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Doing Business in Eritrea

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Syllabus of the Subject: Foreign Trade and Business in the State of Eritrea. Asmara.

  1. Introduction to the State of Eritrea (East Africa);
  2. Doing Business in Asmara;
  3. Eritrean Economy;
  4. International Trade of Eritrea;
  5. Transport and logistics in Eritrea;
  6. Access to the Eritrean Market;
  7. 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

Trade and Business in East Africa. Online Education (Courses, Masters, Doctorate)

Students, Doctorate, Master in International Business, Foreign Trade

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

Doctorate (DIB): African Business, World Trade.

Professional Doctorate in International Business (DIB). Online Education

Masters (MIB): Business in Africa, Transport in Africa, International Business, Foreign Trade, International Transport.

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

Learning materials in Courses, Masters, Doctorate in International Business and Foreign Trade in English or Study, Course Master 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 “Foreign Trade and Business in Eritrea”: 1 ECTS Credits

We Trust in Africa (Affordable Higher Education for Africans) Kenya, Nigeria, Sudan, Ghana, Tanzania, Cameroon, Egypt...

Eritrea, Masters, Doctorate, Courses, International Business, Foreign Trade Doctorate and Master in International Business adapted to the Eritrean Students.

International Trade and Business in Eritrea.

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

African Economic Integration. Online Education (Courses, Masters, Doctorate)

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

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 Free Trade Agreement (FTA);
  5. African Continental Free-Trade Area (AfCFTA);
  6. Community of Sahel-Saharan States (CEN-SAD);
  7. Eritrea-United States
    1. African Growth and Opportunity Act (AGOA);
    2. Eritrea and the COMESA-United States Trade and Investment Agreement.
  8. Eritrea-European Union
    1. Generalized System of Preferences (GSP);
    2. Africa-European Union Strategic Partnership (Cotonou Agreement).
  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. 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. 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);
  6. Convention Relating to Temporary Admission (Istanbul Convention);
  7. Customs Convention on Containers (CCC, UN) - not a member.

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

African Instituions (AU, AFDB, AUDA-NEPAD, UNECA) Online Education (Courses, Masters, Doctorate)

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

  1. Economic Commission for Africa (ECA);
  2. African Union (AU)
    1. African Union Convention on Preventing and Combating Corruption (not signed);
    2. African Union Development Agency (AUDA-NEPAD).
  3. African Development Bank (AfDB);
  4. Africa-India Framework for Cooperation;
  5. Africa-BRICS (Brazil, Russia, India, China, South Africa);
  6. Africa-Turkey Partnership;
  7. Afro-Arab Cooperation;
  8. Arab Bank for Economic Development in Africa (BADEA);
  9. Africa-Asia Strategic Partnership (NAASP);
  10. Africa-Korea Partnership;
  11. Africa-Japan Cooperation (TICAD);
  12. Africa-South America Summit (ASA);
  13. Forum on China-Africa Cooperation.

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

Global Organizations:

  1. United Nations (UN)
    1. Conference on Trade and Development (UNCTAD);
    2. International Trade Centre (INTRACEN);
    3. World Intellectual Property Organization (WIPO).
  2. World Bank (WB);
  3. World Trade Organization (WTO);
  4. International Monetary Fund (IMF);
  5. Arab League (LAS) - Observer State.

Common Market for Eastern and Southern Africa (COMESA) Rwanda, the Seychelles, Sudan, Eswatini (Swaziland), Uganda, Zambia...

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 square kilometers;
  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 (African Civilization).

Online Education (Courses, Masters, Doctorate): Orthodox Christianity, Ethics and Global Business

Islam and Global Business. Islamic Economic Areas. Online Education (Courses, Masters, Doctorate)

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.

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

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

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