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Exports of footwear and travel goods buoyed by tariff privileges


geovalin

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Cambodia's footwear and travel goods exports dramatically increased in the first nine months of this year, thanks to tariff privileges they received from the US under its Generalised System of Preferences (GSP).

 

An amendment to the GSP that went into effect in July 2016 removed US customs tariffs on Cambodian-made travel products such as luggage, backpacks, handbags and wallets.

 

The items, which previously faced tariffs of between 4.5 and 20 per cent, now enter the US duty-free under the expanded programme.

 

READ MORE https://www.phnompenhpost.com/business/exports-footwear-and-travel-goods-buoyed-tariff-privileges

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