Preferential Rate under US-Cameroon Trade Agreements
10%
Applicable under the African Growth and Opportunity Act (AGOA) if eligibility criteria are met and proper documentation is provided.
Additional Information
No additional information available.
Last updated: 1 year ago
News and Updates
Recent News
US Increases Exports of Prefabricated Structural Components to Cameroon
Recent trade data shows a 20% increase in the export of prefabricated structural components (HS Code: 9406.90) from the US to Cameroon, driven by infrastructure development projects in the region.
2023-10-15
Impact: This surge is expected to strengthen trade ties and support Cameroon's construction sector, though it may face challenges due to logistical costs and local competition.
Cameroon Seeks US Investment in Prefabricated Construction Materials
Cameroonian officials have invited US companies to invest in the local production of prefabricated structural components, aiming to reduce import dependency and boost trade.
2023-09-22
Impact: Potential for increased bilateral trade and investment, though US firms may face regulatory and political risks in Cameroon.
US-Cameroon Trade Forum Highlights Prefabricated Components Sector
A recent trade forum between the US and Cameroon emphasized the potential for growth in the prefabricated structural components market, with discussions on reducing trade barriers.
2023-08-10
Impact: Positive outlook for trade growth in this sector, contingent on successful negotiations to lower tariffs and improve market access.
Policy Updates
US Updates Export Controls for Construction Materials to Cameroon
The US Department of Commerce has revised export control policies for certain construction materials, including prefabricated structural components (HS Code: 9406.90), to streamline trade with African nations like Cameroon.
Date: 2023-09-05
Cameroon Introduces New Import Tariff Structure
Cameroon has implemented a revised tariff structure for imported construction materials, including prefabricated structural components, aiming to balance revenue generation with infrastructure needs. A slight reduction in tariffs may benefit US exporters.
