UK-Cameroon Economic Partnership Agreement has been saved
News
UK-Cameroon Economic Partnership Agreement
Trade and market access
Brexit pulse alerts: respond to the business impacts of Brexit
30 December, 2020
Brexit development
The UK government has signed a partnership agreement with Cameroon to enable businesses in both countries to continue to trade on largely the same terms as during the UK’s transition period.
Top Brexit impacts
The agreement provides certainty to businesses that trade between the UK and Cameroon will continue on largely the same terms as secured in the EU-Central Africa Economic Partnership Agreement.
Total trade with Cameroon amounted to £200 million in 2019, which included imports to the UK of fruit, nuts and wood products.
The UK government said the deal enables businesses to trade “without any additional barriers or tariffs, and provides a foundation to extend our trading relationship in future.”
A memorandum of understanding has been signed with Cameroon alongside the trade agreement to enable the terms of the agreement to come into effect immediately.
Actions for business
Businesses trading within the UK-Cameroon corridor will be able to benefit from the terms of the continuity agreement immediately and plan for the future with greater certainty.
To discuss specific support with your Brexit preparations based on this latest development contact: Deloitte Brexit Insights