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EU, Cameroon implement economic partnership

Staff writer |
The European Union (EU) and Cameroon are to implement an interim Economic Partnership Agreement (EPA) that will give Cameroonian exports duty- and quota-free access to the European market.

In return, Cameroon will gradually open its market to European exports over a transitional period, set to run until 2023. A number of products will be excluded from the process, to ensure the protection of Cameroon's agricultural markets and industries.

The EPA also includes provisions on trade defence instruments, dispute settlement and development cooperation. It will provide greater security for Cameroon's exporters than the unilaterally set Generalised System of Preferences (GSP). The treaty will enter into force on August 4.

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