Doing Business in Belgium

EENI- School of International Business

Subject (Course) - Foreign Trade and Business in Belgium. Brussels

  1. Introduction to the Kingdom of Belgium (the European Union)
  2. The economy of Belgium
  3. Doing Business in Brussels: the political centre of the European Union
  4. The Belgian Foreign Trade
  5. Foreign direct investment (FDI) in Belgium
  6. Access to the Belgian Market
  7. Business Plan for Belgium

Objectives of the subject “Doing Business in Belgium”:

  1. To analyse the Belgian Economy and Foreign Trade
  2. To evaluate business opportunities in the Belgian Market
  3. To analyse the trade relations of Belgium with the student's country
  4. To know the free trade agreements of Belgium as a member of the European Union (EU)
  5. To develop a business plan for the Belgian Market
Subject “Foreign Trade and Business in Belgium” is studied...
  1. Doctorate: Europe
  2. Professional Master's Programs (e-learning): European Union, International Business

Recommendations for Belgian Students

Course learning materials in English + Spanish Bélgica French Belgique Portuguese EU.

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

Subject Description: Doing Business in Belgium

The Kingdom of Belgium (Europe)

  1. Capital: Brussels
  2. Official Languages: French, Dutch and German
  3. Area: 30,528 square kilometres
  4. Population: 11.2 millions of people
  5. Type of Government: Federal parliamentary monarchy
  6. Borders of Belgium: Germany, France‎, Luxembourg and the Netherlands
  7. Religion in Belgium: Catholicism (Christianity).
  8. Belgium belongs to the Western Christian Civilisation (European Economic Area)
  9. Belgium became independent of the Netherlands in 1830
  10. The Democratic Republic of the Congo became independent of Belgium in 1960
  11. The Republic of Burundi and Rwanda became independent of Belgium in 1962

Economy of Belgium.

  1. The headquarters of the European Union is in Brussels, one of the largest lobbies in the world
  2. GDP (nominal): 338,000 millions of euros
  3. GDP per capita: 42,793 dollars
  4. Economic recession in 2009
  5. Belgium lacks natural resources
  6. Currency: Euro (1999)
  7. Belgium joined the European Union in 1958
  8. The industry is mainly located in Flanders (northern Belgium)
  9. The company "Unitel International Holdings BV" of the Angolan businesswoman Isabel dos Santos is in Brussels.

Belgian Foreign Trade

  1. 75% of Belgian foreign trade is made with European Union countries
  2. Main suppliers of Belgium: Germany, the Netherlands and France (and also main destinations of its exports)
  3. Main export products: diamonds, machinery, chemical products, food products.
  4. As a member of the European Union, Belgium is the beneficiary of the Free trade agreements of the EU with Chile, South Africa, South Korea, India, Mexico, the MERCOSUR, etc.
  5. The Port of Antwerp is the second largest in Europe

International economic relations of Belgium

  1. International Chamber of Commerce
  2. World Bank
  3. World Trade Organisation
  4. European Union
  5. Organisation for Economic Cooperation and Development (OECD)
  6. International Monetary Fund (IMF)
  7. Economic Commission for Europe (UNECE)
  8. Asia-Europe Economic Meeting (ASEM)
  9. United Nations
  10. Group of States of the Council of Europe Convention against Corruption (GRECO)
  11. European Bank for Reconstruction and Development
  12. European Investment Bank (EIB)
  13. Organisation for Security and Cooperation in Europe (OSCE)
  14. Inter-American Development Bank

Examples of the subject - Foreign Trade and Business in Belgium:
ASEM Asia-Europe Economic Meeting

Organisation for Security and Cooperation in Europe (OSCE)

European Union-Mexico Free Trade Agreement

Isabel dos Santos (Richest African Woman)



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