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Hey, evil empire, regime changing provocateurs of treason....

PostPosted: Wed Sep 13, 2017 8:49 am
by pedros
Please lower the tariffs on all these shoes you buy, so that people can have more jobs, eat and stuff....

Kaing Monika, deputy secretary-general of the Garment Manufacturers Association of in Cambodia (GMAC), said the industry body was working feverishly with the government to draft and submit a petition ahead of the October 17 deadline.

“[The petition] is still a work in progress, but together with the Ministry of Commerce we will have it submitted in October,” he said. “If the US passes the law it would open up a whole new market.”

According to Monika, footwear accounts for just $700 million of Cambodia’s $6.5 billion garment and footwear industry, with the vast majority of locally produced shoes, boots and slippers shipped to the European and Japanese markets. Purchases by US buyers amount to less than 10 percent of Cambodia’s footwear exports.

While this suggests enormous potential to increase exports to the US market, which imported $123 billion worth of footwear last year, local producers would need to adjust production to benefit from the bill’s proposed duty-free exemptions.


http://www.phnompenhpost.com/business/cambodia-has-sole-objective-us

You really can't make this shit up, can you?