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Cameroon - Morocco: Commercial exchanges reached FCfa 61 billion

Truck Carrying Containers From Port Commercial exchanges between Cameroon and Morocco reached FCfa 61 billion in 2016

Sun, 27 Nov 2016 Source: Business in Cameroon

Per the statistics of the Chamber of Commerce, Industrie, Mine and Arts (CCIMA) of Cameroon, commercial exchanges between the economic engine of the CEMAC and the Kingdom of Morocco peaked at FCfa 61 billion this year.

The information was revealed during a meeting between the management of CCIMA and Moroccan economic operators, gathered at the French Chamber of Commerce and Industry of Morocco (CFCIM), undertaking a prospection mission in Cameroon.

“Moroccans want to establish partnerships with Cameroonian companies and in the long term set up in Cameroon (…) The sectors we are targeting among others are the food industry, civil engineering (BTP in French), electricity, mining, etc.”, assured Amal Belkhemmar, head of the delegation.

For the moment, Cameroonian exports to Morocco mainly comprise products such as wood, cotton, fresh bananas, coffee and cocoa; while Morocco exports to Cameroon carton, electrical equipment or fertilisers.

Source: Business in Cameroon