Two years after its entry into force on 14 August 2016, the Cameroon-European Union Bilateral Economic Partnership Agreement (EPA) is yielding benefits. Some 319 importers enjoyed substantial tariff reductions by 30 June of this year. All in all, goods worth 145 billion CFAF were imported with a tax gain of 4 billion CFAF. The Cameroon-based Louis Dreyfus Company, which specialises in the sale of agricultural chemicals, topped the list of importers after carrying out some 163 transactions...
Read more
The Cameroon Government plans to increase domestic revenue and gradually conquer foreign markets. It also plans to boost job creation and economic growth. As a strategic partner, the European Union (EU) has committed to partnering with Cameroon and other countries in this endeavour. In 2017, it set up the European Union's External Investment Plan (EIP) for the Central Africa sub-region.
The new instrument was launched on February 22 at the PROMOTE Trade Fair in Yaounde. During...
Read more
The United Kingdom of Great Britain and Northern Ireland has committed to negotiating new agreements with non-EU countries bound by a trade agreement, including Economic Partnership Agreements (EPAs). This is to avoid disrupting trade with its partners when it eventually leaves the European Union within the framework of Brexit. The UK has therefore started negotiations with the Government of Cameroon in order to conclude a bilateral EPA. To this end, a workshop held on 8 May 2019 to consider and...
Read more
Before embarking on any operation to import goods into Cameroon from the EU, with the hope to benefit from the advantages of the EPA:
- Make sure that the product to be imported is eligible for EPA preferential tariffs and check the residual customs duty, if any (level of tariff dismantling).
You have two options for this:
1. You can visit the website of the Customs Department to consult the lists of products eligible for EPA preferential...
Read more
