EU opens trade door to Vietnam, closes it to Cambodia
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STRASBOURG/BRUSSELS (Reuters) - The European Union agreed on Wednesday to open its markets wider to Vietnam, while closing its trade doors to Cambodia, rewarding Hanoi for its progress on labour guarantees and sanctioning Phnom Penh for human rights abuses.The moves mark the EU's increased insistence that trading partnerships go beyond market liberalisation and be coupled with commitments to environmental, labour and social standards. On Wednesday, it displayed both its carrot and stick.In..