eu
National Bank of Cambodia

EU Lists Cambodia Among ‘High-Risk’ Nations for Money Laundering

The E.U. has listed Cambodia as one of 12 “high-risk” countries with deficient anti-money laundering and counter-terrorism financing efforts, but the government on Friday said officials were working hard to get the nation off international watch lists.

Prime Minister Hun Sen speaks on February 11, 2020, in this photograph posted to his Facebook page.

Any Factory Closures Will Be Due to Coronavirus, Not EBA, PM Says

Prime Minister Hun Sen on Tuesday said potential closures of garment factories in coming months would be due to novel coronavirus quarantine measures cutting manufacturers off from Chinese materials suppliers, not the result of the E.U. suspending trade benefits.

Prime Minister Hun Sen votes on July 29, 2018 in Kandal province. (VOD)

Analysis: Observers Expect Political Quagmire to Drag On in 2020

What lies ahead for Cambodian politics this year is a prolonging of the political quagmire that has dragged down the country for at least two years, according to analysts. Things could eventually improve, but there is no quick fix, they say.

Kem Sokha greets reporters outside his home on November 11, 2019; CNRP activists are escorted outside the Phnom Penh Municipal Court on November 14, 2019. (Panha Chhorpoan/VOD)

Gov’t to Note Release of Kem Sokha, Opposition Activists in EBA Reply

The E.U. is asking too much — it’s pushing the government to break the country’s laws — so Cambodia will merely update the bloc about the easing of restrictions for on trial opposition leader Kem Sokha and other concessions, the governmental Human Rights Committee said this week.

Prime Minister Hun Sen meets with Federica Mogherini, then-high representative of the EU for foreign affairs and security policy and vice president of the European Commission, in Brussels on October 18, 2018. (European External Action Service)

EU’s EBA Concerns Span Press, Politics, Unions

The European Union has called on Cambodia to protect labor and human rights associated with land titling, press freedom, political participation, trade union organizing for teachers and informal workers, and other areas of concern, in order to keep its duty-free trade access to the bloc.

Australian Ambassador to Cambodia Angela Corcoran and CNRP president Kem Sokha outside his Phnom Penh home on November 12, 2019 (Sanh Bun Hoeun/VOD)

EU: ‘We Expect’ Kem Sokha’s Full Release

Government spokesman Phay Siphan rejected the notion that Cambodia would alter its approach to politics under the pressure of possible trade sanctions, as diplomatic meetings continued on Wednesday at the newly released opposition leader’s Phnom Penh home.