EENI Global Business School
Business in Macedonia, Skopje

Syllabus of the Subject - Foreign Trade and Business in Macedonia. Skopje

  1. Introduction to the Republic of Macedonia (Southeast Europe, Balkans)
  2. Macedonian Economy
  3. Doing Business in Skopje
  4. Macedonian Foreign Trade (Import, Export)
    1. Access to the Pan-European Corridor IX
  5. Foreign Direct Investment in Macedonia
  6. Access to the Macedonian Market
  7. Business Plan for Macedonia

The objectives of the Subject “Doing Business in Macedonia” are the following:

  1. To analyse the Macedonian Economy and Foreign Trade (Import, Export, FDI)
  2. To know the business opportunities in the Macedonian Market
  3. To analyse the trade relations of Macedonia with the country of the student
  4. To know the Macedonian Free Trade Agreements
  5. To develop a business plan for the Macedonian Market
The Subject “Foreign Trade and Business in Macedoniabelongs to the following Online Higher Education Programs taught by EENI Global Business School:
  1. Doctorates: European Business, World Trade
  2. Masters: Business in Europe, International Business, Foreign Trade
  3. Course: Business in the CEFTA Countries

Macedonia, Master, International Business, Foreign Trade Version of the Doctorate / Master adapted to the Macedonian Students

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

Learning materials in Courses, Masters, Doctorates in International Business in English + Study Master Doctorate Business in Spanish Macedonia Study, Master in International Business in French Macedoine Masters Foreign Trade in Portuguese Macedónia.

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

European Free Trade Association (EFTA)-Macedonia Free Trade Agreement (FTA)





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Description of the Subject: Foreign Trade and Business in Macedonia

Macedonian Preferential Access and Free Trade Agreements

  1. Macedonia and the Orthodox Economic Area
  2. Central European Free Trade Agreement (CEFTA)
  3. Macedonia-European Union Stabilisation and Accession Agreement (European Union-Western Balkans)
  4. European Union Enlargement
  5. Macedonia-EFTA States Free Trade Agreement
  6. Macedonia-Ukraine Free Trade Agreement
  7. Macedonia-Turkey Free Trade Agreement
  8. Central European Initiative (CEI)
  9. Regional Cooperation Council (RCC)

International Trade Facilitation Programs

  1. World Trade Organisation (WTO)
    1. Agreement on the Application of Sanitary and Phytosanitary Measures (SPS)
    2. Agreement on Technical Barriers to Trade (TBT Agreement)
    3. Agreement on Preshipment Inspection
    4. Agreement on Safeguards (SG)
    5. WTO Trade Facilitation Agreement (TFA)
  2. International Maritime Organisation (IMO)
    1. Convention Relating to Temporary Admission (Istanbul Convention)
    2. Customs Convention on Containers (CCC) - not a member
  3. COTIF Convention
  4. International Convention on the Harmonization of Frontier Controls of Goods
  5. International Chamber of Commerce (ICC)
  6. Is not a member of the World Customs Organisation (WCO)
    1. Revised Kyoto Convention

Trans-European Transport Network Corridors (Poland, Slovakia, Austria, Italy)

European Trade and Economic Organisations

  1. Economic Commission for Europe (UNECE)
  2. Organisation for Security and Cooperation in Europe (OSCE)

Global Organisations

  1. United Nations (UN)
  2. World Bank (WB)
  3. World Trade Organisation (WTO)
  4. International Monetary Fund (IMF)

The Republic of Macedonia

  1. Macedonian Capital: Skopje
  2. Official Language of Macedonia: Macedonian
  3. Macedonian Area: 25,713 square kilometres
  4. Macedonian Population: 2.1 million people
  5. Type of Government: Parliamentary Republic
  6. Macedonia is a landlocked country
  7. Borders of Macedonia: Albania, Bulgaria, Greece, Kosovo and Serbia
  8. Independence of Macedonia: 1992 (Yugoslavia)

Religion in Macedonia: Orthodoxy (Christianity).

  1. Islam: 25%

Macedonia belongs to the Orthodox Economic Area

Macedonian Economy.

  1. The Republic of Macedonia has experienced one of the highest economic growth rates in Europe with an average of 4% (even during the political crisis) making it comparable to countries like Romania or Poland
  2. Greece is one of the main investors in Macedonia
  3. Macedonian GDP (nominal): 10,198 million dollars
    1. Agriculture: 10%
    2. Industry: 25%
    3. Services: 65%
  4. GDP per capita of Macedonia: 4,461 dollars
  5. Currency of Macedonia: Macedonian Denar
  6. Macedonia is an official candidate country for access to the European Union
  7. Macedonia has demonstrated in the recent years a very strong commitment to the economic reforms, the principles of free trade and regional integration
  8. Macedonia has the best Index of Economic Freedom in the region
  9. Top Macedonian Industries: foods, beverages, textiles, chemical products, iron, steel, cement, energy, pharmaceutical products

Trade Relations European Union-Western Balkans: Albania, Bosnia and Herzegovina, the Former Yugoslav Republic of Macedonia, Montenegro, Serbia and Kosovo

Macedonian Foreign Trade.

  1. The main Macedonian Exports are foods, beverages, tobacco, textiles, manufactures, iron, steel, automotive parts, buses
  2. Top Macedonian exports destinations: Germany (33%), Kosovo, Bulgaria, Greece 4.5%
  3. The main Macedonian Imports are machinery and equipment, cars, chemical products, fuels, food products
  4. The main suppliers of Macedonia are Germany (16%), the United Kingdom, Greece, Serbia, Bulgaria, Turkey

Examples of the Subject - Foreign Trade and Business in Macedonia:
Central European Free Trade Agreement (CEFTA) Albania, Bosnia and Herzegovina, Macedonia, Moldova, Montenegro, Serbia, and Kosovo

European Union Enlargement: Macedonia, Albania, Bosnia and Herzegovina, Montenegro, Serbia, Kosovo and Turkey

Central European Initiative (CEI), Macedonia, Moldova, Montenegro...



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