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Cambodia: Travel-goods makers told act now or risk missing the boat
Cambodia: Travel-goods makers told act now or risk missing the boat
Fri, 29 July 2016 – Just weeks since the United States announced it would grant new trade privileges that allow Cambodian-manufactured travel goods such as luggage and backpacks to enter the US market duty-free under its Generalised System of Preferences (GSP) scheme, a visiting American trade official hinted yesterday that the same privilege could be extended to the Kingdom?s regional competitors.
Speaking at an American Chamber of Commerce event yesterday, Erland Herfindahl, deputy assistant US trade representative for GSP, said that since the US signed off on the expansion of GSP products to include travel goods, Congress has been pushing for the body to consider the inclusion of neighbouring markets. Read More?