Swiss-Cameroon Chamber of Commerce emerges to build trade between the two countries

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Swiss-Cameroon Chamber of Commerce emerges to build trade between the two countries

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- Thursday, 09 April 2015 03:06

(Business in Cameroon) - On March 31, 2015 at a dinner debate on “Swiss-Cameroon Commercial Balance: Trade, Obstacles and Solutions”, Swiss Ambassador Extraordinary and Plenipotentiary to Cameroon, Claude Altermatt, announced the creation of a Swiss-Cameroon Chamber of Commerce (Swisscam).

Located in the city of Douala, Cameroon’s economic capital, the organisation aims to boost trade between Switzerland and Cameroon. Although actual figures have not been revealed, current trade is predominantly in favour of Switzerland, which has a currency exchange rate that is one of the main obstacles to trade between Cameroon and the world’s 20th economic power.

In order to boost trade, “we have implemented a framework to support and promote imports: the Swiss Import Promotion Programme,” explained Bonheur Hiol, Swiss Honorary Consul to Douala.

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