 Business in Albania, Tirana
Syllabus of the Subject - Foreign Trade and Business in Albania. Tirana
- Introduction to the Republic of Albania (Southeast Europe)
- Albanian Economy: The third chromium producer in the world
- Doing Business in Tirana
- Albanian Foreign Trade (Import, Export)
- Foreign Direct Investment (FDI) in Albania
- Access to the Albanian Market
- Business Plan for Albania
The objectives of the Subject “Doing Business in Albania” are the following:
- To analyse the Albanian Economy and Foreign Trade (Import, Export, FDI)
- To know the business opportunities in the Albanian market
- To analyse the trade relations of Albania with the country of the student
- To know the Albanian Free Trade Agreements
- To develop a business plan for Albanian Market
Sample of the Subject - Doing Business in Albania:

Description of the Subject: Foreign Trade and Business in Albania
Albanian Preferential Access and Free Trade Agreements
- Albania and the
Central Eurasian Economic Area
- Central European Free Trade Agreement (CEFTA)
- Albania has not ratified the framework agreement of the Trade Preferential System of the Organisation of Islamic Cooperation (TPS-OIC)
- Albania-Turkey Free Trade Agreement
- Free Trade Agreement Albania-EFTA (Switzerland, Norway, Iceland and Liechtenstein)
- Albania-European Union Stabilisation and Accession Agreement (European Union-Western Balkans,
EUROMED)
- Organisation of the Black Sea Economic Cooperation (BSEC)
- Central European Initiative (CEI)
- Adriatic-Ionian Initiative
-
Regional Cooperation Council (RCC)
Trade Facilitation Programs
- World Trade Organisation (WTO)
- WTO Agreement on Sanitary and Phytosanitary Measures (SPS)
- WTO General Agreement on Trade in Services (GATS)
- WTO Agreement on Technical Barriers to Trade (TBT)
- WTO Agreement on Preshipment Inspection (PSI)
- WTO Agreement on Safeguards (SG)
- WTO Trade Facilitation Agreement (TFA)
- World Customs Organisation (WCO)
- Revised Kyoto Convention (RKC)
- International Convention on the Harmonization of Frontier Controls of Goods (UNECE)
- Convention on the Contract for the International Carriage of Goods by Road (CMR, UN)
- Convention concerning International Carriage by Rail (COTIF)
- International Bureau of Containers and Intermodal Transport (BIC)
- International Civil Aviation Organisation (ICAO, Chicago Convention)
- International Maritime Organisation (IMO)
- International Convention for Safe Containers (CSC)
- Convention Relating to Temporary Admission (Istanbul Convention)
- Customs Convention on Containers (CCC, UN) - not a member
- Organisation for Cooperation between Railways (OSJD)
- Uniform Rules concerning the Contract of International Carriage of Goods by Rail (CIM, CIT)
- Convention on the Carriage of Goods by Sea (Hamburg Rules, UN)
- International Road Transport Union (IRU)
- TIR Convention
- Guidelines on Safe Load Securing for Road Transport
-
International Chamber of Commerce (ICC)

European Trade and Economic Organisations of Albania-
Economic Commission for Europe (UNECE)
- Organisation for Security and Cooperation in Europe (OSCE)
- Group of States of the European Council Convention against Corruption (GRECO)
Islamic Organisations
- Organisation of Islamic Cooperation (OCI)
- Islamic Chamber of Commerce and Industry (ICCI)
- Islamic Centre for Development of Trade (ICDT)
- Standing Committee for Economic and Commercial Cooperation of the Organisation of Islamic Cooperation (COMCEC)
- Islamic Development Bank (IsDB)
- Albania is beneficiary of the
Arab Development Funds
Global Organisations
- United Nations (UN)
- Conference on Trade and Development (UNCTAD)
- International Trade Centre (INTRACEN)
- World Intellectual Property Organisation (WIPO)
- World Bank (WB)
- International Monetary Fund (IMF)
The Republic of Albania (Europe)
- Capital of Albania: Tirana
- Official Language: Albanian
- Area of Albania: 28,748 square kilometres
- Albanian Population: 2.7 million people
- Type of Government: Parliamentary Republic
- Borders of Albania: Greece, Montenegro, Kosovo and the Republic of Macedonia
- Independence of Albania: 1912 (Ottoman Empire)
- In 1991, the Socialist Republic of Albania became the Republic of Albania
Religion in Albania:
- Islam (Sunnis): 79%
- Albania has signed the Cairo Declaration on Human Rights in Islam
- Fiqh (Islamic Jurisprudence):
Fiqh-al-Hanafi
- Orthodoxy (Christianity)
Albania, despite being an European country, we will also assign to the Islamic Civilisation (Central Eurasian Economic Area)
Albanian Economy.
- The Republic of Albania is a transition economy
- During the communist period, Albania was the most closed and planned country of all, and its effects are still remarkable
- The organised crime and corruption is a serious problem in Albania
- Albanian GDP (nominal): 30,660 million dollars
- GDP per capita: 11,885 dollars
- Currency of Albania: Albanian Lek
- Albania has the largest oil reserves (on land) in Europe
- Albania is the third world chromium producer (10% of the world's total)
- Mining: 40% of the Albanian GDP.
- Entry of foreign investment in sectors such as energy and
Transport
infrastructures
- 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
- Albania is rich in natural resources, has valuable copper, iron and nickel
mines
- Albania requested accession to the European Union in 2009 (EU Enlargement)
Albanian Foreign Trade.
- Albanian exports have increased by 300% between 2008 and 2014
- The main Albanian exports are textiles and footwear, asphalt, metals and metal minerals, petroleum, vegetables, fruits, and tobacco
- Top Albanian exports destinations are Italy (43%), Kosovo, the United States, and China
- The main Albanian imports are machinery, food products, textiles, and chemical products
- The main suppliers of Albania are Italy (33%), China, Greece, and Turkey


Albania-Turkey Free Trade Agreement (FTA).

(c) EENI Global Business School (1995-2021)
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