EENI Global Business School

Business in the Bahamas

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Syllabus of the Subject

Foreign Trade and Business in the Bahamas - Nassau

  1. Introduction to the Bahamas (Caribbean)
  2. Bahamian Economy
  3. Bahamian Foreign Trade
  4. Investment in the Bahamas
  5. Business Opportunities in the Bahamas;
    1. Set-up a business in the Bahamas
  6. Freeport Grand Bahamas
  7. Case Study: Financial services in the Bahamas
  8. Access to the Bahamian Market
  9. Business Plan for the Bahamas

The purposes of the subject “Foreign Trade and Business in the Bahamas” are the following:

  1. To analyze the Bahamian Economy and Global Trade
  2. To know the business opportunities in the Bahamas
  3. To explore the Bahamian trade relations with the country of the student
  4. To know the Bahamian Trade Agreements
  5. To develop a business plan for the Bahamian Market

Global Trade and Business in the Bahamas
International Trade and Business in the Bahamas

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

The Subject “Foreign Trade and Business in the Bahamas” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate: American Business, World Trade.

Doctorate in International Business (DIB) Online

Masters: International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB)

Languages: Masters, Doctorate, International Business, English or Study Master Doctorate in International Business in Spanish Bahamas Study Doctorate in International Business in French Bahamas Masters Foreign Trade in Portuguese Bahamas.

Foreign Trade and Business in the Caribbean (CARICOM) and Cuba

Masters adapted for Caribbean students.

International Trade and Business in the Bahamas.

Market Access - Trade Agreements

Preferential Access and Trade Agreements of the Bahamas:

  1. The Bahamas and the Caribbean Economic Area
  2. Association of Caribbean States (the Bahamas)
  3. CARICOM
    1. Colombia-Bahamas (CARICOM) Agreement (FTA)
    2. CARICOM-Dominican Republic FTA
    3. Costa Rica-CARICOM Agreement
    4. CARIFORUM-EU Agreement
  4. Caribbean Basin Initiative
  5. Caribbean-Canada Trade Agreement
  6. UK-CARIFORUM Free Trade and Economic Integration Agreement
  7. The U.S.-Caribbean Basin Trade Partnership Act
  8. Caribbean Development Bank
  9. SELA

Costa Rica-CARICOM Free Trade Agreement

Trade Facilitation Programs. TFA Agreement

  1. WTO (in process of accession)
  2. BIC (Containers)
  3. Chicago Convention (ICAO)
  4. IMO
  5. ICS
  6. WCO
    1. Kyoto Convention

Foreign Trade Facilitation. TFA Agreement. Customs. Payments. Global Supply Chain

Latin American Economic Integration

  1. OAS
  2. ECLAC
  3. CELAC
  4. EU-CELAC Summit
  5. Inter-American Development Bank

Globalization and International Organizations

  1. WB
  2. Commonwealth
  3. UN
  4. WB
  5. WTO
  6. IMF

Caribbean Basin Economic Recovery Act. U.S Trade Partnership

The Commonwealth of The Bahamas.

  1. Bahamian Capital: City of Nassau (254,132)
  2. Official language of the Bahamas: English
  3. Bahamian Population: 306,000 inhabitants
  4. 83% of the Bahamian population are Afro-Bahamian
  5. Bahamian Area: 13,878 km²
  6. Parliamentary democracy
  7. Literacy rate of the Bahamas: 95%
  8. Near countries: U.S. (Florida), Haiti
  9. The Bahamas has more than 700 Islands
  10. Independence of the Bahamas: 1973 (UK)

Main religion in the Bahamas: Christianity (35% are Baptists).

Christianity and Global Business (Catholicism, Protestantism)

The Bahamas belongs to the Caribbean Economic Area.

Foreign Trade (Importing, Exporting)

Bahamian Economy.

  1. Open economy
  2. The Bahamas is a developing country
  3. Top economic sectors of the Bahamas: financial services and tourism
  4. Financial services: 15 percent of the Bahamian GDP
  5. Stable investment climate
  6. Nassau Harbour: allow world's largest passenger vessels
  7. Business Opportunities in agricultural and marine resources sectors, offshore medical centers, and second homes
  8. Low-tax environment
  9. Stable currency: Bahamian dollar (BSD)
  10. The Bahamas is a member of the British Commonwealth
  11. Freeport Grand Bahamas (Free Trade Zone)
  12. Growing of ship registries (1,500 vessels) in the Bahamas

Colombia-Bahamas (CARICOM) FTA:
CARICOM (Antigua, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Suriname...)-Colombia Free Trade Agreement (FTA)

Caribbean Community CARICOM (Single Market and Economy). Bahamas, Barbados, Belize, Dominica...

European Union-CARICOM Free Trade Agreement (FTA)

CARIFORUM-European Union Economic Partnership Agreement

Caribbean Development Bank (Antigua, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Suriname...)

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