Turkish Trade Minister Ömer Bolat said Türkiye and Cameroon agreed Tuesday to negotiate and sign a double-taxation treaty as soon as possible, aiming to increase trade and investment between the countries.
The proposal came out of a business roundtable in Istanbul attended by Cameroon’s Economy, Planning and Regional Development Minister Alamine Ousmane Mey and company representatives from both countries. In a statement issued Nov. 3, the Turkish Trade Ministry quoted both ministers as putting bilateral trade at $542 million in 2025.
Mey said the figure was below what the two countries could achieve through trade. Mey said Turkish firms had undertaken 27 major projects in Cameroon and pointed to agriculture, energy, services and health as areas for further cooperation.
Bolat cited tourism, health services, investment, agriculture, manufacturing, construction contracting and renewable energy as fields with room for joint work. He also said the countries intended to keep existing projects moving and seek additional ones.
