The United Kingdom has signed an Economic Partnership Agreement with Cameroon.
Today (9 March 2021) the United Kingdom has signed an Economic Partnership Agreement with Cameroon.
The trade deal, which will support jobs and build future prosperity, was signed by International Trade Minister Ranil Jayawardena and High Commissioner of Cameroon to the UK, H.E. Albert Fotabong Njoteh in London. The deal provides certainty for British and Cameroonian businesses, ensuring they can continue to trade as freely as they do now without any additional barriers or tariffs.
The UK-Cameroon trade was worth around £200m in 2019, and this deal lays a foundation to extend our trading relationship in the future. The UK market accounts for 12% of total exports of bananas from Cameroon and this agreement will maintain tariff-free market access to the UK. It also guarantees continued market access for UK exporters, who sold £50m in goods to Cameroon in 2019.
International Trade Minister Ranil Jayawardena said:
Minister for Africa James Duddridge said:
Today’s signing comes after the agreement to roll over current EU-Cameroon trading arrangements from 1 January 2021 concluded at the end of December.
The UK government has secured agreements covering 66 countries plus the EU, worth £890bn of trade in 2019.