Doing Business in Eritrea

Syllabus of the Subject: Doing Business in the State of Eritrea. Asmara.
- Introduction to the State of Eritrea (East Africa)
- Doing Business in Asmara
- Eritrean Economy
- International Trade of Eritrea
- Introduction to Arabic
- Access to the Eritrean Market
- Business Plan for Eritrea
The objectives of the subject “Foreign Trade and Doing Business in the State of Eritrea” are the following:
- To analyse the Eritrean economy and foreign trade
- To evaluate the business opportunities in Eritrea
- To explore Eritrea's trade relations with the country of the student
- To know Eritrea's Free Trade Agreements
Sample of the subject - Doing Business in Eritrea:

Hispano-African University of International Business


Description of the Subject (Online Learning): Foreign Trade and Business in Eritrea.
Eritrea: an economy based on subsistence agriculture. Exporter of textiles and clothing.
- Asmara is the capital of the State of Eritrea (579,000 people)
- Tigrinya and Arabic are official languages
- The Borders of Eritrea are Sudan, Ethiopia, and Djibouti
- Eritrean Population: 4.6 million people
- Area: 121,320 square kilometres
- The state of Eritrea became independent from Ethiopia in 1993
- Government: Republic-party
- Currency of Eritrea: Nakfa (ERN)
Religions in Eritrea:
- African Traditional Religions
- Christians (63%, mainly Orthodox)
- Islam (37%, Sunni Muslim)
Eritrea belongs to the East African Economic Area (African Civilisation).
Eritrean Economy:
- The economy of the State of Eritrea (Africa) is mostly based on subsistence agriculture (80% of the Eritrean population is implicated in farming and herding)
- Textiles and clothing, processed meat, beer, shoes, and ceramics are the largest industrial products of the Eritrean Economy
- Main Eritrean mineral resources are granite, marble, silver, copper, gold, and zinc

Eritrea has preferential access to:
- Community of Sahel-Saharan States (CEN-SAD)
- Common Market for Eastern and Southern Africa (COMESA)
- COMESA-EAC-SADC Free Trade Agreement (FTA)
- Eritrea COMESA-United States Trade and Investment Agreement
- Intergovernmental Authority on Development (IGAD)
- Generalised System of Preferences (GSP)
- Africa-European Union Strategic Partnership (Cotonou)
- African Growth and Opportunity Act (AGOA)

The State of Eritrea is a member of:
- African Development Bank
- Economic Commission for Africa (ECA)
- African Union (AU)
❮ Samples - Business in Eritrea ❯



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