Tuesday, 15 August 2017

Cameroon-South Africa trade cooperation:



Preparation hightens ahead of Durban Trade Fair
-Interested business operators invited to present themselves at the Ministry of Trade in Yaounde
Motomby Joseph Ndoumbe, Director of External Trade and Focal Point of Cameroon/SA business Forum
Durban Trade Fair
Cameroon has begun preparations ahead of the 2017 edition of the Durban Trade Fair to hold from 26 September to 1st October 2017 in Durban, South Africa.
                This 17th edition of the annual event is expected to regroup over 600 participants and attract about 15000 visitors from countries accross the world.
                As has been the case with previous editions, the 2017 Durban Trade Fair affords a veritable opportunity for Cameroonian businessmen to showcase and promote their products to the wider world.
                It is certainly in recognition of the important gains that Cameroonian industries stand to make from the Fair, that the Minister of Trade has issued a release inviting Cameroonian business operators to jump for the occasion and take advantage of the opportunities presented by the fair in terms of marketing Cameroonian trademarks and creating win-win business partnerships with their counterparts from other countries.
                 “The Durban Trade Fair is an annual international event which falls within the ambit of the trade accord signed in 2006 between Cameroon and South Africa. The accord opens avenues for both countries to participate in business and economic fora organized in the two countries with the aim of promoting trade and sharing ideas in the development of trade and industry,” noted the release issued by the Trade Minister.
                It also noted that it was in respect of the terms of the Accord that a Joint Cameroon/South Africa Business Forum was set up to meet at regular intervals to seek ways of promoting trade between the two countries.
                According to the Director of External Trade at the Cameroon Ministry of Trade, Motomby Joseph Ndoumbe, who doubles as Cameroon Focal Point of the Cameroon/South Africa Business Forum, the trade fair presents an occasion for the promotion of bilateral trade between Cameroon and South Africa. It also creates an avenue for negotiation of joint ventures between Cameroonian and South African business operators.

                Motomby noted that “even though the balance of trade presently favours South Africa, perhaps because of the country’s relative industrial advancement vis-vis Cameroon, Cameroonian businessmen should not be discouraged because they can still reverse the trend. And this can be possible especially if we focus our attention on our most competitive export products.”
                It is for this reason that the ministry of trade has been multiplying meetings and working sessions with interested business operators, to prepare them towards a remarkable participation at the 2017 Durban Trade Fair come September.
                Drawn from virtually all sectors of the national economy, the prospective participants at the fair are edified by the ministry of trade on the objectives of the fair. They are also urged to submit lists of products they intend to showcase at the fair and suggestions on their expectations for review and onward transmission to South Africa.
                “Our objective is to make a really positive impact in South Africa. Because the balance of trade between our two countries is in our disfavour, our prime goal is to seek ways and means of reversing the trend. We understand that this cannot be achieved in 1 or 2 years; so, we must start working hard now so that we can make good the lag in the near future. We cannot afford to fold our arms at this juncture,” MotombyNdumbe posited.



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