Business and Regulatory Environment

Description

The latest World Bank Doing Business Report (2013) ranked Cameroon 161st out of 185 economies. Cameroon is behind the regional average of Sub-Saharan countries but performs better than Equatorial Guinea, Gabon and The Congo. Among the 10 categories analysed by this survey, Cameroon performs relatively better in getting electricity, whereas paying taxes and enforcing contracts are particularly unfavourable. Cameroon is a member of the Organization for the Harmonization of Business Law in Africa (OHADA), which has brought Cameroonian business laws in line with other African member countries. Cameroon’s business laws are relatively clear, but its law enforcement is weak. The privatisation of state owned fixed-line telecommunications business has failed several times although new proposals in 2013, if implemented, should provide further incentives for FDI. Aiming to serve businesses, Cameroon's leading private sector association, Groupement inter patronal du Cameroun (GICAM) has pressed the government to simplify public procurement and contract award procedures. A new government procurement rule created in 2012 is expected to improve the awarding of contracts procedures and reduce the proportion of contracts being awarded under private agreements. The state however continues to play a key role in Cameroonian trade with holdings in some 30 of the top 50 companies (WTO 2013; Bertelsmann Stiftung 2012).

The Business Environment: Doing Business

Multilateral Trade Instruments

Abstract


The Trade Treaties Map tool is a web-based system on multilateral trade treaties and instruments designed to assist trade support institutions (TSIs) and policymakers in optimizing their country's legal framework on international trade

Instrument ratified :
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Weighted score : /100
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