Wednesday, March 12, 2014

Pressure Rising on Cambodia’s Duty Free EU Export

11 March 2014 [TAIPEI, Taiwan]

The rapidly expanding bike exports from Cambodia to the European Union by 55% in the first ten months of 2013 did not pass unnoticed. At last week’s Taipei Cycle Show industry insiders pointed at indications for fraud while changes in the local content regulations, required for obtaining the GSP Plus status, could also hamper Cambodia’s bike exports to the EU.

At this year's Taipei Cycle Show, which took place last week from March 5- 8, the increase of Cambodia's export to Europe to 1.2 million bicycles was a much discussed issue. It is said that of Cambodia's six factories only three are really painting and assembling bicycles. These three are, Asama, Strongman and A&J. The other three are, according to various sources, no more than empty halls where re-packaging is taking place. Also one of the three is said to have left Cambodia recently and moved to Pakistan as this country also has GSP Plus duty free status for Europe.

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