Doing Business in Mauritania

The objectives of the subject “International Trade and Business in the Islamic Republic of Mauritania” are the following:

1. To analyze the Mauritanian Economy and Global Trade;
2. To know the business opportunities in the Islamic Republic of Mauritania;
3. To explore the Mauritanian trade relations with the country of the student;
4. To know the Mauritanian Trade Agreements;
5. To examine the profile of Mauritanian Companies;
6. To develop a business plan for the Mauritanian Market.

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

Doctorate (DIB): Islamic Business, African Business, World Trade.

Course: Business in the Maghreb.

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

Learning materials in or Mauritanie Mauritania Mauritania.

Credits of the subject “Foreign Trade and Business in Mauritania”: 1

1. African Highways Networks;
   1. Cairo-Dakar Corridor;
   2. Dakar-Lagos Corridor.

Mauritanian Preferential Access and Free Trade Agreements:

1. Mauritania and the Maghrebian Economic Area;
2. Arab Maghreb Union (AMU);
3. Community of Sahel-Saharan States (CEN-SAD);
4. African Continental Free-Trade Area (AfCFTA);
5. United States: African Growth and Opportunity Act (AGOA);
6. Bilateral trade agreement with the Economic Community of West African States (ECOWAS)
   1. In 2000, Mauritania left the ECOWAS (Economic Community of West African States).
7. European Union:
   1. Africa-European Union Strategic Partnership;
   2. Generalized System of Preferences (GSP);
   3. Euro-Mediterranean Partnership.
8. Islamic Trade Preferential System (TPS-OIC);
9. Arab Bank for Economic Development in Africa (BADEA);
10. G5-Sahel;
11. Organization for the Development of the Senegal River;
12. Global System of Trade Preferences among Developing Countries (GSTP) - accession process;
13. Greater Arab Free-Trade Area (GAFTA) - not a member.

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).

Islamic Organizations:

1. Economic and Social Commission for Western Asia (ESCWA);
2. Arab League (LAS);
3. Organization of Islamic Cooperation (OIC)
   1. Standing Committee for Economic and Commercial Cooperation of the Organization of Islamic Cooperation (COMCEC);
   2. Islamic Chamber of Commerce and Industry (ICCI);
   3. Islamic Centre for Development of Trade (ICDT);
   4. Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC).
4. Asia - Middle East Dialogue (AMED);
5. Summit of South America-Arab Countries (ASPA);
6. Afro-Arab Cooperation;
7. Arab Bank for Economic Development in Africa (BADEA);
8. Arab Development Funds;
9. OPEC Fund for International Development (OFID).

African Trade and Economic Organizations:

1. Economic Commission for Africa (ECA);
2. African Union (AU)
   1. African Union Convention on Preventing and Combating Corruption;
   2. African Union Development Agency (AUDA-NEPAD).
3. African Development Bank (AfDB);
4. Africa-Turkey Partnership;
5. Africa-Asia Strategic Partnership (NAASP);
6. Africa-Korea Partnership;
7. Africa-Japan Cooperation (TICAD);
8. Africa-South America Summit (ASA);
9. Forum on China-Africa Cooperation;
10. Africa-India Framework for Cooperation;
11. Africa-BRICS (Brazil, Russia, India, China, South Africa).

Global Organizations:

1. World Bank (WB);
2. International Monetary Fund (IMF);
3. United Nations (UN)
   1. Conference on Trade and Development (UNCTAD);
   2. International Trade Centre (INTRACEN).

The Islamic Republic of Mauritania

1. Mauritania is located between the 15th and 27th north parallel and covers an area of 1,030,700 square kilometers;
2. Mauritania It is bounded on the north by Algeria and the Western Sahara, to the east by Mali, on the south by Mali and Senegal on the west by the Atlantic Ocean;
3. Mauritanian Official language: Arab
   1. French is also used.
4. Government: Islamic Republic;
5. Population of Mauritania: 4.3 million inhabitants
   1. Density: 1.95 inhabitants/square kilometers;
   2. Soninke;
   3. Fula.
6. Capital of Mauritania: Nouakchott (800,000 habitants).
   1. Port of Nouakchott (Deep-sea port).
7. Nouadhibou is the second Mauritanian city;
8. Mauritanian independence: 1960 (from France);
9. Abolition of Slavery in Mauritania: 1981;
10. Mauritanian Currency: Ouguiya (MRO).

More information about Mauritania (EENI African Business Portal).

Religion in Mauritania: Sunni Islam.

1. Fiqh (Islamic Jurisprudence): Maliki school.

Mauritania belongs to the Maghrebian Economic Area (Islamic Civilization and the African Civilization).

Economy of Mauritania:

1. The main Mauritanian resources are Iron ore, fisheries, agriculture, livestock, Petrol, and gas;
2. The most dynamic sectors of the Mauritanian economy are mining (10% GDP), agriculture, and construction;
3. Mauritanian GDP growth: 6.9%;
4. Current account balance: -27.1% GDP;
5. Mauritanian Inflation: 5%;
6. Fishing agreement with the European Union;
7. Top Mauritanian trading partners: the European Union (France) and China;
8. Top Mauritanian export markets: France (25% of the total exports), Japan, Spain, and Italy;
9. Trade with other African Markets: only 4% of total Mauritanian trade.

With more than fifty years of experience, SNIM (National Industrial and Mining Company) is the second largest African iron ore producer. The company manages his Rail transport from the mines to the Port of Nouakchott (700 kilometers).

Nearest foreign ports:

1. Port of Casablanca;
2. Port of Dakar.

(c) EENI Global Business School (1995-2023)
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