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Infos Business of Monday, 21 July 2014

Source: CRTV

Delegates from Trade sector prepares for an economic forum in USA

Preparations for the Cameroon trade and investment forum to be organised on in USA is gearing up. The Trade and Investment forum to be organised on 31st July in Washington shall take place as a prelude to the Africa USA summit expected on 3rd August.

Government authorities consider the forum as an ideal occasion to market Cameroon’s investment potentials and attract more American investors into the country.

This explains why seven cabinet ministers and a number of economic operators met in Yaounde to lay the groundwork for the encounter. Twenty five Cameroonian business concerns have already confirmed their participation at the forum.

The forum was organized after the publication of the 2014 economic report on Africa. According to the report published in Yaounde by the United Nations Economic Commission for Africa, the low rate of industrialization in the continent is partly due to poor implementation of policies.

The UN Economic Commission for Africa proposes more political will and coordination amongst the different actors. The ceremony to launch the report was chaired by Yaouba Abdoulaye, Minister Delegate in the Ministry of the Economy, Planning and Regional Development.