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Transport Equipment: 60 Per cent Increase In Imports

Cameroon’s expenditures on transport equipment imports rose by 60 per cent year-on-year in the first half of 2021, according to the foreign trade report published by the National Institute of Statistics. The institute gives no explanation to such a rise but observers of the country’s trade scene are quick to remark that it occurred after the launch, on January 1, 2021, of the fifth phase of the tariff dismantling process in the framework of the Economic Partnership Agreement with the EU in January 2021. That fifth phase...

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