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Cambodia appeals EU rice tariff at European court - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Cambodia appeals EU rice tariff at European court via SABCNewsOnline

Indica rice from the two countries is subject to a duty of 175 euros per ton in the first year, dropping to 150 euros in the second and 125 euros in the third year.

The move comes after the European Commission, the EU’s executive arm, in January imposed duties on Indica rice imports from Cambodia and Myanmar for three years. The market share of EU producers fell over this period from 61 percent to 29 percent, the commission said. “The reintroduction of import duties is detrimental to the Cambodian economy and its industry, but above all to its people,” it said.

 

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