GLOBAL BRITAIN. £200 million Economic Partnership Agreement between the UK and Cameroon.
Great news. Yesterday the UK signed a £200 million Economic Partnership Agreement with Cameroon. This has been a long awaited agreement between businesses in both United Kingdom and Cameroon.
This agreement enables Britain and Cameroon to continue to freely trade with out tariffs or additional barriers.
International Trade Minister Ranil Jayawardena said: “Today’s deal secures opportunities for both British and Cameroonian businesses – and will help support jobs and foster investment.”
“International trade and investment are engines of economic growth around the globe, so today’s deal will play a crucial role as we all build back better from Covid-19.”
Minister for Africa James Duddridge said:“This agreement will make sure around £200m of trade between the UK and Cameroon can continue, supporting Cameroonian businesses to increase operations, enabling UK exporters to sell more goods and boosting prosperity for both countries as we together recover from the Covid-19 pandemic.”
“This provides the continuity businesses in both the UK and Cameroon need to ensure trade between our countries continues to flourish and grow.”
We have just signed a deal with Cameroon building on a trade relationship worth around £200m 🇬🇧🇨🇲
👉Provide vital certainty for businesses
👉Support jobs in both nations
👉Drive prosperity across the region
Trade = jobs 👇 https://t.co/zQtZhvh2Ld
— Liz Truss (@trussliz) March 9, 2021
To date the he UK government has secured agreements covering 66 countries plus the EU, worth £890bn of trade.