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Doing Business in Dominica

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Syllabus of the Subject: Foreign Trade and Business in Dominica - Roseau. Dominican Economy.

  1. Introduction to Dominica;
  2. Business in Roseau;
  3. Dominican Economy;
  4. Dominican Foreign Trade;
  5. Business Opportunities in Dominica;
  6. Access to the Dominican Market;
  7. Business Plan for Dominica.

The objectives of the subject «Doing Business in Dominica» are the following:

  1. To analyze the Dominican Economy and International Trade;
  2. To explore the Business Opportunities in Dominica;
  3. To analyze the trade relations of Dominica with the country of the student;
  4. To know the Free Trade Agreements of Dominica;
  5. To develop a business plan for the Dominican Market.

Foreign Trade and Business in Dominica:
Caribbean Basin Economic Recovery Act. U.S Trade Partnership

Online Education (Courses, Masters, Doctorate): Trade and Business in the Caribbean (CARICOM) and Cuba

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

The Subject «Foreign Trade and Business in Dominica» belongs to the following Online Higher Educational Programs taught by EENI Global Business School:

Masters (MIB): International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB) - Online Education

Doctorate (DIB): American Business, World Trade.

Professional Doctorate in International Business (DIB). Online Education

Learning materials in: Courses, Masters, Doctorate in International Business and Foreign Trade in English (Study Master Doctorate in International Business in Spanish Dominica Study, Course Master Doctorate in International Business in French Dominique Masters Foreign Trade in Portuguese Dominica).

Masters and Doctorate in International Business adapted for the Caribbean students.

Foreign Trade and Business in Dominica

Market Access - Free Trade Agreements (FTA). Online Education (Courses, Masters, Doctorate)

Preferential Access and Free Trade Agreements of Dominica:

  1. Dominica and the Caribbean Economic Area;
  2. Caribbean Community (CARICOM)
    1. CARICOM-Dominican Republic Free Trade Agreement (FTA);
    2. Costa Rica-Caribbean Community Agreement (Dominica);
    3. CARIFORUM-European Union (EU) Economic Partnership Agreement;
    4. Colombia-CARICOM Agreement (Dominica).
  3. Caribbean Basin Initiative
    1. United States-Caribbean Basin Trade Partnership Act (CBTPA).
  4. Caribbean-Canada Trade Agreement (CARIBCAN);
  5. United Kingdom-CARIFORUM Free Trade and Economic Integration Agreement;
  6. Association of Caribbean States (ACS);
  7. Bolivarian Alliance for the Peoples of Our America (ALBA);
  8. Energy supply agreement PetroCaribbean (Venezuela);
  9. Organization of Eastern Caribbean States (OECS).

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

Trade Facilitation Programs. TFA Agreement. Online Education (Courses, Masters, Doctorate)

  1. World Trade Organization (WTO)
    1. WTO General Agreement on Trade in Services (GATS);
    2. WTO Agreement on the Application of Sanitary and Phytosanitary Measures (SPS);
    3. WTO Agreement on Technical Barriers to Trade (TBT);
    4. WTO Agreement on Preshipment Inspection (PSI);
    5. WTO Agreement on Safeguards (SG);
    6. WTO Trade Facilitation Agreement (TFA).
  2. Is not a member of the World Customs Organization (WCO)
    1. Revised Kyoto Convention (RKC).
  3. International Bureau of Containers and Intermodal Transport (BIC);
  4. International Civil Aviation Organization (ICAO, Chicago Convention);
  5. International Maritime Organization (IMO).

Online Education (Courses, Masters, Doctorate): Globalization and International Organizations

American Trade and Economic Organizations. Dominica is a member of...

  1. Organization of American States (OAS);
  2. Economic Commission for Latin America and the Caribbean (ECLAC);
  3. Community of Latin American and Caribbean States (CELAC)
    1. European Union-CELAC Summit.

Global Organizations:

  1. Commonwealth;
  2. International Organization of the Francophonie;
  3. World Bank (WB);
  4. World Trade Organization (WTO);
  5. International Monetary Fund (IMF);
  6. United Nations (UN)
    1. Conference on Trade and Development (UNCTAD);
    2. International Trade Centre (INTRACEN);
    3. World Intellectual Property Organization (WIPO).

Bolivarian Alliance for the Peoples of Our America (ALBA) Venezuela, Cuba, Nicaragua, Dominica, Honduras, Saint Kitts and Nevis, Saint Vincent and the Grenadines, and Antigua and Barbuda

Commonwealth of Dominica.

  1. Dominica is a French Overseas Territory (PTOUM);
  2. Dominican Capital: Roseau;
  3. Largest cities: Roseau, Canefield and Portsmouth;
  4. Dominican Parishes: Saint Andrew, Saint David, Saint George, Saint John, Saint Joseph, Saint Luke, Saint Mark, Saint Patrick, Saint Paul and Saint Peter;
  5. Dominica does not share land borders with any country;
  6. Nearest countries to Dominica by sea: Guadalupe and Martinique;
  7. Area of Dominica: 751 square kilometers;
  8. Population of Dominica: 74,000 inhabitants;
    1. Dominican Population density: 105 inhabitants / square kilometers;
    2. The majority of the population has an African origin (African Diaspora).
  9. The majority of the population is of African origin (African Diaspora);
  10. Official language of Dominica: English
    1. French Creole is widely used.
  11. Abolition of Slavery in Dominica: 1834;
  12. Climate of Dominica: tropical;
  13. 1493: discovery by the Spanish (Dominica derives from Sunday, the day that Christopher Columbus discover the Island);
  14. XVII century: French colonization. Foundation of Rouseau;
  15. 1805: British colonization;
  16. Type of government: Parliamentary Republic;
  17. Dominica became independent from the United Kingdom in 1967;
  18. Boiling Lake has the second most important hot springs in the world;
  19. Territorial tensions with Venezuela over the maritime area that surrounds the Aves Island.

Main religion in Dominica: Christianity (Catholicism).

Dominica belongs to the Caribbean Economic Area of the Western Civilization.

Foreign Trade and Business in Dominica, Course Master Caribbean

Online Education (Courses, Masters, Doctorate): Christianity and Global Business (Catholicism, Protestantism)

Dominican Economy.

  1. Dominican GDP (PPP): 688 million dollars;
  2. GDP per capita of Dominica (PPP): 9,726 Dollars;
  3. The main economic activities of Dominica are: financial services (off-shore), tourism and agriculture;
  4. Significant banana industry;
  5. Other important crops are: citrus, mangoes, tubers, coconuts, cocoa;
  6. Dominica has positioned itself as an important regional off-shore centre: banking, companies, financing..;
  7. Bank confidentiality secret;
  8. Main industries: soap, coconut oil transformation, furniture, cement blocks and footwear;
  9. Currency Dominican: East Caribbean dollar (XCD);
  10. Country code top-level domain of Dominica: .dm;
  11. Douglas-Charles Airport (45-minute drive to Portsmouth, 1 hour from Roseau);
  12. Canefield Airport (DCF).

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

Foreign Trade (Importing, Exporting) Online Education (Courses, Masters, Doctorate)

Dominican Foreign Trade

  1. Main exports of Dominica son bananas, soap, vegetables, tamarind, vegetables, grapefruit and oranges;
  2. Main export markets of Dominica: the United States, the United Kingdom, France, Brazil, Japan, Jamaica, Antigua and Barbuda, Guyana, Paraguay, Trinidad and Tobago;
  3. Main imports of Dominica: food, machinery, chemicals, fertilizers, minerals, transportation equipment and fuels;
  4. Largest providers of Dominica: Brazil, United States, Trinidad and Tobago, Netherlands, Venezuela, Finland, United Kingdom, France, China, Japan.

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

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