(Business in Cameroon) - On March 26, 2014 in Casablanca, the economic capital of Morocco, the Cameroon Chamber of Commerce, Industry, Mining and Craft (CCIMA), represented by its president, Christophe Eken, and the Moroccan Exporters Association (Asmex), have signed a framework agreement that aims to create two Moroccan-Cameroonian business centres in Douala and Casablanca.

The two structures plan to boost economic cooperation between the two countries. The CAMC that will be created in Casablanca and Douala will have two missions, “to support and collaborate on public or private initiatives aiming to promote commercial and economic exchanges between Morocco and Cameroon to initiate partnerships between the companies of both countries to gather, establish and manage business relations.”

According to Mohamed Abbou, the Moroccan Delegate Minister of Foreign Trade , trade between Morocco and Cameroon was 25.5 billion FCfa in 2013, but remains far below the potential of both countries. The government member suggests that “among the sectors where trade can be consolidated are construction and agro-foods,” where trade between Cameroon and Morocco “can reach 80 million dollars (around 40 billion FCfa)”.