GSP exemption pitched
A roadshow to Hong Kong this week to pitch Cambodia’s newly received duty-free access on travel goods to the US market was successful, but manufacturers have yet to sign concrete deals to establish new production lines here, a delegate of the returning business mission said. US ambassador to Cambodia William Heidt said the Cambodian delegation met nearly 20 international buyers and 20 travel-goods manufacturers during the two-day trip, including Li & Fung, a global supply company that manages top US and European Union brands. He said that while investors showed interest, they would need to spend time studying Cambodia’s market potential before committing to any projects. Commerce Minister Pan Sorasak led the delegation, which also included officials from the Garment Manufacturers Association in Cambodia.
