EENI Global Business School

Business in Eritrea

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Syllabus of the Subject

Foreign Trade and Business in the State of Eritrea: textiles, meat. Asmara

  1. Introduction to the State of Eritrea (East Africa)
  2. Business in Asmara
  3. Eritrean Economy
  4. International Trade of Eritrea
  5. Access to the Eritrean Market
  6. Business Plan for Eritrea

The objectives of the subject “International Trade and Business in the State of Eritrea” are the following:

  1. To analyze the Eritrean Economy and Global Trade
  2. To know the business opportunities in Eritrea
  3. To explore the Eritrean trade relations with the country of the student
  4. To know the Eritrean Free Trade Agreements

Global Trade and Business in Eritrea:
International Trade and Business in Eritrea

Students, Doctorate, Master in International Business, Foreign Trade

The Subject “Foreign Trade and Business in Eritrea” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate: African Business, World Trade.

Doctorate in International Business (DIB) Online

Masters: Business in Africa, Transport in Africa, International Business, Foreign Trade, International Transport.

Masters in International Business and Foreign Trade (MIB)

Languages: Masters, Doctorate, International Business, English or Study Doctorate in International Business in French Erythree Study Master Doctorate in International Business in Spanish Eritrea Masters Foreign Trade in Portuguese Eritreia.

Credits of the subject “Doing Business in Eritrea”: 1 ECTS Credits

Foreign Trade and Business in East Africa

Eritrea, Masters, International Business Trade Masters adapted to Eritrean Students.

International Trade and Business in Eritrea.

Eritrea: an economy based on a subsistence agriculture. Textiles and clothing exporter.

African Economic Integration

Market Access - Free Trade Agreements

Eritrean Trade Agreements and Preferential Access:

  1. Eritrea and the East African Economic Area
  2. Intergovernmental Authority on Development (IGAD)
  3. Common Market for Eastern and Southern Africa (COMESA)
  4. COMESA-EAC-SADC Agreement
  5. African Continental Free-Trade Area
  6. Community of Sahel-Saharan States (CEN-SAD)
  7. Eritrea-U.S.
    1. AGOA (U.S.)
    2. Eritrea and the COMESA-United States Agreement
  8. Eritrea-EU
    1. GSP
    2. Africa-EU Partnership
  9. Nile Basin Initiative (NBI) - observer country

Intergovernmental Authority on Development IGAD (Djibouti, Eritrea, Ethiopia, Kenya, Somalia, Sudan, South Sudan, and Uganda)

Trade Facilitation Programs. TFA Agreement

  1. WTO
    1. GATS
    2. Agreement on Sanitary Measures
    3. Agreement on Technical Barriers to Trade
    4. Agreement on Preshipment Inspection
    5. Agreement on Safeguards
    6. Trade Facilitation Agreement
  2. WCO
    1. Kyoto Convention
  3. BIC (Containers)
  4. Chicago Convention (ICAO)
  5. IMO
  6. Istanbul Convention
  7. Customs Convention on Containers - not a member

Foreign Trade Facilitation. TFA Agreement. Customs. Payments. Global Supply Chain

African Institutions (AU, AFDB, AUDA-NEPAD, UNECA)

African Trade and Economic Organizations. The State of Eritrea is a member of:

  1. Economic Commission for Africa
  2. African Union
    1. AU Convention on Preventing and Combating Corruption (not signed)
    2. AUDA-NEPAD
  3. African Development Bank
  4. Africa-India Cooperation
  5. Africa-BRICS
  6. Africa-Turkey Partnership
  7. Afro-Arab Cooperation
  8. BADEA
  9. Africa-Asia Partnership
  10. Forum on China-Africa Cooperation

Globalization and International Organizations

  1. UN
  2. WB
  3. WTO
  4. IMF
  5. Arab League - Observer State

Common Market for Eastern and Southern Africa (COMESA)

State of Eritrea

  1. Asmara is the capital of the State of Eritrea (579,000 people)
  2. Eritrea does not have an official language (“equality of all Eritrean languages”)
    1. Tigrinya (2.5 million) is the most spoken language
    2. Work and trade languages are Tigrinya, Arabic and English
  3. The Borders of Eritrea are Sudan, Ethiopia, and Djibouti
  4. Eritrean Population: 5 million people
  5. Eritrean Area: 121,320 km²
  6. The state of Eritrea became independent from Ethiopia in 1993
  7. Government of Eritrea: one-party presidential unitary republic
  8. Currency of Eritrea: Nakfa (ERN)

More information about Eritrea (EENI African Business Portal).

Religions in Eritrea:

  1. Christians (63%, mainly Orthodox)
  2. African Traditional Religions
  3. Islam (37%, Sunni Muslim)

Orthodox Christianity, Ethics and Global Business

Islam and Global Business. Islamic Economic Areas

Eritrea belongs to the East African Economic Area.

Custom Union - Common Market for Eastern and Southern Africa COMESA

  1. The economy of the State of Eritrea (Africa) is mostly based on a subsistence agriculture (80% of the Eritrean population is implicated in farming and herding)
  2. Textiles and clothing, processed meat, beer, shoes, and ceramics are the largest industrial products of Eritrea
  3. The main Eritrean mineral resources are granite, marble, silver, copper, gold, and zinc

Transport in Eritrea;

Community of Sahel-Saharan States (CEN-SAD), African Initiative of the Great Green Wall

We Trust in Africa (Affordable Higher Education for Africans)

COMESA-EAC-SADC Tripartite Agreement, Ethiopia, Kenya, Libya, Malawi...

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