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Infos Business of Friday, 16 October 2015

Source: cameroon-tribune.cm

Minister of Commerce calls on producers to avoid shortages in the market

Photo utilisée juste à titre d'illustration Photo utilisée juste à titre d'illustration

The Minister of Commerce has called on producers to avoid shortages in the market because the current stock of refined vegetable oil is enough to meet domestic consumption in two months.

In other words, “there is no risk of shortage of this product on the Cameroon market throughout the year-end holidays, which are on the horizon.”

This was the first assurance given by Jacquis Kemleu Tchabgou, general secretary of the Cameroon Association of Refiners and Oilseeds (ASROC).

Yesterday, the Minister of Commerce (MINCOMMERCE) was in Yaoundé, where he was the first to respond to the invitation of Minister Luc Magloire Atangana Mbarga.

As part of its internal market regulation missions and in anticipation of the holiday season, the MINCOMMERCE started the traditional consultation meeting with traders of production chains and distribution of massive consumer products, yesterday. This was in the presence of officials of the associations of consumer rights.

It was an opportunity to announce the organization of this year's "fifteen Christmas." According to MINCOMMERCE, "it is a new way of doing things that will be tested on December 15, 2015. This is because, beyond these routine consultations, it is important to invest differently so that consumers have good products at the right price, during the holiday periods."

Luc Magloire Atangana Mbarga explained that to have been inspired by the success achieved with the first edition of the commercial comeback that just ended in Yaoundé.

"Consumers have enjoyed it and want more. So we have to do it again, to face the speculations of year-end celebrations and rogue traders who dump anything on the market at this time of high demand."

The minister called on the players in the distribution of petroleum products, the industry of building materials (producers, importers and distributors of cement and hardware stores) to play their role well. The others include producers of the fish, rice, chicken and sugar industry.

Consultations will be done with representatives of supermarkets. Together, all are to ensure that stocks are sufficient to cope with the high demand which usually takes place during the end of the year.

Some have posed the problem of unfair competition imposed by traders for a day, but more by fraudulent importers who do not pay customs duties and dump almost spoiled products to the market in that period.

MINCOMMERCE seized the opportunity to call the brigade control to be more vigilant, so that the regulation is respected as much as possible.