Business in Montenegro (Course, Master)

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Syllabus of the Subject - Doing Business in Montenegro. Podgorica.

  1. Introduction to Montenegro (South Eastern Europe, Balkans)
  2. Montenegrin Economy: an economy based on the aluminium
  3. Doing Business in Podgorica
  4. Montenegrin Foreign Trade
  5. Foreign Direct Investment in Montenegro
  6. Access to the Montenegrin Market
  7. Business Plan for Montenegro

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

  1. To analyse the Montenegrin Economy and Foreign Trade
  2. To know the business opportunities in the Montenegrin Market
  3. To analyse the trade relations of Montenegro with the country of the student
  4. To know the Montenegrin Free Trade Agreements
  5. To develop a business plan for the Montenegrin Market

The Subject “Foreign Trade and Business in Montenegro” is part of the following Online Higher Education Programs taught by EENI Business School & HA University:
  1. Doctorates: European Business, Global Trade
  2. Masters: Business in Europe, International Business, Foreign Trade
  3. Course: Business in the EFTA Countries

Montenegro, Master Doctorate Business Masters and Doctorates in International Business adapted to the Montenegrin students

The course materials are available in Master in International Business in English + Study Master Doctorate Business in Spanish Montenegro Study, Master in International Business in French Montenegro Masters Foreign Trade in Portuguese Montenegro.

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

Description of the Online Subject: Doing Business in Montenegro

EFTA-Montenegro Free Trade Agreement (Course Master)





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Paterson Ngatchou: EENI Academic Coordinator for Anglophone Countries
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Montenegro

  1. Montenegrin Capitals: Podgorica (main city), and Cetiña (historical capital)
  2. Official Language: Montenegrin
  3. Montenegrin Area: 13,812 square kilometres
  4. Montenegrin Population: 621,383 people
  5. Type of Government: Parliamentary Republic
  6. Borders of Montenegro: Albania, Bosnia and Herzegovina, Croatia, Kosovo and Serbia
  7. Montenegrin Independence: 1992 (Yugoslavia). 2006 (Federal Republic of Yugoslavia)

Religion in Montenegro: Orthodoxy (Christianity).

  1. Islam: 19%

Montenegro belongs to the Orthodox Economic Area

Montenegrin Economy.

  1. Montenegro is a country in transition to a market economy
  2. Aluminium is one of the pillars of the Montenegrin economy along with services
  3. Montenegro still suffering from the different wars effects in the Balkans (1990s)
  4. Montenegro is one of the poorest countries in Europe (12% of the population below the poverty line)
  5. Montenegrin GDP per capita: 6,966 dollars
  6. Currency: Euro
  7. Montenegro is a candidate to join the European Union (EU Enlargement)

Central European Free Trade Agreement (CEFTA)

Montenegrin Foreign Trade.

  1. The main Montenegrin Exports are aluminium (exported through Switzerland, accounts for 84% of Montenegrin's total exports)
  2. Top Montenegrin Exports destinations: Serbia (23%), Croatia (23%) and Slovenia
  3. The main Montenegrin Imports are foods, petroleum products, natural gas, clothes, industrial products
  4. The main suppliers of Montenegro: Greece, Italy, Germany, China and Bosnia and Herzegovina

International Economic Relations of Montenegro

Trade Relations European Union-Western Balkans

  1. Central European Free Trade Agreement (CEFTA)
  2. Montenegro-European Union Stabilisation and Accession Agreement (EU-Western Balkans, EUROMED)
  3. Montenegro-European Free Trade Association (EFTA) Free Trade Agreement
  4. Montenegro-Ukraine Free Trade Agreement
  5. Montenegro-Russia Free Trade Agreement
  6. Adriatic-Ionian Initiative
  7. Central European Initiative (CEI)
  8. Regional Cooperation Council
  9. Organisation of the Black Sea Economic Cooperation (BSEC)
  10. United Nations
  11. International Chamber of Commerce
  12. World Bank
  13. World Trade Organisation
  14. Economic Commission for Europe (UNECE)
  15. Convention Relating to Temporary Admission
  16. International Monetary Fund (IMF)
  17. Organisation for Security and Cooperation in Europe (OSCE)
  18. International Rail Transport Committee (CIT)
  19. Intergovernmental Organisation for International Carriage by Rail (OTIF)
  20. Group of States of the European Council Convention against Corruption (GRECO)

Examples of the Subject - Foreign Trade and Business in Montenegro:

European Union Enlargement (e-Course)

Adriatic-Ionian Initiative (Master, Europe)

Central European Initiative (CEI), Course



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