Business in the Comoros, Moroni

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Syllabus of the Subject: Foreign Trade and Business in the Comoros - Moroni (Course, Master).

1. Introduction to the Union of the Comoros (East Africa)
2. Doing Business in Moroni
3. Comorian Economy
4. International Trade of the Comoros
5. Business and Investment Opportunities in the Comoros
   1. Tourism Sector
   2. Agriculture and food industries
   3. Fishing Sector
6. Transport and Infrastructure
7. Comorian Investment Promotion Agency
8. Access to the Comorian Market
9. Business Plan for the Comoros

The objectives of the Subject “Foreign Trade and Business in the Union of the Comoros” are the following:

1. To analyse the Comorian economy and foreign trade
2. To know the business opportunities in the Comoros
3. To explore the Comorian trade relations with the country of the student
4. To know the Comorian Trade Agreements
5. To develop a business plan for the Comorian Market

Example of the Online Subject - Doing Business in the Comoros:

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Description of the Subject: Doing Business in the Comoros.

The Union of the Comoros:

1. Moroni is the capital of the Comoros (47,000)
2. Comorian population: 889,000 people
   1. Bantu
3. Area of the Comoros: 2,236 square kilometres
4. Comorian official languages: Arabic, French, and Comorian (Swahili influences)
5. The nearest countries of the Union of the Comoros are Mozambique, Tanzania, Madagascar, and Seychelles
6. A crime-free nation
7. Independence of the Comoros from France in 1975

More information: The Comoros (EENI Global Business School African Portal).

Main religion in the Comoros: Islam

The Comoros belongs to the East African Economic Area (African Civilisation).

Comorian Economy:

Vanilla: 75% of the Comorian exports.
50% of Comorians live below the international poverty line (USD 1.25 a day).

1. 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
2. Vanilla and cloves account for 75% of the Comorian exports
3. The agriculture contributes 40% to the gross domestic product, employs 80% of the labour force, and provides the largest exports revenues
4. The Union of the Comoros has an inadequate transport system, a young and quickly increasing the population, and few natural resources
5. Industrial zone in the Port of Moroni
6. Comorian GDP growth: 3.6%
7. Top economic sectors: agriculture (50% of the Comorian GDP), retail, tourism, construction
8. Telecommunications is a state monopoly
9. Top trading partners of the Comoros: Turkey, Singapore, India, European Union, and the Emirates
10. 100% tariff reduction on imports from the members of the Common Market for Eastern and Southern Africa (COMESA)

Nearest Ports:

1. Port of Mombasa (Kenya)
2. Port of Toamasina (Madagascar)
3. Port of Dar Es Salaam (Tanzania)
4. Port of Nacala (Mozambique)

Comorian Preferential Trade Agreements:

1. Common Market for Eastern and Southern Africa (COMESA)
2. Southern African Development Community (SADC) (2017)
3. COMESA-EAC-SADC Free Trade Agreement (FTA)
4. Indian Ocean Commission (IOC)
5. European Union-Comoros:
   1. Africa-European Union Strategic Partnership
   2. Generalised System of Preferences (GSP)
6. United States-Comoros:
   1. AGOA United States-Africa
   2. COMESA-United States Trade and Investment Framework Agreement
7. Community of Sahel-Saharan States (CEN-SAD)
8. Indian-Ocean Rim Association (IORA)

The Union of the Comoros is a member of:

1. Organisation for the Harmonisation of Business Law in Africa (OHADA)
2. African Union (AU)
   1. Convention on Preventing and Combating Corruption
3. Organisation of Islamic Cooperation (OIC)
   1. Trade Preferential System among the Member States of the Organisation of Islamic Cooperation (TPS-OIC)
   2. Standing Committee for Economic and Commercial Cooperation of the Organisation of Islamic Cooperation (COMCEC)
   3. Islamic Chamber of Commerce and Industry
   4. Islamic Centre for Development of Trade
   5. Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC)
4. Arab League
5. Afro-Arab Cooperation
6. Arab Bank for Economic Development in Africa (BADEA)
7. African Development Bank
8. Asia-Middle East Dialogue
9. Summit of South American-Arab Countries
10. Arab Development Funds
11. Economic Commission for Africa (ECA)
12. New Partnership for Africa's Development (NEPAD)
13. Islamic Development Bank
14. Africa- BRICS
15. Africa- Asia Strategic Partnership
16. Forum on China-Africa Cooperation
17. Africa-India Economic Cooperation
18. Francophonie
19. United Nations (UN), World Bank (WB), International Monetary Fund (IMF)...

❮ Samples - Business in the Comoros ❯

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