Riding The Commodity Wave

January 2008 | Ratings Update

Two weeks before the end of the deadline, Cameroon signed an interim Economic Partnership Agreement (EPA) with the European Union (EU) on December 17, replacing the previous trade relations between EU and the African, Caribbean and Pacific (ACP) group, of which Cameroon is a part. While the EPAs, which will eventually allow tariff-free EU imports into Cameroon, are likely to put pressure on some of the country's domestic industries, we believe that Cameroon is to gain in the long term. However, the fact that domestic industries are likely to suffer in the years ahead could create popular discontent among certain

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