IMF Staff Country Reports

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 November 8, 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:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2006/309

  • Stock No:

    1CAEEA2006001

  • ISBN:

    9781451806533

  • ISSN:

    1934-7685