China to help Cambodia if EBA removed

29 Apr 2019  2156 | Business & Trade Fairs

China on Saturday pledged to support Cambodia if the European Union removes the Kingdom’s special trade status under the Everything-but-arms (EBA) scheme.

Also on Saturday, Van Sou Ieng, who has been re-elected as chairman of the Garment Manufacturers Association in Cambodia (GMAC), defended Cambodia’s labour rights record and appealed to EU leaders to “carefully consider” their decision.

Speaking on the sidelines of the Belt and Road Initiative (BRI) Forum in Beijing, Cambodian Prime Minister Hun Sen and Wang Huning, member of the Political Bureau of the Chinese Communist Party, discussed the possible removal of Cambodia’s EBA status with the EU, Kao Kim Hourn, delegate minister attached to the Prime Minister, told news agency AKP yesterday.

“Wang Huning told Samdech Techo Hun Sen that China has studied the impact that the withdrawal of the EBA will have on Cambodia. It found that the impact would not be serious. China will find ways of helping Cambodia,” Mr Kim Hourn said.

“Wang Huning stressed that Samdech Techo Hun Sen is a true friend of China and its people and is always attentive to what’s best for Sino-Cambodian relations.”

In response, Mr Hun Sen praised the success of the forum and said Cambodia’s has already benefited greatly from the BRI and is fully on board with it.

Additionally, Mr Hun requested China to further open its market to Cambodian products, especially agricultural goods.

“Samdech Techo Hun Sen wants to see that Chinese companies continue their investment in Cambodia and asked the Chinese government to encourage Chinese companies to do business here by highlighting the Cambodian government’s reform programme to improve the investment environment and attract foreign investors,” he said.

That same day, GMAC’s Mr Sou Ieng told reporters in Phnom Penh that he hoped the EU will not withdraw the Kingdom’s EBA status.

Speaking at GMAC’s general meeting, he explained that Cambodia fully complies with local labour laws as well as the International Labour Organization Conventions.

He said the garment industry has been playing a crucial role in the economic development of Cambodia and is helping reduce the poverty rate.

Mr Sou Ieng pointed out that the sector has faced some important challenges, most notably the EU’s recent decision to launch the process that could see the Kingdom’s EBA status come to an end.

“The potential removal of the EBA is a challenge and a threat to the sector, but I hope that the scheme will not be abolished because Cambodia has fully cooperated with ILO for the past 20 years.

Read more...

Recommended Cambodia Tours

Cambodia Day Tours

Cambodia Day Tours

Angkor Temple Tours

Angkor Temple Tours

Cambodia Classic Tours

Cambodia Classic Tours

Promotion Tours

Promotion Tours

Adventure Tours

Adventure Tours

Cycling Tours

Cycling Tours