Syllabus of the Subject: Foreign Trade and Business in Jamaica - Kingston.
Introduction to Jamaica (Caribbean)Marcus Garvey .
Doing Business in Kingston;
Jamaican Economy;
Foreign Trade of Jamaica;
Foreign Direct Investment in Jamaica;
Business Opportunities in Jamaica:Food and beverages (coffee, rum);
Maritime services and logistics;
Distribution;
Information and Communications Technology;
Manufacturing;
Tourism;
Business Process Outsourcing.
Case Study:
Coffee Industry Board of Jamaica;
Processed food sector.
Access to the Jamaican Market;
Business Plan for Jamaica.
Objectives
The aims of the subject “Foreign Trade and Business in Jamaica” are the following:
To analyze the Jamaican Economy and Global Trade;
To know the business opportunities in Jamaica;
To explore the Jamaican trade relations with the country of the student;
To know the Jamaican Trade Agreements;
To examine the profile of Jamaican businesspeople and companies;
To develop a business plan for the Jamaican Market.
Global Trade and Business in Jamaica
Related Education
Doctorate and Master in International Business for the Caribbean students (CARICOM) .
International Trade and Business in Jamaica.
Jamaica: The Caribbean logistics hub (Port of Kingston ).
Preferential Access
Trade Facilitation
Organizations
American Trade and Economic Organizations. Jamaica is a member of:
OAS;
ECLAC;
Inter-American Development Bank;
CELACEU-CELAC Summit.
The Commonwealth;
UN
UNCTAD;
ITC;
WIPO.
WB;
WTO;
IMF;
WCO.
Jamaica
Jamaica has a strategic location in the Caribbean;
Jamaican language: English;
Capital of Jamaica: Kingston (937,700);
Jamaican population: 2.7 million people;
Life expectancy at birth: seventy-four years;
Jamaican Area: 10,991 km²;
Independence of Jamaica: 1962 from the UK;
Abolition of Slavery in Jamaica: 1854;
African Diaspora in Jamaica:
2.6 million people (97% of the Jamaican population).
Main religion in Jamaica: Christianity (95% are Catholics ).
Jamaica belongs to the Caribbean Economic area of the Western Civilization.
Economy
Jamaican Economy .
A Market economy;
Jamaican GDP: 14.36 billion dollars;
Services: 80% of the Jamaican GDP;
Jamaican agriculture sector: 6.8% of the GDP;
Jamaica is the logistics hub of the Caribbean ;
Stable business environment;
Key sectors of the Jamaican Economy: information and communications technology, manufacturing, tourism, Business Process Outsourcing, distribution,
Maritime services, and Logistics ;
Government Vision 2030 National Development Plan;
Currency of Jamaica: Jamaican dollar.
Global Trade
Jamaican Foreign Trade .
Jamaican top exports: fine food (spices, rum, Blue Mountain Coffee ) and beverage;
FDI inflows (2004-14): 6,71 billion dollars;
Jamaican exports of goods: 1.4 billion dollars;
Export: 10.6% of the Jamaican GDP;
Port of Kingston : The largest container hub in the Caribbean;
Export companies in Jamaica should register in JAMPRO;
Jamaican agency responsible for attracting FDI: JAMPRO.
Colombia-Jamaica (CARICOM):
Samples
(c) EENI
(c) EENI Global Business School (1995-2023)
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