Saturday, February 4, 2023
Khmer Daily Cambodia News
34 °c
Phnom Penh
  • LATEST
  • CAMBODIA
  • ASIA
    • JAPAN
    • SOUTH KOREA
    • TAIWAN
  • WORLD
    • CHINA
    • RUSSIA
  • BUSINESS CAMBODIA
  • TECHNOLOGY
No Result
View All Result
  • LATEST
  • CAMBODIA
  • ASIA
    • JAPAN
    • SOUTH KOREA
    • TAIWAN
  • WORLD
    • CHINA
    • RUSSIA
  • BUSINESS CAMBODIA
  • TECHNOLOGY
No Result
View All Result
The Khmer Daily
No Result
View All Result
Home Business

90,000 CAMBODIA GARMENT WORKERS TO LOSE JOBS OVER EU TRADE SANCTIONS

June 3, 2021
in Business, Cambodia
0
Cambodia government studying EU’s preliminary report on EBA
0
SHARES
39
VIEWS
Share on FacebookShare on Twitter

Workers’ Right Groups fear that proposed trade sanctions by the European Union may cause almost 90,000 apparel workers in Cambodia to lose their jobs as brands may outsource elsewhere.

Cambodia benefits from the ‘Everything but Arms (EBA)’ scheme since 2001, which gives a duty free access to the EU markets for the poorest countries. EU announced recently that Cambodia may lose the status due to violation of the fundamental points and corruption.

Cambodia’s garment industry accounts for 40% of the country’s GDP and employs almost 700,000 people. The country has exported €5 billion worth of garments to brands like Nike, Puma, H&M, and Adidas in the last year. These companies said they are “concerned that the labour and human rights situation in Cambodia is posing a risk to trade preferences for Cambodia.” They have also written an open letter to the government to look into improving the labor standards.

Most of the international companies have a strategy of alternate sourcing to countries like China and Indonesia. The garment workers, though, are likely to suffer from such a move. Almost 90,000 i.e. approximately 13% workers would lose their jobs.

A dialogue between the local trade unions, Garment Manufacturers Association of Cambodia (GMAC), and the international stakeholders is important before any action is taken. According to Reuters, the international stakeholders had attended the Textile and Apparel SEA Summit last month in Phnom Penh, Cambodia. They are said to be already working with the Cambodian suppliers to minimize job losses and increase productivity.

This article was first published in Industry Global News 24. All contents and images are copyright to their respective owners and sources.

Source: Industry Global News 24
Tags: CambodiaCAMBODIA GARMENT WORKERSCAMBODIA GARMENT WORKERS TO LOSE JOBSEBAEU TRADE SANCTIONS
Previous Post

Japan pledges to expend cooperation with Cambodia

Next Post

How Did Prime Minister Hun Sen Family Afford Their Long Island Home?

Related Posts

Cambodia confirms readiness to exit the Least Developed Countries (LDC) status

Cambodia confirms readiness to exit the Least Developed Countries (LDC) status

by Khmer Times
February 3, 2023
0
4

Cambodia confirmed its readiness to exit the Least Developed Countries (LDC) status, saying that studies on the impacts of the...

Cambodia cashew production likely to touch 1 million tons this year

Cambodia cashew production likely to touch 1 million tons this year

by Khmer Times
January 31, 2023
0
9

The cashew season has begun with the start of picking cashew nuts in the Kingdom, and growers of the commodity...

Cambodia GDP expects to growth 5.6 percent in 2023

Cambodia GDP expects to growth 5.6 percent in 2023

by Khmer Times
January 26, 2023
0
3

Cambodia is expected to register a 5.6 percent GDP growth in 2023, according to the Ministry of Economy and Finance....

Most Popular

Passenger in Nepal plane crash livestreams last seconds of his life on Facebook

Passenger in Nepal plane crash livestreams last seconds of his life on Facebook

January 18, 2023
31
Nepal plane crash searchers rappel, fly drones to find last passengers

Nepal plane crash searchers rappel, fly drones to find last passengers

January 18, 2023
26
Prince William feared Prince Harry was being ‘brainwashed’ by his therapist

Prince William feared Prince Harry was being ‘brainwashed’ by his therapist

January 9, 2023
17
California doctor who drove Tesla off cliff to be charged with attempted murder

California doctor who drove Tesla off cliff to be charged with attempted murder

January 6, 2023
16
Japanese firm to study urban, provincial railways in Cambodia

Japanese firm to study urban, provincial railways in Cambodia

January 11, 2023
16
UK paper group bids to throw out Prince Harry and others’ privacy lawsuits

UK paper group bids to throw out Prince Harry and others’ privacy lawsuits

January 14, 2023
15

© 2020 By Khmer Daily News

No Result
View All Result
  • Home
  • Latest
  • Cambodia
  • ASIA
  • World
  • Business
  • Tech

© 2019 The Khmer Daily.

error: Content is protected !!