Cambodia imposes zero tariff on US imports, excludes used goods
“A customs tariff rate of 0 per cent shall be applied to goods originating in the United States and imported into the Kingdom of Cambodia from the United States,” a sub-decree signed by Prime Minister Hun Manet today stated in article 1.
Cambodia recently announced the implementation of a zero-per cent customs tariff on goods originating from the United States.
Prime Minister Hun Manet today signed a sub-decree in this regard.
The zero-tariff rate will, however, not apply to used goods.
The Ministry of Economy and Finance will issue a proclamation to set out the procedures for implementing the tariff rate.
The zero-tariff rate will, however, not apply to used goods, article 2 of the sub-decree made it clear, domestic media outlets reported.
The Ministry of Economy and Finance will issue a proclamation to set out the procedures for implementing the customs tariff rate on goods imported from the United States.
“Any provisions contrary to this sub-decree shall be abrogated,” the sub-decree added.
Fibre2Fashion News Desk (DS)