Doing Business in the Comoros

Syllabus of the Subject: Doing Business in the Comoros - Moroni.
- Introduction to the Union of the Comoros (East Africa)
- Doing Business in Moroni
- Comorian Economy
- International Trade of the Comoros
- Business and Investment Opportunities in the Comoros
- Tourism Sector
- Agriculture and food industries
- Fishing Sector
- Transport and Infrastructure
- Comorian Investment Promotion Agency
- Introduction to French and Arabic
- Access to the Comorian Market
- Business Plan for the Comoros
The objectives of the subject “Foreign Trade and Doing Business in the Union of the Comoros” are the following:
- To analyse the Comorian economy and foreign trade
- To evaluate the business opportunities in the Comoros
- To explore Comoros' trade relations with the country of the student
- To know Comoros' Free Trade Agreements
- To develop a business plan for the Comorian Market
Sample of the subject - Doing Business in the Comoros:

Opening of the Hispano-African University of International Business


Description of the Subject (Doing Business in the Comoros).
Vanilla: 75% of the Comorian exports.
50% of the Comorians live below the international poverty line of USD 1.25 a day.
The Union of the Comoros:
- Moroni is the capital of the Comoros (47,000)
- Comorian population: 889,000 people
- Area: 2,236 square kilometres
- Comorian official languages: Arabic, French, and the Comorian (Influences of Swahili)
- The nearest countries of the Union of the Comoros are Mozambique, Tanzania, Madagascar, and Seychelles
- A crime-free nation
Main religion of the Comoros: Islam
The Comoros belongs to the East African Economic Area (African Civilisation).
The Comorian Economy:
- The economy of the Union of the Comoros relies mainly on the agricultural sector and has a narrow
export base with three export commodities:
vanilla, cloves, and ylang-ylang
- Vanilla and cloves account for 75% of the exports of the Union of the Comoros
- The agriculture contributes 40% to the gross domestic product, employs 80% of the labour force, and provides
the largest exports revenues
- The Union of the Comoros has an inadequate transport system, a young and quickly increasing population, and few natural resources
- Industrial zone in the Port of Moroni
- Comorian GDP growth: 3.6%
- Top economic sectors: agriculture (50% of GDP), retail, tourism, construction
- Telecommunications is a state monopoly
- Top trading partners: Turkey, Singapore, India,
European Union, and the Emirates
- 100% tariff reduction on imports from the members of the Common Market for Eastern and Southern Africa (COMESA)

The Nearest Ports:
- Port of Mombasa (Kenya)
- Port of Toamasina (Madagascar)
- Port of Dar Es Salaam (Tanzania)
- Port of Nacala (Mozambique)

Comoros' Preferential Trade Agreements:
- Common Market for Eastern and Southern Africa (COMESA)
- COMESA-EAC-SADC Free Trade Agreement (FTA)
- AGOA United States-Africa
- Indian Ocean Commission (IOC)
- EU: Africa-European Union Strategic Partnership - Generalised System of Preferences (GSP)
- COMESA-United States Trade and Investment Framework Agreement
- Community of Sahel-Saharan States (CEN-SAD)
- Indian-Ocean Rim Association (IORA)

The Union of the Comoros is a member of:
- Organisation for the Harmonisation of Business Law in Africa (OHADA)
- African Union (AU) - Convention on Preventing and Combating Corruption
- Organisation of Islamic Cooperation (OIC)
- Trade Preferential System among the Member States of the Organisation of Islamic Cooperation (TPS-OIC)
- Standing Committee for Economic and Commercial Cooperation of the Organisation of Islamic Cooperation (COMCEC)
- Islamic Chamber of Commerce and Industry
- Islamic Centre for the Development of Trade
- Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC)
- Arab League
- Afro-Arab Cooperation
- Arab Bank for Economic Development in Africa (BADEA)
- African Development Bank
- Asia-Middle East Dialogue
- Summit of the South American-Arab
Countries
- Arab Development Funds
- Economic Commission for Africa (ECA)
- New Partnership for Africa's Development (NEPAD)
- Islamic Development Bank
- Africa (The Comoros) - BRICS
- Africa (The Comoros) - Asia Strategic Partnership
- Francophonie
- United Nations (UN), World Bank (WB), International Monetary Fund (IMF), Africa-China Forum, Africa-India Forum,
❮ Samples - Business in the Comoros ❯





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