Market Regulatory Committee Soon Operational

Trade Minister, Luc Magloire Mbarga Atangana made the disclosure yesterday in Yaounde while chairing a series of consultation meetings with businessmen.

An inter-ministerial committee for the regulation of markets will soon go operational. Created by a Prime Ministerial Arête in October 2016, the committee will control trade with members being public administrations in the production and commercialisation as well as civil society such as consumers association, economic operators and distributors.

The revelation was made yesterday, January 10, 2017 in Yaounde by the Minister of Trade, Luc Magloire Mbarga Atangana while chairing a series of consultation meetings with economic operators and consumers’ associations. The committee, he stated, will regulate trade activities with the objective of protecting consumers in the distribution and commercialisation chain of production.

Officials of the Ministry of Trade and economic operators also made an assessment of promotional sales operations of basic commodities during the end-of-year festivities while also reflecting on the prospects for 2017. The Minister of Trade, economic operators, as well as consumer rights associations all rejoiced that basic commodities were available in 2016.

Mr Mbarga Atangana stated that in terms of price and availability, Cameroon’s trade sector is well structured and organised with the putting in place of a policy of projecting for the coming year. In a bid to stimulate consumption and promote local production, monthly Consumers’ Day will henceforth be organised.

In the fisheries and aquaculture sub-sector fo...