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Cambodia To Become Worst-Hit Developing Nation After Brexit – Report

The fallout from Brexit will be felt as far as Cambodia, which is expected to be hit the hardest of all developing nations, a think-tank has warned.

The German Development Institute has conducted simulations to assess the impact from the United Kingdom’s exit from a deal that allows worse-off countries to export goods to the European Union tariff-free.

“The highest losses by far occur in Cambodia, which has the highest dependence on the UK market according to the share of its exports to the UK of 7.7%,” a report published this month reads.

Continue to the entire story on the UrduPoint website.

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