Cameroon postpones implementation of the fifth phase of its EPA with the EU

Cameroon postpones implementation of the fifth phase of its EPA with the EU

Cameroon postpones implementation of the fifth phase of its EPA with the EU

Importers were recently surprised to be asked the full customs duties for their car imports from the European Union (EU) instead of receiving a 10% reduction in line of the economic partnership agreement (EPA) between Cameroon and the EU. When contacted, the General Directorate of Customs explained that it could not start applying the reduction since it has not received any formal instruction from the Minister of Finance (Minfi).

The minister did not send this formal instruction because Cameroon decided to postpone the implementation of the fifth phase of this customs tariffs dismantling process started on August 4, 2016.

For more information, please see https://www.businessincameroon.com/economy/1308-10698-cameroon-postpones-implementation-of-the-fifth-phase-of-its-epa-with-the-eu

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