Under the European Development Fund, a total of €239m has been allocated to 2 priority areas:
The Commission is currently preparing a new EU-Cameroon strategy for 2014-20.
The EU and Cameroon hold twice-yearly political discussions under Article 8 of the Cotonou Agreement, especially about economic governance, rule of law human rights.
In 2009, Cameroon and the EU signed an interim agreement to lift trade barriers on 50% of EU imports over 10 years and 80% over 15 years.
The agreement covers all sectors, although exclusion clauses were introduced for certain sectors, in particular for nascent industries. These mostly apply to agricultural and processed food products.
In 2010, the 2 parties signed a Voluntary Partnership Agreement (VPA) under the Forestry Law Enforcement, Governance and Trade process.