GENEVA — Cambodia’s exports and economy are on a growth path, but they are built on unsteady ground and the country wants the U.S. to help make it more sturdy by giving it preferential trade status.
During a World Trade Organization review of Cambodia’s trade regime this month, Cambodian Commerce Minister Cham Prasidh told delegates that improvement in Cambodia’s export markets in 2010 allowed economic growth to resume at around 6 percent, and estimated it will remain around that level for this year and edge up to 6.5 percent in 2012. But he admitted Cambodia’s export sector is vulnerable, as it depends on a few products and relies on only a few markets.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)