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Cambodia strikes harm investment as EBA loss looms: GMAC

22
Jul '19
Pic: Shutterstock
Pic: Shutterstock
The Garment Manufacturers Association in Cambodia (GMAC), which represents more than 600 factories and enterprises, recently cautioned that rising strikes in the garment, footwear and travel goods sector are hurting the investment climate as the threat of the country losing the benefit of the European Union’s (EU) ‘Everything But Arms’ (EBA) agreement prevails.

These illegal actions led by some ill-intentioned unions affect the investment climate, GMAC said in a statement, urging all unions and workers to respect the law and regulations.

The rise in strikes is because employers are not correctly making seniority indemnity payments as instructed by ministry of labour and vocational training, Cambodian media reports quoted Ath Thon, president of the Coalition of Cambodian Apparel Workers’ Democratic Union (C.CAWDU), as saying. (DS)

Fibre2Fashion News Desk – India


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