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Cameroon: Senate receives proposal to amend the law on trade

Cameroon: Senate receives proposal to amend the law on trade
  • Comments   -   Monday, 23 November 2015 02:53

(Business in Cameroon) - A commercial activities amendment was introduced to the Cameroonian Senate yesterday 19 November 2015. "This is a good law which will be under consideration by the Trade and Production Commission, and it will be examined in greater detail later on", Peter Mafany Musongue, a Senator talking to journalists, said.

The contents of the text have not made public. But in the opinion of those involved in the process, the law which will be defended by Minister Luc Magloire Atangana in charge of Trade, will look into provisions which since its adoption in 1990 have become obsolete.

The government hopes with this amendment, to generate rules which will permit a better regulation of goods and services trade on the Cameroonian market, with the goal of making more dynamic the local production of goods.

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