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PHNOM PENH – Cambodia’s apparel and footwear industries have pleaded with the EU not to withdraw trading benefits in August, as planned. In a letter seen by Apparel Insider, industry leaders have warned that, on top of the damage inflicted on garment exports by COVID-19, the loss of the EU’s Everything But Arms (EBA) benefits could lead to the “near collapse of the apparel and footwear industries of Cambodia.”

Industry chiefs forecast Cambodian apparel and footwear exports to fall by 50 to 60 per cent in the second quarter of 2020 compared to the corresponding quarter of 2019. This comes on top of a huge drop in the first quarter of the year due to the COVID-19 outbreak which has hammered global apparel markets.

The EU is scheduled to withdraw Everything But Arms (EBA) trading benefits from Cambodia on 12 August.

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