Brexit: import checks come into force, hitting SMEs
Delays, confusion, costs – it’s all normal now in the world of UK trade. From ...
Just when you thought you knew all the winners and losers of Brexit… here’s another one: Cambodia. A study conducted by the German Development Institute claims Cambodia will be among the losers. According to The Guardian, the South-east Asian nation has tariff-free access to the EU under the Everything But Arms agreement (EBA). The EBA provides this perk for the 49 nations defined as the least-developed. And the study’s authors claim 1.7m people could be pushed into “extreme poverty” as a result of Brexit. And with Cambodia exporting 7.7% of its goods to the UK, it’s easy to see why it would be so unfairly disadvantaged.
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