EU and Cameroon set up Economic Partnership Agreement Negotiations were concluded in December 2007 and the agreement was signed in January 2009. The European Parliament gave its consent in June 2013 and Cameroon notified its ratification to the EU on 25 July 2014. Since 4 August 2017, Cameroon has entered Phase II of the Economic Partnership Agreement (EPA), signed with the European Union and ratified by the President of the Republic on 22 July 2014. As defined, the ultimate objective of this agreement is to create a free trade area between these two trading partners by 2023. This second phase marks the beginning of the elimination of customs duties on imported Group 2 products. As a result, the EU-Central Africa Interim Economic Partnership Agreement, ratified by Cameroon, should be seen as a first step towards a more comprehensive and comprehensive partnership, in line with the objectives of the ongoing regional negotiations between the EU and the Central African region. The aim is to conclude an agreement at the regional level that will support sustainable development and promote the integration of the region. The EU and the Central African regional organisations (CEMAC and ECCAS) are studying the possibility of reaching a comprehensive economic partnership agreement thanks to the stepping stone agreement already used by Cameroon. In December 2007, the EU and Cameroon concluded negotiations for an interim agreement on an economic partnership.
The European Parliament approved the agreement in June 2013 and was ratified by Cameroon in July 2014. Negotiations on these trade and development agreements under the Cotonou Agreement began in 2002. Negotiations between the EU and Central Africa started in October 2003. However, at the end of 2007, it became clear that it would not be possible to conclude negotiations in all ACP countries before the end of the Cotonou trade regime on 31 December 2007. The EU-Central Africa Economic Partnership (EPA) agreement for trade and development between the EU and Cameroon will enter into force in the coming days following Cameroon`s recent ratification of the agreement. This “interim agreement” will offer a lasting guarantee of free access to the European market for all products originating in Cameroon and will promote an increase in trade and the diversification of Cameroon`s economic activities. This agreement provides a negotiated and sustainable framework for trade relations between the EU and Cameroon and offers Cameroonian exporters more security than the unilaterally established Generalised System of Preferences (GSP). A number of interim agreements have thus been concluded in order to avoid any disruption due to the expiry, on 31 December 2007, of the Cotonou trade regime for ACP exports to the EU. . . .