WTO report applauds the EU’s positive role in maintaining an open and transparent global trading system

In its assessment of the European Union’s trade policy, the WTO Secretariat pays tribute to the critical role played by the EU in the Organization. It highlights the EU’s remarkable openness at a time of timid economic recovery. WTO Member countries and the WTO Secretariat will discuss the report today and Wednesday 8 July in Geneva in the framework of the EU’s 12th Trade Policy Review.

Regarding Cambodia: Impact of EU trade policies on exports from developing countries
EU imports under its Generalised System of Preferences scheme amounted to €217 billion in 2014. The Least Developed Countries (LDCs) alone exported to the EU goods worth €38 billion, i.e. nearly 5 % more than a year before. The LDCs benefit from the EU's duty-free quota-free scheme known as "Everything but Arms' and the reformed, more flexible, rules of origin.

Visit the website of the European Commission for more information and read the full report.

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