Business in Eritrea, 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 trade opportunities in Eritrea
3. To explore the Eritrean trade relations with the country of the student
4. To know the Eritrean Free Trade Agreements

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

Doctorate in African Business, World Trade.

Master in Business in Africa, Transport in Africa, International Business, Foreign Trade, International Transport.

EENI Partnerships with Educational Institutions

Languages: or Erythree Eritrea Eritreia.

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

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

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

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

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

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)

Eritrea belongs to the East African Economic Area.

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

Global Trade and Business in Eritrea:

Transport in Eritrea

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