This was signed by significant US and EU makes which includes H&M, Nike, Adidas, Hole, Puma and Specialized. Some of these companies resource from your SSEZ, and following the zone’s plant is operational and it moves to 100% coal electric power, they may most likely stop sourcing from factories there, Placing in danger numerous Work.
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Besides the air high-quality and local climate change impacts this should have, it may force major world-wide brands with renewable Strength commitments to stop acquiring through the SSEZ, Placing at risk hundreds of Work.
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Even if garment factories are wholly Chinese-owned and utilise resources manufactured in China, they are able to gain from comfortable tax regimes and quotas when exporting to Europe and America, delivered products are assembled in Cambodia. Nevertheless, in August 2020, the EU partially withdrew Cambodia’s EBA privileges on account of human legal rights problems. This withdrawal impacts twenty% of exports on the EU, generally clothes—and that is A significant concentration for organizations operating in the SSEZ.
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