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331Discover all you need to know on business opportunities in Cameroon• The establishment of a financial service system in favour of economic operations of medium size through appropriate regulation and supervisionThe State puts in place promotion mechanisms of promoting integral exportation, on one hand, and insurance and financing techniques aimed at, on the other hand, on the cover of production risks, search of markets, facilitation of the said financing and various risks. It adheres notably to the African Bank for Import and Export (AFREXIM Bank), pan African institute aimed at financing loan operations for imports and exports.Without prejudice of national financial structures, the State supports the creation of a sub regional market, credible and conform to international norms, to enable the mobilisation of long savings and its allocation in productive and beneficial investment projects.The State endures the active promotion of saving and placement by the elaboration of an inciting saving code for saving and placing. It puts in place volun- tary public titles. The national market of public titles is integrated in sub regional initiatives on the issue.The State adheres to a solid and efficient system of industrial, commercial and social risk cove- rage which is indispensable for the development of investment and research for competitiveness.Miscellaneous ProvisionsThis law abrogates:• Ordinance No 90/001 of 29 January 1990 to create the regime of the franc zone in Cameroon ratified by Law No 90/023 of 10 August 1990;• Ordinance No 90/007 of 8 November 1990 to create the code of three investments in Cameroon.The sector codes and regulatory texts relating to the organisation, composition and functioning of institutions provided in this charter shall be taken in not more than two years from the date of pro- mulgation of this law.Companies which benefit from special regimes or privileged regimes flow from the above men- tioned texts, conserving their advantage. During the transition period of two years mentioned in sub paragraph 2 above, and by derogation to provisions of sub section one of this article, insti- tutions and regimes provided by texts mentioned in sub paragraph one remain in force till the put- ting in place of new institutions and sector codes.All legislative and regulatory texts whose provi- sions are contrary to those of this law must be in conformity. The organs and institutions provided in this law which exist at the time of its entry into force have one year deadline from the date of its promulgation to be in conformity with the provi- sions of this one.GOOD INVESTMENT SECTORSCameroon’s economic needs and potentials are such that there are a great variety of good invest- ment sectors. Amongst other can be cited:n The transformation of materials which leads to the production of a finished or semi finished goodsn Extraction and transformation of mineral resourcesn The transformation of hydrocarbons, n Forest exploitation assorted with thetransformation of woodn Agricultural productionn Productionn Stock breedingn Industrial and local fishingn Transformation of agricultural products, animal or halieuticn Stocking and conservation activities of food products,n Making of necessary materials for public buildingsn Maintenance of industrial equipment focused on the making on spare partsn Naval repairs, technological research activities and the management of datan Hospitals and pharmaceutical laboratories n Trial, analysis and control of raw materiallaboratories for finished or semi finished products used or produced by the industryLES ATOUTS ECONOMIQUES DU CAMEROUN

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