Business in Antigua and Barbuda, St. John's

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Syllabus of the Subject: Foreign Trade and Business in Antigua and Barbuda - St. John's. Antiguan Economy

1. Introduction to Antigua and Barbuda
2. Business in St. John's
3. Antiguan Economy
4. Antiguan Foreign Trade (Import, Export)
5. Business Opportunities in Antigua and Barbuda
6. Access to the Antiguan market
7. Business Plan for Antigua and Barbuda

The objectives of the Subject «Doing Business in Antigua and Barbuda» are the following:

1. To analyse the Antiguan economy and Foreign Trade (Import, Export, FDI)
2. To explore the Business Opportunities in Antigua and Barbuda
3. To analyse the trade relations of Antigua and Barbuda with the country of the student
4. To know the Free Trade Agreements of Antigua and Barbuda
5. To develop a business plan for the Antiguan market

Sample of the Subject - Doing Business in Antigua and Barbuda:

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Description of the Subject - Business in Antigua and Barbuda:

Preferential access and Free Trade Agreements of Antigua and Barbuda

1. Antigua and Barbuda and the Caribbean Economic Area
2. Association of Caribbean States (ACS)
3. Bolivarian Alliance for the Peoples of Our America (ALBA)
4. Caribbean Community (CARICOM)
   1. CARIFORUM-European Union (EU) Economic Partnership Agreement
   2. Colombia-CARICOM Agreement (Antigua and Barbuda)
   3. CARICOM-Dominican Republic Free Trade Agreement
   4. Costa Rica-Caribbean Community Agreement (Antigua and Barbuda)
5. Caribbean-Canada Trade Agreement (CARIBCAN)
6. United States-Caribbean Basin Trade Partnership Act (CBTPA)
7. Caribbean Basin Initiative
8. Organisation of Eastern Caribbean States (OECS)

Foreign Trade Facilitation Programs

1. World Trade Organisation (WTO)
   1. Agreement on the Application of Sanitary and Phytosanitary Measures (SPS)
   2. Agreement on Technical Barriers to Trade (TBT Agreement)
   3. Agreement on Preshipment Inspection
   4. Agreement on Safeguards (SG)
   5. Trade Facilitation Agreement (TFA)
2. International Maritime Organisation (IMO)
3. Is not a member of the World Customs Organisation (WCO)
   1. Revised Kyoto Convention

Antigua and Barbuda.

1. Antiguan Capital: St. John's (Island of Antigua)
2. Largest cities: St. John's, All Saints, Potters Village and Liberta
3. Antigua and Barbuda does not share land borders with any country
4. Nearest countries to Antigua and Barbuda by sea: Guadalupe, Montserrat, Saint Kitts and Nevis and San Martín.
5. Area of Antigua and Barbuda: 442 square kilometres
6. Population of Antigua and Barbuda: 92,000 inhabitants
   1. Density of the Antiguan population: 209 inhabitants / square kilometres
   2. 88% of the population has an African origin (African Diaspora)
7. Official language of Antigua and Barbuda: English
   1. Creole English
   2. Spanish is increasingly used
8. Abolition of Slavery in Antigua and Barbuda: 1834
9. Climate of Antigua and Barbuda: tropical
10. 1493: discovery by the Spanish
11. 1667: British colonisation
12. Type of government: Constitutional monarchy (Queen Elizabeth II, Commonwealth)
13. Independence of Antigua and Barbuda: the United Kingdom in 1981

Main religion in Antigua and Barbuda:

1. Christianity Protestantism: 69% of the Antiguan population

Antigua and Barbuda belongs to the Caribbean Economic Area of the Western Civilisation

Antiguan Economy.

1. Antiguan GDP: 2,159 million dollars
2. GDP per capita of Antigua and Barbuda: 23,922 Dollars
3. In September 2017, the Hurricane Irma destroyed 95% of Barbuda's buildings and infrastructure
4. The main Antiguan economic activity is the sugar industry
5. Tourism: 60 % of the GDP of Antigua and Barbuda.
6. Significant agricultural production: sugar cane, cotton and fruits (papaya, guava, orange, pineapple, lemons)
7. Main industries: oil refining, textile manufacturing, joinery and rum production.
8. Antigua and Barbuda is a tax haven since 2000
   1. Antigua and Barbuda is considered as an offshore jurisdiction.
   2. Has signed the United Nations law against money laundering
   3. Antigua and Barbuda  is considered a paradise for drug trafficking and money laundering
9. Antiguan Currency: Eastern Caribbean Dollar (XCD)
   1. Fixed exchange rate with the US dollar (2,7:1)
10. Country code top-level domain of Antigua and Barbuda: .ag

Antiguan Foreign Trade

1. Main exports of Antigua and Barbuda: petroleum products, machinery, transport equipment and food
2. Main export markets of Antigua and Barbuda: the countries of the Organisation of Eastern Caribbean States, Barbados, Guyana, Trinidad and Tobago, the United States, Spain, Germany, Italy, Singapore, the United Kingdom
3. Main imports of Antigua and Barbuda: agricultural and petroleum products
4. Largest providers of Antigua and Barbuda: the United States, the United Kingdom, Canada and the countries of the Organisation of Eastern Caribbean States

International Transport and Logistics in Antigua and Barbuda:

1. Main seaport: St. John's
2. 1,165 Kilometres of roads (384 km paved)
   1. Driving on the left
3. 80 Kilometres of railway lines
4. Antigua Airport

Global Economic Organisations: Antigua and Barbuda is a member of...

1. Community of Latin American and Caribbean States (CELAC)
   1. European Union-CELAC Summit
2. Organisation of American States (OAS)
3. Economic Commission for Latin America and the Caribbean (ECLAC)
4. Commonwealth
5. United Nations (UN)
6. World Bank (WB)
7. World Trade Organisation (WTO)
8. International Monetary Fund (IMF)

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