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EU Funnels $498M in Aid to Cambodia But Tariff Action Still Stands

Join the U.S. Cotton Trust Protocol webinar on July 15 at 11 am ET to learn about the findings of a COVID-19 and sustainability survey and how the protocol aids better transparency and reporting.

As Cambodia struggles to navigate the ongoing COVID-19 pandemic, the European Union (EU) is mobilizing 443 million euros ($498 million) in grants and loans to help the Southeast Asian nation mitigate the virus’s socioeconomic fallout. The assistance comes under the auspices of “Team Europe,” an initiative that rallies resources from the EU, its member states…

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