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Cameroon News :: CEMAC & Private Sector: New Economic Dynamics :: Cameroon news

The new team of the Commission of the Economic and Monetary Community of Central Africa (#CEMAC) held a meeting with the private sector on July 28, 2023 in Douala. Having taken office on June 2, 2023, this government wishes to breathe new life into it as indicated in the press release published.

The President of the Commission, the Vice-President and other members welcomed around fifty participants, including business leaders from the area #CEMAC. About 40 business leaders operating in the #CEMAC zone took part in the meeting on July 17, 2023.

The six member countries of the sub-regional institution were present at this meeting to establish contact and discuss with private sector actors. The press release underlines that this meeting offers the opportunity to discuss the modalities of organization of future exchanges between #CEMAC and employers: “The contact meeting is presented as an opportunity to outline the modalities of organization of exchanges future between #CEMAC and employers,” the statement read.

The objective of the get-together meeting is to foster collaboration between the participants, encouraging the exchange of ideas and actions in order to establish a new dynamic. Emphasis is placed on the mutual consideration of needs and the search for appropriate solutions to promote the development of the private sector in the #CEMAC zone.

These exchanges will result in recommendations to improve the investment system. They will therefore make it possible to define the best strategies that can enable investment flows in the Central African sub-region to experience considerable growth. Recommendations aimed at improving the community investment system may emerge from these exchanges. A dialogue platform between the #CEMAC Commission and the private sector will be created for this purpose.

Ultimately, the creation of a permanent platform for dialogue in the form of an agenda of periodic meetings between the #CEMAC Commission and the private sector, to address major issues related to investment in space # CEMAC, is the main expected result.

From now on, all the parties are waiting for the implementation of the strategic decisions taken…

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