
On February 12th, 2020, The European Union (EU) moved forward with a partial withdrawal of preferential tariff treatment from Cambodia due to human rights abuses.

On February 12th, 2020, The European Union (EU) moved forward with a partial withdrawal of preferential tariff treatment from Cambodia due to human rights abuses.

The EU and Mercosur (Brazil, Argentina, Paraguay, and Uruguay) agreed recently on a draft-free trade agreement that, if implemented, will create the largest free trade area in the world, connecting over 770 million people. The free trade agreement has been agreed in principle and will now move to legal revision. This will lead to a final text of the agreement being sent to the member states of both blocs for approval.
Topics: Europe, Free Trade Agreements