Business in Finland, Helsinki. Welfare State

1. Introduction to the Republic of Finland (EU)
2. Finnish Economy: one of the highest welfare system in the world
3. Business in Helsinki
4. Finnish International Trade
5. Investment in Finland
6. Main Finnish Companies
7. Access to the Finnish Market
8. Business Plan for Finland

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

1. To analyze the Finnish Economy and Foreign Trade
2. To know the trade opportunities in the Finnish Market
3. To analyze the trade relations of Finland with the country of the student
4. To know the Finnish free trade agreements as a member of the EU
5. To develop a business plan for the Finnish Market

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

Doctorate: European Business, World Trade.

Masters: International Business, Foreign Trade.

Languages: + Finlandia Finlande Finlândia.

1. Credits of the Subject “Doing Business in Finland”: 1
2. Duration: one week

Transport Corridors related to Finland:

1. North Sea-Baltic Corridor (Finland, Belgium)
2. Pan-European Corridor IX (Finland-Greece)
3. Access to the:
   1. Trans-Siberian Railway (Russia, North Korea)
   2. Pan-European Corridor II

Global Trade and Business in Finland:

Finnish Preferential Access and Trade Agreements:

1. Finland and the European Economic Area
2. The EU
   1. As a member of the EU, Finland is a beneficiary of the EU Trade Agreements
   2. European Single Market
   3. The EU Services Directive
   4. European Digital Single Market
   5. Economic and Monetary Union
   6. European Customs Union
3. Council of the Baltic Sea States
4. Regional Cooperation Council
5. Finland is an observer country of the Association of Caribbean States (AEC)

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. COTIF Convention (Rail)
4. BIC
5. Chicago Convention (ICAO)
6. IMO
   1. Convention for Safe Containers
   2. Istanbul Convention
7. Customs Convention on Containers
8. IRU
   1. TIR Convention
   2. Guidelines on Safe Load Securing for Road Transport
9. CMR Convention (UN)
10. Hamburg Rules
11. Convention on the Harmonization of Frontier Controls of Goods
12. CIM, CIT Rail Rules
13. ICS
14. ICC

European Trade and Economic Organizations of Finland

1. The EU
   1. EIB
   2. Group of States of the European Council Convention against Corruption
   3. EBRD
2. UNECE
3. OSCE

1. OECD
2. UN
3. Inter-American Development Bank
4. WB
5. IMF
6. Asian Development Bank
7. African Development Bank
8. Asia-Europe Meeting
9. WTO

1. Finnish Capital: Helsinki
2. Official Language of Finland: Finnish and Swedish
3. Finnish Area: 338,145 km²
4. Finnish Population: 5.5 million people (the second country of the EU in relation to population density)
5. Type of Government: Parliamentary Republic
6. Borders of Finland: Norway, Sweden and Russia.
   1. Estonia by sea
7. Finland was part of Sweden until 1809

Main religion in Finland: Lutheran Protestantism (Christianity).

Finland belongs to the European Economic Area.

Economy of Finland.

1. The Republic of Finland has one of the highest welfare states in the world
2. Finland is a highly industrialized Economy
3. The main Finnish economic sectors are wood industry, engineering, telecommunications, metals and metal products, electronics, machinery and scientific instruments, shipbuilding, paper, foods, chemical products, textiles, clothing
4. Finland has virtually no mineral resources
5. Finland is one of the less corrupt countries in the world
6. GDP (nominal) of Finland: 185,485 million dollars;
   1. Agriculture: 2.8%
   2. Industry: 25.9%
   3. Services: 71.2%
7. GDP per capita of Finland: USD 40,601
8. Currency of Finland: Euro
9. Finland is a member of the EU since 1995
10. Microsoft Mobile acquired the Finnish company Nokia in 2014

Finnish Foreign Trade.

1. Main Finnish Exports are paper, machinery and electrical equipment
2. Top Finnish exports destinations are Germany, Sweden and the UK
3. Main Finnish imports: consumer goods and raw materials
4. Top Finnish suppliers: Germany, Sweden and Russia
5. As a member of the EU, Finland is beneficiary of the EU trade agreements with Korea, Colombia, Mexico, MERCOSUR, Egypt, Jordan, Lebanon, Ukraine, Moldova, Georgia etc

(c) EENI Global Business School (1995-2024)
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