EENI Global Business School
Business in Albania, Tirana

Syllabus of the Subject - Foreign Trade and Business in Albania. Tirana

  1. Introduction to the Republic of Albania (Southeast Europe)
  2. Albanian Economy: The third chromium producer in the world
  3. Doing Business in Tirana
  4. Albanian Foreign Trade (Import, Export)
  5. Foreign Direct Investment (FDI) in Albania
  6. Access to the Albanian Market
  7. Business Plan for Albania

The objectives of the Subject “Doing Business in Albania” are the following:

  1. To analyse the Albanian Economy and Foreign Trade (Import, Export, FDI)
  2. To know the business opportunities in the Albanian market
  3. To analyse the trade relations of Albania with the country of the student
  4. To know the Albanian Free Trade Agreements
  5. To develop a business plan for Albanian Market
The Subject “Foreign Trade and Business in Albaniabelongs to the following Online Higher Education Programs taught by EENI Global Business School:
  1. Course: Business in the EFTA Countries
  2. Doctorates: European Business, World Trade
  3. Masters: Business in Europe, International Business, Foreign Trade

E-learning Courses, Diplomas (Global Business, Foreign Trade)

Albania Master Doctorate Global Business Masters and Doctorates in International Business adapted to the Albanian Students

Learning materials in Courses, Masters, Doctorates in International Business in English + Study Master Doctorate Business in Spanish Albania Study, Master in International Business in French Albanie Masters Foreign Trade in Portuguese Albânia.

  1. Credits of the Subject “Doing Business in Albania”: 1 ECTS
  2. Duration: one week

Sample of the Subject - Doing Business in Albania:
European Free Trade Association (EFTA)-Albania Free Trade Agreement (FTA)





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Description of the Subject: Foreign Trade and Business in Albania

Albanian Preferential Access and Free Trade Agreements

  1. Albania and the Central Eurasian Economic Area
  2. Central European Free Trade Agreement (CEFTA)
  3. Albania has not ratified the framework agreement of the Trade Preferential System of the Organisation of Islamic Cooperation (TPS-OIC)
  4. Albania-Turkey Free Trade Agreement
  5. Free Trade Agreement Albania-EFTA (Switzerland, Norway, Iceland and Liechtenstein)
  6. Albania-European Union Stabilisation and Accession Agreement (European Union-Western Balkans, EUROMED)
  7. Organisation of the Black Sea Economic Cooperation (BSEC)
  8. Central European Initiative (CEI)
  9. Adriatic-Ionian Initiative
  10. Regional Cooperation Council (RCC)

Trade Facilitation Programs

  1. World Trade Organisation (WTO)
    1. WTO Agreement on Sanitary and Phytosanitary Measures (SPS)
    2. WTO General Agreement on Trade in Services (GATS)
    3. WTO Agreement on Technical Barriers to Trade (TBT)
    4. WTO Agreement on Preshipment Inspection (PSI)
    5. WTO Agreement on Safeguards (SG)
    6. WTO Trade Facilitation Agreement (TFA)
  2. World Customs Organisation (WCO)
    1. Revised Kyoto Convention (RKC)
  3. International Convention on the Harmonization of Frontier Controls of Goods (UNECE)
  4. Convention on the Contract for the International Carriage of Goods by Road (CMR, UN)
  5. Convention concerning International Carriage by Rail (COTIF)
  6. International Bureau of Containers and Intermodal Transport (BIC)
  7. International Civil Aviation Organisation (ICAO, Chicago Convention)
  8. International Maritime Organisation (IMO)
    1. International Convention for Safe Containers (CSC)
    2. Convention Relating to Temporary Admission (Istanbul Convention)
  9. Customs Convention on Containers (CCC, UN) - not a member
  10. Organisation for Cooperation between Railways (OSJD)
  11. Uniform Rules concerning the Contract of International Carriage of Goods by Rail (CIM, CIT)
  12. Convention on the Carriage of Goods by Sea (Hamburg Rules, UN)
  13. International Road Transport Union (IRU)
    1. TIR Convention
    2. Guidelines on Safe Load Securing for Road Transport
  14. International Chamber of Commerce (ICC)

Trade Relations European Union-Western Balkans: Albania, Bosnia and Herzegovina, the Former Yugoslav Republic of Macedonia, Montenegro, Serbia and Kosovo

European Trade and Economic Organisations of Albania
  1. Economic Commission for Europe (UNECE)
  2. Organisation for Security and Cooperation in Europe (OSCE)
  3. Group of States of the European Council Convention against Corruption (GRECO)

Islamic Organisations

  1. Organisation of Islamic Cooperation (OCI)
    1. Islamic Chamber of Commerce and Industry (ICCI)
    2. Islamic Centre for Development of Trade (ICDT)
    3. Standing Committee for Economic and Commercial Cooperation of the Organisation of Islamic Cooperation (COMCEC)
  2. Islamic Development Bank (IsDB)
  3. Albania is beneficiary of the Arab Development Funds

Global Organisations

  1. United Nations (UN)
    1. Conference on Trade and Development (UNCTAD)
    2. International Trade Centre (INTRACEN)
    3. World Intellectual Property Organisation (WIPO)
  2. World Bank (WB)
  3. International Monetary Fund (IMF)

The Republic of Albania (Europe)

  1. Capital of Albania: Tirana
  2. Official Language: Albanian
  3. Area of Albania: 28,748 square kilometres
  4. Albanian Population: 2.7 million people
  5. Type of Government: Parliamentary Republic
  6. Borders of Albania: Greece, Montenegro, Kosovo and the Republic of Macedonia
  7. Independence of Albania: 1912 (Ottoman Empire)
  8. In 1991, the Socialist Republic of Albania became the Republic of Albania

Religion in Albania:

  1. Islam (Sunnis): 79%
    1. Albania has signed the Cairo Declaration on Human Rights in Islam
    2. Fiqh (Islamic Jurisprudence): Fiqh-al-Hanafi
  2. Orthodoxy (Christianity)

Albania, despite being an European country, we will also assign to the Islamic Civilisation (Central Eurasian Economic Area)

Albanian Economy.

  1. The Republic of Albania is a transition economy
  2. During the communist period, Albania was the most closed and planned country of all, and its effects are still remarkable
  3. The organised crime and corruption is a serious problem in Albania
  4. Albanian GDP (nominal): 30,660 million dollars
  5. GDP per capita: 11,885 dollars
  6. Currency of Albania: Albanian Lek
  7. Albania has the largest oil reserves (on land) in Europe
  8. Albania is the third world chromium producer (10% of the world's total)
  9. Mining: 40% of the Albanian GDP.
  10. Entry of foreign investment in sectors such as energy and Transport infrastructures
  11. The main sectors of the Albanian Economy are agriculture, food processing, wood, petroleum, cement, chemical products, mining, base metals, hydroelectric power, tourism, textile industry, and footwear
  12. Albania is rich in natural resources, has valuable copper, iron and nickel mines
  13. Albania requested accession to the European Union in 2009 (EU Enlargement)

Albanian Foreign Trade.

  1. Albanian exports have increased by 300% between 2008 and 2014
  2. The main Albanian exports are textiles and footwear, asphalt, metals and metal minerals, petroleum, vegetables, fruits, and tobacco
  3. Top Albanian exports destinations are Italy (43%), Kosovo, the United States, and China
  4. The main Albanian imports are machinery, food products, textiles, and chemical products
  5. The main suppliers of Albania are Italy (33%), China, Greece, and Turkey

Adriatic-Ionian Initiative (Bosnia, Croatia, Slovenia, Serbia...)

European Union Enlargement: Macedonia, Albania, Bosnia and Herzegovina, Montenegro, Serbia, Kosovo and Turkey

Albania-Turkey Free Trade Agreement (FTA).

Turkey-Albania Free Trade Agreement



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