logoBC
Yaoundé - 27 April 2024 -
Forest

To avoid EU FLEGT-VPA constraints, Cameroonian foresters redirect timber exports to China

To avoid EU FLEGT-VPA constraints, Cameroonian foresters redirect timber exports to China
  • Comments   -   Thursday, 23 February 2017 16:27

(Business in Cameroon) - Plateforme Fôret et Communauté, a grouping of NGO's working for Governance in Forestry, has just revealed that China has become one of the main importers of Cameroonian timber. With “nearly 2.5 million m3 of forest products” imported over the period 2009-2014, of which about 85% in logs. According to the analysis of the NGO CES, this growth in export of Cameroonian timber to China is no coincidence. “The direction of Cameroonian timber exports to the Chinese market is due to the fact that there is really no constraining mechanism to ensure the legality of wood and timber products between China and producer countries”, claims Plateforme Fôret et Communauté.

As a reminder, in the EU zone, a market that was formerly popular with timber operators in Cameroon, a FLEGT-VPA is in force, which is a rigorous mechanism aiming to ensure the legality of wood and other timber products exported to the territories of the countries that make up the European Union.

BRM

mobile-money-usage-surges-in-cameroon-outpacing-traditional-banking
The use of mobile money services has "particularly increased" in Cameroon, rising from 29.9% in 2017 to 42.7% in 2022 for the population aged 15 years or...
afdb-reports-cfa3tn-in-financing-for-cameroon-over-60-years
The African Development Bank has approved CFA10,950 billion in financing for countries in Central Africa over the past 60 years since its inception in...
cameroon-spends-nearly-cfa71bn-on-public-debt-interest-in-q1-2024
In the first quarter of 2024, the Cameroonian central administration made debt repayments totaling CFA312.4 billion, excluding outstanding payments....
cameroon-s-domestic-debt-rose-by-cfa169bn-in-q1-2024-driven-by-public-securities
Cameroon's domestic debt, excluding payables over three months, has increased by CFA169 billion between March 2023 and March 2024. According to the latest...

Mags frontpage


Business in Cameroon n110: April 2022

Covid-19, war in Europe: Some Cameroonian firms will suffer


Albert Zeufack: “Today, the most important market is in Asia”


Investir au Cameroun n120: Avril 2022

Covid-19, guerre en Europe : des entreprises camerounaises vont souffrir


Albert Zeufack: « Le marché le plus important aujourd’hui, c’est l’Asie »