Cameroon Economic Partnership Agreement with the EU goes operational
The Economic Partnership Agreement (EPA) between Cameroon and the European Union is now operational. President Biya signed a decree on August the 4th 2016 enforcing the accords.
According to the agreement, some goods from the European Union will be imported into Cameroon tariff-free and vice versa. The Biya decree laid down the rules for the application of the EPA.
It also specified the types of goods that will benefit from tax and custom exemptions. They included drugs, fertilisers and seedlings.
The agreement to dismantle custom barriers will be implemented in three steps over a period of time and will improve Cameroon economically.
CRTV
