Cameroon-Great Britain : Parties Exchange EPA Legal Documents
- Par Eulalia AMABO
- 12 juil. 2021 11:35
- 0 Likes
Minister Felix Mbayu met with the British High Commissioner on July 9, 2021.
The Minister Delegate to the Minister of External Relations in charge of Cooperation with the Commonwealth, Felix Mbayu, and the British High Commissioner to Cameroon, Dr. Christain Dennys-McClure on July 9, 2021 exchanged legally binding documents for the implementation of the Economic Partnership Agreement (EPA) between the two countries. This was during an audience the Minister granted the British diplomat at the Ministry of External Relations. The legal instrument permits for trade deals to continue smoothly between the two countries despite the United Kingdom’s exit from the European Union.
Speaking to reporters after the audience, the British High Commissioner said both parties are now looking forward to the implementation of the agreement. “The Minister and I have exchanged the final legal documents to conclude the Economic Partnership Agreement which was signed in March 2021 between Cameroon and the United Kingdom. It has been the end of a long process for the teams involved. We are now looking ahead to the mutual delivery of the agreement and we hope that it will lead to the broadening of our economic relationship to the huge benefit of all our citizens,” Dr. Christain Dennys-McClure stated.
With regards to commercial deals between the two countries, a duty-free clause will be applied as goods will witness a tariff-free access to each of the markets of either countries. Some of the Cameroonian products expected to benefit from the duty-free concepts include edible fruits like bananas, palm oil, milk, coffee, cocoa, wood and its byproducts and cereal. Some goods which will be imported from the UK include ch...
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