International trade agreements of Cameroon

International trade agreements of Cameroon

Cameroon agreed an interim EPA with the EU on 17 December 2007[i]. This agreement was negotiated to prevent disruption to Cameroon’s exports to the EU after the trade provisions of the Cotonou Agreement expired on 31 December 2007 and provided additional time to negotiate a more comprehensive regional EPA.

As Cameroon has signed but not yet ratified its agreement, the country has to make the choice on how to go ahead and establish a partnership with the EU.

Cameroon has bilateral investment and/or commercial agreements with Austria, Belgium, Canada, China, Denmark, France, Germany, Greece, Italy, Japan, Russia, South Korea, Spain, Switzerland, United Kingdom and United States

Similar agreements also exist with other countries in Africa, Asia, Latin America, and Eastern Europe. The bilateral investment agreement between Cameroon and the United States was ratified in 1986 and entered into force in 1989. While the original time frame for the agreement was 10 years, tacitly it was renewed. The U.S. invoked the bit in one case in 1997 and Cameroon has ostensibly acquiesced in the case through non-implementation of legislation contrary to the treaty.

 

[i] http://trade.ec.europa.eu/doclib/docs/2009/january/tradoc_142190.pdf

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