Is Cambodia duty free to Europe?
Cambodia may still export those products to the EU but they will be subject to general tariffs applicable to any other member of the World Trade Organization. The remaining 80% of Cambodia’s exports continue to enjoy preferential (duty-free, quota-free) access to the EU market.
Why does the European put Cambodia in the blacklist?
The European Commission’s draft proposal was cited by a Reuters journalist last week and listed Cambodia as one of 12 nations that “pose significant threats to the financial system of the Union,” because of failings in tackling money laundering and terrorism financing.
What religion is practiced in Cambodia?
Cambodia is predominantly Buddhist with 80% of the population being Theravada Buddhist, 1% Christian and the majority of the remaining population follow Islam, atheism, or animism. Buddhist nun at Angkor Wat, Siem Reap, Cambodia.
What is EBA in Cambodia?
The preferential treatment enjoyed by Cambodia under “Everything But Arms” (EBA) – the EU’s trade arrangement for 48 Least Developed Countries in the world including four from Asean (Cambodia, Laos, Myanmar and Vietnam) is now temporarily lifted after the EU concluded that Cambodia had not upheld its EBA requirements, …
Is Cambodia a high risk country?
Cambodia is on FATF’s list of aml deficient countries. … According to that Evaluation, Cambodia was deemed Compliant for 2 and Largely Compliant for 21 of the FATF 40 Recommendations. It was deemed Highly Effective for 0 and Substantially Effective for 1 of the Effectiveness & Technical Compliance ratings.
Is Cambodia a Hindu country?
Modern Cambodia is made up of about 95 percent Theravada Buddhists, with Cham Muslims, Christians and tribal animists making up most of the remainder. However, it hasn’t always been this way, with Cambodia’s roots steeped deep in Hinduism.