Central African Economic and Monetary Community: Selected Issues

August 22, 2006

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Central African Economic and Monetary Community: Selected Issues, (USA: International Monetary Fund, 2006) accessed September 20, 2024

Summary

The creation, in 1994, of the Central African Economic and Monetary Community (CEMAC) customs union was a major step in the regional integration process in central Africa. The implementation of the agreed regime by the member countries, however, has remained unsatisfactory. A 2002–03 initiative to improve policy implementation has largely stalled. Several recent initiatives concerning external trade provide new challenges and opportunities for welfare-enhancing reforms. Although the 1994 reforms that created the CEMAC customs union were a major step forward, the trade regime remains plagued by poor implementation.

Subject: Exports, Imports, International trade, Revenue administration, Tariffs, Taxes, Trade facilitation, Trade liberalization

Keywords: Africa, Cameroon, CEMAC, CEMAC country, CEMAC imports, CEMAC trade regime, CR, Customs union, Doha round, Exports, Import, Imports, ISCR, Member country, Tariff, Tariffs, Trade, Trade facilitation, Trade liberalization

Publication Details

Pages:

20
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2006/309
Stock No:

1CAEEA2006001
ISBN:

9781451806533
ISSN:

1934-7685

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