(Business in Cameroon) - After he met Cameroon's trade minister, Luc Magloire Mbarga Atangana, last March 11, the Director of the Central Africa Office of the Economic Commission for Africa (ECA), Antonio M. A. Pedro, announced that he had pleaded with Cameroon to ratify the agreement on the African Free Trade Area as soon as possible.
Last year, the country was among the first 44 African Union countries to sign the related legal documents but it is still yet to ratify the agreement. The free trade area, let’s recall, is designed to boost intra-African trade (trade between African countries).
According to Antonio, to date, only 19 States have ratified this agreement, which is nevertheless presented as an opportunity for the emergence of intra-African trade.
BRM