Page 336 - Atouts Economiques Cameroun-2019-GB
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                 LES ATOUTS ECONOMIQUES DU CAMEROUN
• Access to market of foreign currency in all its forms and the freedom of transfer of capital within the framework of UMAC
• Diligence in concession procedures and access to landed property
• The equitable and transparent application of business law in conformity with the treaty related to OHADA
• The equitable and transparent application of labour law and the law on social security elabo- rated in conformity with the treaty of the inter- African conference of social security (CIPRES)
• The equitable and transparent application of intellectual property right elaborated within the framework of the World Intellectual Property right Organisation (OMPI) as well as the African Organisation of Intellectual Property (OAPI)
• The equitable and transparent application of the law on insurance elaborated within the frame- work of the inter- African insurance market (CIMA)
• The independence and professional compe- tence, jurisdictions that are both of the legal and administrative order
• The application of every other agreement or international treaty ratified in conformity with arti- cles 43, 44, and 45 of the Constitution
The State is a part taker of both bilateral and mul- tilateral agreements in terms of guarantee of investment. It adheres to:
The office of the African Intellectual Property Right Organisation in Yaounde
• The New York Convention on the ackno- wledgement on the execution of international arbitral sentences concluded under the auspices of the UN
• To the Washington Convention to institute the International Centre for the Settlement of conflicts, related to investments (CIRDI)
THE STATE IS PART
• of the Seoul Convention of 11 October 1985 to create the multilateral agency for the guaran- tee of investment (MIGA) destined to guarantee non commercial risks
• of the OHADA treaty in application of which modern legal rules, simple and inspired from international practice were elaborated in busi- ness law
The State has, thanks to its belonging to OHADA, an arbitration mechanism both ad hoc and institutional, inspired from most successful international instruments, such as the law of the UN for international law on trade, international arbitration of 1985 and the regulation of arbi- tration of the international chamber of com- merce of 1998
The State has entered into ACP/CE partner- ships of 23 June 2000 which provides an arbitration mechanism for the settlement of dis- putes between African, Caribbean and Pacific States (ACP) and entrepreneurs, suppliers or service providers tied to a financing from European development funds.
















































































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