Business in Belgium, Brussels

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Syllabus of the Subject - Doing Business in Belgium. Brussels

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

1. North Sea-Mediterranean Transport Corridor (Ireland, United Kingdom, Netherlands, Belgium, Luxembourg, France)
2. North Sea-Baltic Transport Corridor (Finland, Estonia, Latvia, Lithuania, Poland, Germany, Netherlands, Belgium)
3. Access to the Atlantic Transport Corridor (Portugal-Spain-France-Germany)

Preferential Access and Free Trade Agreements of Belgium

1. Belgium and the European Economic Area
2. European Union
3. As a member of the European Union, Belgium is a beneficiary of the EU Free trade agreements with Chile, South Africa, South Korea, India, Mexico, MERCOSUR, Egypt, Jordan, Lebanon, Ukraine, Moldova, Georgia etc

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

1. To analyse the Belgian Economy and Foreign Trade
2. To know the business opportunities in the Belgian Market
3. To analyse the Belgian trade relations with the country of the student
4. To know the Belgian free trade agreements as a member of the European Union (EU)
5. To develop a business plan for the Belgian Market

Examples of the Subject - Foreign Trade and Business in Belgium:

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Description of the Subject: Doing Business in Belgium

The Kingdom of Belgium (Europe)

1. Capital of Belgium: Brussels
2. Belgian Official Languages: French, Dutch and German
3. Area of Belgium: 30,528 square kilometres
4. Belgian Population: 11.2 million people
5. Type of Government: Federal parliamentary monarchy
6. Borders of Belgium: Germany, France‎, Luxembourg and the Netherlands
7. Belgium became independent of the Netherlands (Spain in the past) in 1830
8. The Democratic Republic of the Congo became independent from Belgium in 1960
9. The Republic of Burundi and Rwanda became independent from Belgium in 1962

Religion: Catholicism (Christianity)

Belgium belongs to the Western Civilisation (European Economic Area)

Economy of Belgium.

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

Belgian Foreign Trade

1. 75% of the Belgian foreign trade is made with the countries of the European Union
2. The main suppliers of Belgium are Germany, the Netherlands and France (and also the main export destination)
3. The main export products are diamonds, machinery, chemical products, food products
4. The Port of Antwerp is the second largest in Europe
5. Headquarters of the International Road Transport Union (IRU) and the International Union for Road-Rail Combined Transport (UIRR): Brussels

International Economic Relations of Belgium

1. International Chamber of Commerce
2. United Nations (UN)
3. World Bank (WB)
4. World Trade Organisation (WTO)
5. International Monetary Fund (IMF)
6. European Union
7. Organisation for Economic Cooperation and Development (OECD)
8. Economic Commission for Europe (UNECE)
9. Asia-Europe Economic Meeting (ASEM)
10. Group of States of the European Council 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
15. Asian Development Bank (ADB)

(c) EENI Global Business School
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