Applicable to qualifying goods under the African Growth and Opportunity Act (AGOA) for eligible U.S. exports to Cameroon.
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Last updated: 1 year ago
News and Updates
Recent News
U.S. Extends Trade Preferences for Cameroon Under AGOA with Quantitative Limits
The United States has renewed Cameroon's eligibility for trade benefits under the African Growth and Opportunity Act (AGOA), subject to quantitative limits specified in U.S. note 13(b) for certain tariff lines. This renewal aims to boost bilateral trade while maintaining controlled import levels.
October 15, 2023
Impact: This extension is expected to support Cameroonian exporters, particularly in textiles and agricultural products, while ensuring that U.S. domestic industries are protected through specified import caps.
Cameroon Faces Review of Quantitative Limits on U.S. Imports
U.S. trade officials are reviewing the quantitative limits under U.S. note 13(b) for imports from Cameroon due to concerns over market saturation in specific categories. Stakeholder consultations are underway to assess the impact.
August 20, 2023
Impact: Potential adjustments to quotas could either restrict or expand Cameroon's access to the U.S. market, affecting key export sectors like apparel and specialty crops.
Cameroon Exporters Urge Relaxation of U.S. Quantitative Limits
Cameroonian trade associations have petitioned for an increase in the quantitative limits under U.S. note 13(b), arguing that current restrictions hinder their ability to meet growing U.S. demand for certain goods.
June 5, 2023
Impact: If successful, this could lead to higher export volumes from Cameroon to the U.S., benefiting local producers but potentially raising concerns among U.S. competitors.
Policy Updates
AGOA Renewal with Quantitative Limits for Cameroon
The U.S. government announced the continuation of AGOA benefits for Cameroon, maintaining the quantitative limits under U.S. note 13(b) to subchapter HS codes. This policy ensures duty-free access for eligible products while capping import volumes to protect domestic industries.