Cameroon expands tariff-free trade within CEMAC region
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Fourteen companies in Cameroon received approval on September 10th in Yaoundé to export 120 additional products without paying customs duties within the Economic and Monetary Community of Central Africa (CEMAC).
This preferential trade arrangement eliminates tariffs for goods meeting CEMAC’s rules of origin, easing circulation within the subregion. The recent approvals bring the total number of Cameroonian companies benefiting from the program to 91, with a combined 1,328 approved products.
Cameroon’s Minister of Commerce, Luc Magloire Mbarga Atangana, granted the authorizations after review by the CEMAC Regional Committee on Origin during a May meeting in Douala. Hoka Industrie led the latest approvals with 32 products, followed by Acero Metal with 15 and the Cameroonian Brewery with 12. Several other companies in the industries of manufacturing, food processing, and building materials also received approval.
The CEMAC preferential regime applies to goods recognized as originating from member states, allowing their export without tariffs or quantitative restrictions to Cameroon, Gabon, Congo, Equatorial Guinea, Chad, and the Central African Republic. This approval marks the ninth such event for Cameroonian companies seeking preferential treatment within CEMAC. These 120 newly approved products join the existing stock eligible for this preferential treatment across the six CEMAC member countries, expanding access to the subregional market.
