19 Companies operating in Cameroon were eligible for CEMAC’s preferential tariff regime in 2017

Trade

19 Companies operating in Cameroon were eligible for CEMAC’s preferential tariff regime in 2017

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- Wednesday, 31 January 2018 17:40

(Business in Cameroon) - In 2017, nineteen companies operating in Cameroon have been declared eligible for the preferential tariff regime of CEMAC. 174 products are concerned by this tariff.

“So, these products enjoy a zero customs duty in the market of this community”, revealed Achille Bassilekin, general secretary at the ministry of commerce, during the New Year wishes presentation ceremony on January 25, 2018, in Yaoundé.

It should be noted that the products which enjoy the preferential tariff regime of CEMAC must respect a required quota in industrial production. For instance, they must be produced with at least 40% of local raw materials.

BRM

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