Can free trade between Cameroon and Nigeria foster Cameroon’s objective of becoming an emerging country by 2035?
Nkafu Open Trade Initiative (NOTI) Quarterly Panel Discussion – 4th Session
Thursday 10th, February 2022, from 09:00 am to 12:00pm (Hybrid Event)
Mansel Hotel (Yaoundé) (Register here) and Online Zoom (Register Here)
On November 16, 2020, the government of Cameroon presented to the public its new reference framework called: “National Development Strategy 2020-2030 (NDS30)”. This NDS30 will ensure emergence of the country by 2035. One of the main objectives of this new government strategy is to achieve an average growth of 8% over the next 10 years. To this end, the country plans to diversify its foreign trade by conquering markets with high development potential. As a first step, the Government plans to draw up an effective strategy for the development of trade with Nigeria, a country bordering Cameroon over 1,000 km (with 136 million inhabitants) and having many assets in terms of Small and Medium sized Enterprises (SMEs) in the field of industrial production. Trade with this country should cover the entire range of products, from primary products (oil), food and industrial products, to services (energy supply). Within this scope and given the socioeconomic context marked by the COVID-19 pandemic, the Nkafu Policy Institute of the Denis & Lenora Foretia Foundation is organizing the fourth session of the Nkafu Open Trade Initiative Discussion on the theme: Can Free Trade between Cameroon and Nigeria foster Cameroon’s Objective of Becoming an Emerging country?
2. Objectives and key issue
The main objective of this event is to provide a platform for high-level experts to discuss how free trade between Cameroon and Nigeria can foster Cameroon’s vision of becoming an emerging country by 2035. Specifically, it will be matter of:
- · Examining the real needs of the Cameroonian economy (in terms of production, infrastructures) in the short, medium and long term.
- · Explaining how free trade between Cameroon and Nigeria could increase incomes and support living standards in the coming years.
- · Examining the main obstacles to trade between Cameroon and Nigeria.
3. Target Audience
The target audience will be made up of students, professionals, trade experts, policy makers and civil society organizations.
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