United Kingdom and Cameroon have secure an Economic Partnership Agreement (EPA), the UK announced on December 30, 2020
The deal allows businesses to trade freely without any additional barriers or tariffs
The agreement rolls over current EU-Cameroon trading arrangements from 1 January 2021.
It deal allows businesses to trade freely, without any additional barriers or tariffs, and provides a foundation to extend trading relationship between the two nations in future.
In 2019, the UK’s total trade with Cameroon amounted to £200 million.
Top goods imported from Cameroon to the UK were in fruits and nuts, mostly bananas amounting to £27 million and wood and wood products topping £25 million.
In the announcement, the UK said its market accounts for 12% of total exports of bananas from Cameroon and the agreement will maintain tariff-free market access to the UK.
It also guarantees continued market access for UK exporters, who sold £51 million in goods to Cameroon in 2019
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