Canada to foster trade with Cameroon

The Canadian team is currently Cameroon, to explore business opportunities particularly in the areas of transformation of biomass into energy and consulting engineering, APA reports.

During meeting with the Minister of Economy, Planning and Regional Development, Emmanuel Nganou Djoumessi, the Canadians were however worried by the "security situation in northern Cameroon and the activities of Boko Haram in the region, as well as the impact of the crisis in the Central African Republic.”

This, The Minister assured them that Cameroon was doing everything possible to protect her borders and that they should be no cause for alarm.

Cameroon and Canada have passed a donor-recipient relationship to that of trading partners when the two states signed an agreement on March 3 in Toronto, an agreement on the protection and promotion of foreign investment known by its French acronym as (APIE).

The two countries, which belong to both the Francophonie and the Commonwealth, are also bound by an agreement on January 1, 1988 to avoid double taxation.

The presents of Canada is felt in Cameroon in the areas of education, infrastructure, mining and energy.