Monday, May 23, 2022
  • Login
Upgrade
The Southern African Times
  • Home
  • Southern Africa
  • Global
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
  • Opinion
  • Sports
  • Lifestyle
    • Health
    • Culture
    • Food and Drink
    • Entertainment
  • SAT Jobs
No Result
View All Result
  • Home
  • Southern Africa
  • Global
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
  • Opinion
  • Sports
  • Lifestyle
    • Health
    • Culture
    • Food and Drink
    • Entertainment
  • SAT Jobs
No Result
View All Result
The Southern African Times
No Result
View All Result
Home Business

The United Kingdom has signed an Economic Partnership Agreement with Cameroon

by SAT Reporter
March 10, 2021
in Business, Cameroon, West Africa
0
The United Kingdom has signed an Economic Partnership Agreement with Cameroon
0
VIEWS

LONDON, (The Southern African Times) – 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:

Today’s deal secures opportunities for both British and Cameroonian businesses – and will help support jobs and foster investment.

International trade and investment are engines of economic growth around the globe, so today’s deal will play a crucial role as we all build back better from Covid-19.

Minister for Africa James Duddridge said:

This agreement will make sure around £200m of trade between the UK and Cameroon can continue, supporting Cameroonian businesses to increase operations, enabling UK exporters to sell more goods and boosting prosperity for both countries as we together recover from the Covid-19 pandemic.

This provides the continuity businesses in both the UK and Cameroon need to ensure trade between our countries continues to flourish and grow.

The 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.

Previous Post

African fintech firm Flutterwave eyes U.S. listing after raising $170 million

Next Post

Recipients of $2-million African venture capital fund revealed

SAT Reporter

Related Posts

Meet Mukuru one of Africa’s fastest-growing Fintech firms in 2022
Finance

Meet Mukuru one of Africa’s fastest-growing Fintech firms in 2022

by SAT Reporter
May 23, 2022
African leaders to attend 2022 World Economic Forum in Davos
Business

African leaders to attend 2022 World Economic Forum in Davos

by SAT Reporter
May 23, 2022
Trudeau to ban China’s Huawei from 5G in Canada
Business

Trudeau to ban China’s Huawei from 5G in Canada

by SAT Reporter
May 20, 2022
African Development Bank approves 5 bln rand loan to South Africa
Business

Akinwumi Adesina turns down offers to join Nigeria’s 2023 presidential election race – here’s why

by SAT Reporter
May 19, 2022
AppZone acquires switching license from the Central Bank of Nigeria
African Start ups

AppZone acquires switching license from the Central Bank of Nigeria

by SAT Reporter
May 19, 2022
Next Post
Recipients of $2-million African venture capital fund revealed

Recipients of $2-million African venture capital fund revealed

Premium Content

Nigeria’s Buhari seeks approval for over $4 bln foreign loans

Nigeria’s Buhari seeks approval for over $4 bln foreign loans

September 16, 2021
Sun King raises $260M to widen clean energy access in Africa, Asia

Sun King raises $260M to widen clean energy access in Africa, Asia

April 28, 2022
WHO says it urgently needs $7.7 billion to help emerging markets survive delta Covid variant

WHO says it urgently needs $7.7 billion to help emerging markets survive delta Covid variant

August 18, 2021

Browse by Category

  • African Continental Free Trade Area
  • African Start ups
  • Algeria
  • Analysis
  • Angola
  • Asia
  • BOTSWANA
  • Botswana
  • Burkina Faso
  • Burundi
  • Business
  • Business
  • Cameroon
  • Central Africa
  • China
  • Climate Change
  • Climate Changev
  • Congo Republic
  • COVID 19
  • Culture
  • Democratic Republic of Congo
  • Eastern Africa
  • Egypt
  • Entertainment
  • Environment
  • Ethiopia
  • Europe
  • Fashion
  • Finance
  • Food
  • Food and Drink
  • Foods
  • Ghana
  • Global
  • Guinea
  • Health
  • Immigration
  • in Southern Africa
  • International news
  • Just In
  • Kenya
  • Lesotho
  • Libya
  • Life Style
  • Lifestyle
  • Malawi
  • Malawi
  • Mali
  • Markets
  • Middle East
  • Mozambique
  • Namibia
  • Nigeria
  • North Africa
  • Opinion
  • Politics
  • Rwanda
  • Senegal
  • Seychelles
  • South Africa
  • South Sudan
  • Sports
  • Startup Africa
  • STOCK EXCHANGE
  • Tanzania
  • Tech
  • Togo
  • Travel
  • Travel
  • Tunisia
  • Uganda
  • Uncategorized
  • West Africa
  • World
  • World
  • ZAMBIA
  • Zambia
  • ZIMBABWE
  • Zimbabwe

Browse by Tags

African business news Africa New Africa News african footballer African investments African manufacturing industry African news African start-up Business Classic Content coronavirus Cyclone Idai Egypt Explore Bali Finance Foods football Health Hopewell Mauwa kwacha Life Style mali news Market Stories MthuliNcube news Odion Ighalo Oilandgas Pandemic Premium reserve bank of Zambia Russia soccer South Africa Southern African News sports Stay Home United Stated Vaccine Work From Home Wuhan Zambia Zimbabwe Zimbabwe Harare Manufacturing Africa Employment creationn Zimbabwe job creation

WHO WE ARE

The Southern African Times is a regional bloc digital newspaper that covers Southern African and the world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.

Facebook Twitter Youtube Instagram Rss

Copyright © 2022 The Southern African Times | Powered by The Southern African Times

Privacy Policy

Terms and Conditions

  • Home
  • Southern Africa
  • Global
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
  • Opinion
  • Sports
  • Lifestyle
    • Health
    • Culture
    • Food and Drink
    • Entertainment
  • SAT Jobs

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?