-wont-affect-development-projects-eu/
Despite election uncertainty, exports achieve solid growth
Exports of garment and footwear products achieved solid growth during the first half of the year, expanding by 9.3 percent. According to the Ministry of Commerce, exports from the country’s garment industry were valued at $3.7 billion during the first six months of the year. ...
May Kunmakara
https://www.khmertimeskh.com/50517748/despite-election-uncertainty-exports-achieve-solid-growth/
EU council condemns crackdown but stops short of concrete action
The Foreign Affairs Council of the European Union yesterday adopted a set of conclusions condemning “recent worrying political developments and the continuing deterioration of democracy” in Cambodia, though some politicians expressed regret about a missed opportunity to take concrete measures. The conclusions, passed by the European ...
Leonie Kijewski
http://www.phnompenhpost.com/national/eu-council-condemns-crackdown-stops-short-concrete-action
EU Calls for Cambodia Sanctions
The European parliament has voted to consider suspending Cambodia’s preferential “Everything But Arms” trade access to the European Union in response to the country’s authoritarian backslide. ...
David Boyle
https://www.voacambodia.com/a/eu-calls-for-cambodia-sanctions/4165063.html
Italy steps up fight against Cambodian rice
Rice farmers in Italy plan to block four major grain exchanges in the country this week over what they say is the European Union’s failure to keep Italian rice competitive against that of cheaper Asian rivals including Cambodia, which is given duty-free access to European ...
George Styllis
http://www.cambodiadaily.com/business/italy-steps-up-fight-against-cambodian-rice-63945/
Italy millers slam ‘unfair’ EBA
Cambodia duty-free rice exports to the European Union have this week come under fresh attack from producers in Italy, who say the beneficial treatment is restricting the potential of Italian rice exports. An Italian agriculture collective of farmers, which includes representatives from the Italian Association of ...
Daniel de Carteret
http://www.phnompenhpost.com/business/italy-millers-slam-%E2%80%98unfair%E2%80%99-eba
Sugar exports to stay duty free, EU trade czar says
European Union Trade Commissioner Karel de Gucht said he has no plans to launch an investigation into Cambodia’s much-criticized sugarcane plantations after a meeting with Commerce Minister Sun Chanthol in Phnom Penh on Tuesday. Bottom line: Cambodia’s free trade benefits to Europe are safe for ...
Zsombor Peter
http://www.cambodiadaily.com/news/sugar-exports-to-stay-duty-free-eu-trade-czar-says-54447/
Sugar on EU visit’s agenda
European Union Trade Commissioner Karel de Gucht will visit Cambodia this week, the European Commission announced, with rights groups hoping that land grabbing related to sugar plantations will be high on the agenda. Following bilateral meetings in Brussels last week between Cambodia and the EU during ...
Kevin Ponniah and Vong Sokheng
http://www.phnompenhpost.com/national/sugar-eu-visit%E2%80%99s-agenda
EU concludes ‘frank’ talks on rights, reform
Four days of high-level policy meetings between the European Union and Cambodia wrapped up in Brussels yesterday, after seeing “frank and in-depth exchanges” on a number of issues, including human rights, according to an EU press statement released last night. Ahead of the meeting of ...
Kevin Ponniah
http://www.phnompenhpost.com/national/eu-concludes-%E2%80%98frank%E2%80%99-talks-rights-reform
Eighth EU-Cambodia Joint Committee concludes in Brussels
The 8th EU-Cambodia Joint Committee was held in Brussels on Thursday, preceded by the subgroups on development cooperation, on trade and on institution building, administrative reform, legal and judicial reform, governance and human rights, the European bloc said in a press release. The two sides ...
RTT News Staff
http://www.rttnews.com/2285917/eighth-eu-cambodia-joint-committee-concludes-in-brussels.aspx?type=gn&utm_source=google&utm_campaign=sitemap
A refined approach?
Hundreds of trucks hauling sugarcane queue up along the dusty roads that cut a path through a plantation in Kampong Speu province. Their destination: Cambodia’s most advanced sugar refinery. Its owners say the landmark project, run by the Phnom Penh Sugar Company and its president, ruling ...
Daniel de Carteret
http://www.phnompenhpost.com/national/refined-approach
Meeting on bitter sugar issues
An ad hoc committee comprised of representatives from the European Union, the Ministry of Commerce, provincial administrations and the sugar industry met again yesterday at the ministry’s headquarters to continue its discussion of issues faced by those displaced by sugar plantations. The committee touched upon topics ...
Stuart White
http://www.phnompenhpost.com/national/meeting-bitter-sugar-issues
Exporters of rice now subject to origin test
Stringent rules to prove that rice exported from Cambodia is actually from Cambodia will be detailed today, according to a copy of a joint agreement between the Ministry of Commerce and industry associations. The Code of Conduct seeks to reassure the European Union that rice is ...
Daniel de Carteret and Chan Muy Hong
http://www.phnompenhpost.com/business/exporters-rice-now-subject-origin-test
Ministries to Help Farmers Hurt by Sugar Plantations
The government on Monday agreed to a comprehensive solution for rural families who have lost their land to well-connected agricultural plantations exporting sugar to the European Union (E.U.) duty free and will meet again early next month to discuss details. The decision was made at a ...
Hul Reaksmey and Zsombor Peter
http://www.cambodiadaily.com/news/ministries-to-help-farmers-hurt-by-sugar-plantations-51971/
EU Parliamentarian Finds Abuses Fueled by Trade Scheme
Sugar plantations that benefit from the European Union’s Everything But Arms (EBA) scheme, which allows preferential access to the E.U.’s market, have further impoverished Cambodia’s poor, and an investigation needs to be launched, a member of the European Parliament (MEP) said on Friday. Patrice Tirolien, MEP ...
Denise Hruby
http://www.cambodiadaily.com/news/eu-parliamentarian-finds-abuses-fueled-by-trade-scheme-51188/
EU Parliamentarian Probes Sugar Plantations in Cambodia
A member of the European Parliament is in Cambodia investigating agri-business firms accused of evicting hundreds of families while benefiting from a free-trade scheme with Europe worth millions of dollars, according to the NGO Equitable Cambodia. The visit from France’s Patrice Tirolien follows a resolution the ...
Zsombor Peter
http://www.cambodiadaily.com/news/eu-parliamentarian-probes-sugar-plantations-in-cambodia-51166/
EU resolution passed against sugar abuses
The European Parliament has passed a resolution calling on the bloc’s executive body to urgently act on an EU preferential trade scheme found to have carried high risks of human rights violations in Cambodia through land evictions for industrial sugar development. In a January 16 resolution, ...
Kevin Ponniah
http://www.phnompenhpost.com/national/eu-resolution-passed-against-sugar-abuses
EU clarifies rice comments
While the European Union Trade Commissioner Karel De Gucht never told the Ministry of Commerce that Cambodian rice was “30 per cent” mixed with the same product from Vietnam, he did say Cambodia had to better ensure that its harvest was homegrown and not from ...
Eddie Morton and May Kunmakara
http://www.phnompenhpost.com/business/eu-clarifies-rice-comments
EU Alleges Up to 30% of Cambodia Rice Imports Mixed With Vietnam Rice
The Alliance of Rice Producers and Exporters of Cambodia (ARPEC) has proposed a “Code of Conduct” for rice exporters of the country to prevent contamination of rice from other origins in rice exports to EU member countries. Under the Everything But Arms (EBA) trade ...
Oryza
http://oryza.com/news/eu-alleges-30-cambodia-rice-imports-are-mixed-vietnam-rice