Cambodia is on track to graduate from its status as a LDC by 2027, which will alter its economic landscape significantly, especially in the textile trade.
The transition is likely to have a grave impact on Cambodian garment trade as it may result in losing preferential tariff rates and facing stricter Rules of Origin for Cambodia, impacting key export markets such as the EU, Japan, and Canada.
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Cambodia’s LDC transition: Navigating new challenges in textile trade
