Noticias

Inicio / Noticias / La UE sugiere 5 buenas prácticas para mejorar el clima de negocios en Camerún

La UE sugiere 5 buenas prácticas para mejorar el clima de negocios en Camerún

Fecha: 28/10/2020

 

Fuente: Business in Cameroon

 

In its 2020 report on European investments in Cameroon, the European Union (EU) prescribes five “good practices” the country can adopt to improve its business climate.

The first is access to financing. In that regard, the EU suggests technical assistance and financing to local banks to increase local companies’ access to loans at reasonable costs. At the same time, it suggests the country should create financing lines for long-term loans to boost economic recovery and improve the business climate. Still in the access to financing segment, the country is advised to set up an alternative financing scheme for new services (innovation or green industries for instance) and foster sustainable development and a digital economy.

The second good practice is for business simplification, which entails streamlining administrative procedures and digitalizing procedures to increase speed and accountability.

The third recommendation is technical assistance to streamline tax administration, reduce costs, and boost transparency. In that regard, the EU suggests an extension of tax payment deadlines while reducing deadlines for VAT refunds.

The fourth good practice concerns commercial law. The European Union suggests the country should support the International Investment Law and Arbitration, dematerialize commercial disputes to boost efficiency and transparency (by reducing procedures and monitoring them). The international institution also advises good supervision of the implementation of competition laws (in the services law particularly), the creation of independent commercial mediation institutions, and ensuring legal certainty.

Finally, the fifth good practice concerns good governance. In that regard, the European Union suggests the dematerialization of tenders to ensure transparent monitoring and support a zero-tolerance policy for all the firms involved in corruption.

Otras Noticias
Energía limpia: Marruecos se une a «Mission Innovation»

Fuente: Yabiladi   Morocco has officially joined «Mission Innovation», a global initiative on clean energy, hence becoming the first African country to tak...

Cancelación de la deuda externa: Camerún podría ser liberado de 6.650 millones de francos CFA de deuda

  Fuente: Business in Cameroon   At the end of the 3rd extraordinary meeting of the steering committee of the CEMAC Economic and Financial Reforms Programme (...

Agadir: pronto tendrá lugar la entrega del proyecto dem Technopark, se esperan un centenar de startups y pymes

Se inicia la cuenta atrás. El Technopark de Agadir Souss-Massa se entregará a mediados de junio de 2021. Esta es, al menos, la fecha adelantada por los gestor...

Guinea Ecuatorial continúa su gira de inversión por África

  Fuente: GUINEA INFOMARKET    Como parte de la campaña Año de Inversión 2020, el Ministerio de Minas e Hidrocarburos de Guinea Ecuatorial firmó vario...