Sunday, July 13, 2025
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 ASIA Cambodia

Cambodia wins case against EU revocation of rice tariff preferences

December 2, 2022
in Business, Cambodia, National
0
Cambodia wins case against EU revocation of rice tariff preferences
0
SHARES
6
VIEWS
Share on FacebookShare on Twitter

Cambodia has won the case against the EU decision to withdraw tariff preferences for the import of rice from the country, said a Cambodia Rice Federation release yesterday.

The Cambodia Rice Federation (CRF) on April 10, 2019, filed a case against the European Commission’s decision to impose import duty on long grain rice (Indica Rice) from Cambodia to the EU market.

Three years later on November 9, 2022, the General Court, which is the first instance court of the Court of Justice of the European Union, found that the regulation (imposition of duties) against Cambodian long grain rice was illegal and violated key substantive and procedural rules.

The Kingdom of Cambodia and the CRF sought annulment of the January 16, 2019 regulation imposing safeguard measures with regard to the import of Indica Rice. Through the regulation, the European Commission reintroduced the Common Customs Tariff duties on the import of Indica Rice for three years and introduced a progressive reduction in the rate of duty applicable.

“It took three-and-a-half years for the General Court in Luxembourg to rule that a now-lapsed three-year safeguard on imports of Indica Rice from Cambodia and Myanmar was illegal,” the court order read.

Lu Yeng, CRF Secretary General, told Khmer Times, “This is a verdict that states EU action was wrong. The verdict confirms that the EU made a wrong decision.”

Cambodia, which sued the EU over the regulation, “benefits from duty-free, quota-free imports into the EU under EBA (Everything But Arms) initiative favouring the world’s ‘least-developed’ countries,” he said.

“The EU has a highly protectionist import regime for rice, which fetches a price of €175 per ton. Only the world’s poorest countries, such as Cambodia and Myanmar, have duty-free, quota-free access and have grown competitive in this industry in recent years,” the CRF Secretary General said.

The judgment covers procedures related to importing safeguards under the EU’s General System of Preferences (GSP) scheme and not the EU’s general trade defence instruments rules, he said adding, “It will likely reassure developing country exporters and EU importers relying on the GSP regime.”

Ky Sereyvath, Director of the Chinese Study Center and a researcher in economics at the Royal Academy of Cambodia, told Khmer Times, “The European Court of Justice has ruled that Cambodian rice will be given preferential tariffs, while the European Commission imposed tariffs on rice without proof. The rice exports to the European market will continue to grow and improve.”

The export of Cambodian rice to international markets depends on the favourable global economic situation, he said.

According to the latest CRF report, 509,249 tons worth $323.90 million Cambodia milled rice export for 10 months of 2022 increased by 10.67 percent. Cambodia exported about 179,073 tons of rice to 25 countries in Europe, an increase of 43.43 percent over the same period of 2021.

This article was first published in Khmer Times. All contents and images are copyright to their respective owners and sources.

Tags: Cambodia
Previous Post

World Cup: Japan roar back again to shock Spain and top group

Next Post

Scientists build ‘baby’ wormhole as sci-fi moves closer to fact

Related Posts

Neak Poan Temple is a destination for tourists to visit and take beautiful pictures

Neak Poan Temple is a destination for tourists to visit and take beautiful pictures

by Khmer Times
July 3, 2023
0
107

Neak Poan Temple is one of the most attractive tourist destinations among the ancient temples, which is located along the...

Cambodian pepper gains direct export rights to China

Cambodian pepper gains direct export rights to China

by Khmer Times
July 3, 2023
0
81

The Chinese Embassy in Cambodia announced today that Cambodian pepper has completed all export procedures to China, which means can...

Wrapped in blanket, dumped in pond: Top South Korean livestreamer found dead in Cambodia

Wrapped in blanket, dumped in pond: Top South Korean livestreamer found dead in Cambodia

by AsiaOne
June 14, 2023
0
109

One of South Korea's top livestreamers was recently found dead in Cambodia. Byeon Ah-young's body was discovered — wrapped in a...

Most Popular

New dairy farm in Cambodia, Kirisu, goes into fresh milk production operated by Khmer Fresh Milk

New dairy farm in Cambodia, Kirisu, goes into fresh milk production operated by Khmer Fresh Milk

July 17, 2020
507
Neak Poan Temple is a destination for tourists to visit and take beautiful pictures

Neak Poan Temple is a destination for tourists to visit and take beautiful pictures

July 3, 2023
107

$140 million brewery factory in Cambodia, Vattanac Brewery, will employ 1,500

June 27, 2020
118
Is this Japan’s weirdest mascot? Meet Hokkaido’s Zushihocky, part rice, part clam

Is this Japan’s weirdest mascot? Meet Hokkaido’s Zushihocky, part rice, part clam

May 27, 2020
38
Cambodia rice production losses caused by droughts about $100 million

Cambodia rice production losses caused by droughts about $100 million

October 1, 2021
17
Phnom Penh-Sihanoukville Expressway (PP-SHV) users to get 20% discount until October 2023

Phnom Penh-Sihanoukville Expressway (PP-SHV) users to get 20% discount until October 2023

November 2, 2022
20

© 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 !!