Thursday, July 21

Bye Bye Tariffs

As a member of the Association of Southeast Asian Nations, Cambodia has 10 years to wipe out tariff.

The mechanics of a zero-tariff regime by 2015 are explained as a key milestone in bringing the 10-member group together as a single market and production base by 2020.

Meanwhile examples of the "tectonic shift in the textile trade landscape" can be found in detail here.
Given that the Cambodian textile and clothing accounts for 87% of exports and employs about 200,000 workers, it is crucial that the industry holds on to this advantage [its reputation for compliance with labor standards as a "sweat-free" industry] and stays afloat before other sources of growth can be cultivated.
Link

0 Comments:

Post a Comment

<< Home