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Infos Business of Friday, 4 March 2016

Source: cameroononline.org

Cameroon issues product waiver appeal to Nigeria

Quelques marchands occupant le trottoir Quelques marchands occupant le trottoir

The Consul-General of Cameroon in Lagos, Dr Paul Ekorong a Dong, on Thursday appealed to President Muhammadu Buhari to issue waivers for more Cameroonian products to flood Nigerian markets.Ekorong a Dong said in Lagos that his government had over the years been approaching the Nigerian government to allow more Cameroonian products into the Nigerian markets.

According to him, Cameroon cannot currently export wood, soap, oil, chocolate and cocoa products to Nigeria.

“Once again, the Cameroonian government will like to appeal to President Buhari to consider giving waivers for more of our products that are presently not available in Nigerian markets.

“We have already submitted a list of products that Cameroon should have liked to be given waivers by the Nigerian government. We are still waiting for their response Mr. Dong reiterated.

“We are very ready to bring these products to our Nigerian brothers and sisters,” he added.

Ekorong a Dong expressed optimism that the waivers would enhance a win-win trade cooperation between the two countries.

The Consul-General said that current trade relations between the two countries are more favourable to Nigeria, with more Nigerian products in Cameroon than the other way round.

The envoy without giving figures claimed that in the last four years, Nigeria had become Cameroon’s largest economic partner leapfrogging France.
“Since our independence, France had always been our biggest economic partner, but today, Nigeria has taken over that privilege he added.

According to him, this was indicative of the level of trade between Nigeria and Cameroon.