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U.S. Chamber's International Policy Update (May 13)

Miscellaneous Tariff Reform Bill Approved 

On June 10, the Senate approved by unanimous consent H.R. 4923, the American Manufacturing Competitiveness Act of 2016, which will reform the process by which Miscellaneous Tariff Bills (MTBs) are prepared. The bill now goes to the president, who is expected to sign it into law. The Chamber has worked with member companies and coalition partners in recent months to build support for this bill, which should overcome the ideological conflict that has prevented enactment of MTBs since the last one expired on December 31, 2012.

  

BEAC to Change the Course in Monetary Policy

This is the main information to emerge from the special session of the Monetary Policy Committee meeting held last Wednesday in Yaounde. Members of the Monetary Policy Committee (MPC) of the Bank of Central African States (BEAC) met last Wednesday in Yaounde in special session and reviewed the texts relating to the Central Bank’s monetary policy reform.

 

CEMAC: What is Holding Sub-region Development Back

The Central Africa Economic and Monetary Community (CEMAC) has once more pondered on some of the issues that need to be addressed in order to enhance its development. This year, on the occasion of the eighth edition of what has become known as CEMAC days, which stretched from March 10 through 16, reflections centred on the theme; “Natural Resources: Stakes and Challenges.”

 

Cameroon in the Top 10 of African Countries Most Attractive For Investments

According to the Nielsen's Africa Prospects Indicators (API), whose 2nd edition of the ranking of African countries most attractive for investments was published on 7 March 2016, Cameroon is the 6th most attractive country on the continent in terms of investments for 2015. This Central African country is slightly behind Côte d'Ivoire, Kenya, Tanzania, du Nigeria and Zambia, who make up the quintet of most attractive countries for investors.

 

Transport: US Company Proposes Advanced Technology

The Minister of Transport received the Vice President of Oracle in Yaounde on March 3, 2016.

Officials of Oracle, a US-based company with more than 420,000 customers and deployments in more than 145 countries, offering a comprehensive and fully integrated stack of cloud applications, platform services, and engineered systems, have proposed services that can change the face of Cameroon transport companies, especially in the air and railway sub-sectors.

 

FINANCE LAWS LUNCHEON FORUM, February 09 2016

The finance Committee opened the 2016 calendar year with a Luncheon at Star land Hotel in Bonapriso; the theme was the 2016 fiscal laws and regulations in Cameroon. Presented by certified Taxation Consultant Mr. Guy Honore Tchente,

 

Youth Employment: Promising Sectors under Scanner

Officials of the Ministry of Employment and Vocational Training are meeting in Yaounde for their annual conference.

Vocational training is the foundation for every meaningful development and copying the good side of policies for a change in society and most especially for a better number of Cameroon’s employment performance is nothing bad, says the Minister of Employment and Vocational Training,

 

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