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Doing Business in Grenada

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Syllabus of the Subject: Foreign Trade and Business in Grenada - St. George's. Grenadian Economy.

  1. Introduction to Grenada (the Island of Spice);
  2. Business in St. George's;
  3. Grenadian Economy;
  4. Grenadian Foreign Trade;
  5. Business Opportunities in Grenada;
  6. Access to the Grenadian market;
  7. Business Plan for Grenada.

The objectives of the subject «Doing Business in Grenada» are the following:

  1. To analyze the economy and Grenadian Foreign Trade;
  2. To explore the Business Opportunities in Grenada;
  3. To analyze the trade relations of Grenada with the country of the student;
  4. To know the Free Trade Agreements of Grenada;
  5. To develop a business plan for the Grenadian market.

Foreign Trade and Business in Grenada:
Caribbean Basin Economic Recovery Act. U.S Trade Partnership

Online Education (Courses, Masters, Doctorate): Trade and Business in the Caribbean (CARICOM) and Cuba

E-learning Courses, Diplomas (Global Business, Foreign Trade)

The Subject «Foreign Trade and Business in Grenada» belongs to the following Online Higher Educational Programs taught by EENI Global Business School:

Masters (MIB): International Business, Foreign Trade.

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

Doctorate (DIB): American Business, World Trade.

Professional Doctorate in International Business (DIB). Online Education

Learning materials in: Courses, Masters, Doctorate in International Business and Foreign Trade in English (Study Master Doctorate in International Business in Spanish Granada Study, Course Master Doctorate in International Business in French Granada Masters Foreign Trade in Portuguese Grenada).

Masters and Doctorate in International Business adapted for the Caribbean students.

Foreign Trade and Business in Grenada:

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

Preferential Access and Free Trade Agreements of Grenada:

  1. Grenada and the Caribbean Economic Area;
  2. Association of Caribbean States (ACS);
  3. Caribbean Community (CARICOM)
    1. CARIFORUM-European Union (EU) Economic Partnership Agreement;
    2. Colombia-CARICOM Agreement (Grenada);
    3. CARICOM-Dominican Republic Free Trade Agreement (FTA);
    4. Costa Rica-Caribbean Community Agreement (Grenada).
  4. Caribbean Basin Initiative
    1. United States-Caribbean Basin Trade Partnership Act (CBTPA).
  5. Latin American and Caribbean Economic System (SELA);
  6. Caribbean-Canada Trade Agreement (CARIBCAN);
  7. United Kingdom-CARIFORUM Free Trade and Economic Integration Agreement.

Caribbean Community CARICOM (Single Market and Economy). Bahamas, Barbados, Belize, Dominica...

Trade Facilitation Programs. TFA Agreement. Online Education (Courses, Masters, Doctorate)

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

American Trade and Economic Organizations. Grenada is a member of...

  1. Community of Latin American and Caribbean States (CELAC)
    1. European Union-CELAC Summit.
  2. Organization of American States (OAS);
  3. Economic Commission for Latin America and the Caribbean (ECLAC);
  4. Inter-American Development Bank (IDB).

Global Organizations:

  1. Commonwealth;
  2. United Nations (UN)
    1. Conference on Trade and Development (UNCTAD);
    2. International Trade Centre (INTRACEN);
    3. World Intellectual Property Organization (WIPO).
  3. World Bank (WB);
  4. World Trade Organization (WTO);
  5. International Monetary Fund (IMF);
  6. ...

Caribbean Development Bank (Antigua, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Suriname...)

  1. Grenadian Capital: St. George's;
  2. Largest cities: St. George's, Grenville and Gouyave;
  3. Parishes: Saint Patrick, Saint Andrew, Saint David, St. George's, Saint John and Saint Mark;
  4. Smaller Grenadians: Carriacou, Petite Martinique, Ronde Island, Caille Island, Diamond Island, Large Island, Saline Island, and Frigate Island;
  5. Carriacou Islands (Hillsborough) and Petite Martinique belong to Grenada;
  6. Grenada does not share land borders with any country;
  7. Nearest countries to Grenada by sea: Saint Vincent and the Grenadines, Trinidad and Tobago and Venezuela;
  8. Area of Grenada: 344 square kilometers;
  9. Population of Grenada: 110,000 inhabitants;
    1. Grenadian Population density: 260 inhabitants / square kilometers;
    2. 80% of the population has an African origin (African Diaspora).
  10. Official language of Grenada: English (Grenadian Creole)
    1. French Creole is also used.
  11. Abolition of Slavery in Grenada: 1834;
  12. Climate of Grenada: tropical;
  13. 1498: discovery by the Spanish (Conception);
  14. 1650-1762: French colonization;
  15. 1762: British colonization;
  16. 1983: Invasion by the United States;
  17. Type of government: Constitutional monarchy (Queen Elizabeth II, Commonwealth);
  18. Grenada became independent from the United Kingdom in 1967.

Main religion in Grenada: Christianity - Catholicism (53% of the Grenadian population).

Grenada belongs to the Caribbean Economic Area of the Western Civilization.

Foreign Trade and Business in Grenada, Course Master Caribbean

Online Education (Courses, Masters, Doctorate): Christianity and Global Business (Catholicism, Protestantism)

Grenadian Economy.

  1. 1980: socialist system;
  2. An open, small and tourism-based economy (main currency generator);
  3. Serious external debt problems;
  4. GDP Grenadian (PPP): 1,701 million dollars;
  5. GDP per capita of Grenada (PPP): 15,352 Dollars;
  6. The main crops of Grenada (the island of spices) are: nutmeg, mace, cloves, ginger, cinnamon, cocoa, citrus, bananas;
  7. Grenada is the world's second largest nutmeg producer after Indonesia;
  8. Small production of beverages, food and textiles;
  9. Grenadian Currency: East Caribbean dollar (XCD);
  10. Country code top-level domain of Grenada: .gd.

Costa Rica-CARICOM (Antigua, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Suriname...) Free Trade Agreement

Foreign Trade (Importing, Exporting) Online Education (Courses, Masters, Doctorate)

Grenadian Foreign Trade

  1. Main exports of Grenada: nutmeg, electronic component assembly, bananas, cocoa, fruits and vegetables, clothing;
  2. Main export markets of Grenada: Nigeria, Saint Lucia, Antigua and Barbuda, Saint Kitts and Nevis, Dominica, the United States;
  3. Main imports of Grenada: food, manufactured products, machinery, chemicals, and fuels;
  4. Largest providers of Grenada: Trinidad and Tobago, the United States, Israel, the European Union;
  5. Main port: St. George's;
  6. Maurice Bishop International Airport.

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