Business in Saint Kitts and Nevis

The objectives of the subject «Doing Business in Saint Kitts and Nevis» are the following:

1. To analyze the economy and Kittitian Nevisian Foreign Trade
2. To explore the Business Opportunities in Saint Kitts and Nevis
3. To analyze the trade relations of Saint Kitts and Nevis with the country of the student
4. To know the Trade Agreements of Saint Kitts and Nevis
5. To develop a business plan for the Kittitian Nevisian Market

The Subject «Foreign Trade and Business in Saint Kitts and Nevis» belongs to the following Online Programs taught by EENI Global Business School:

Masters: International Business, Foreign Trade.

Doctorate: American Business, World Trade.

Languages: ( San Cristóbal y Nieves Saint-Christophe-et-Niévès San Cristóbal e Nieves).

Preferential Access and Trade Agreements of Saint Kitts and Nevis:

1. Saint Kitts and Nevis and the Caribbean Economic Area
2. Association of Caribbean States
3. CARICOM
   1. CARIFORUM-EU Agreement
   2. Colombia-CARICOM Agreement (Saint Kitts and Nevis)
   3. CARICOM-Dominican Republic Agreement
   4. UK-CARIFORUM Free Trade and Economic Integration Agreement
   5. Costa Rica-CARICOM Agreement (Saint Kitts and Nevis)
4. Caribbean Basin Initiative
   1. The U.S.-Caribbean Basin Trade Partnership Act
5. Caribbean-Canada Trade Agreement
6. Organization of Eastern Caribbean States
7. ALBA

1. WTO
   1. GATS
   2. Agreement on Sanitary Measures
   3. Agreement on Technical Barriers to Trade
   4. Agreement on Preshipment Inspection
   5. Agreement on Safeguards
   6. Trade Facilitation Agreement
2. Is not a member of the WCO
   1. Kyoto Convention

1. CELAC
   1. EU-CELAC Summit
2. OAS
3. ECLAC

1. UN
2. WB
3. WTO
4. IMF
5. Commonwealth
6. ...

Federation of Saint Christopher and Nevis.

1. Saint Kitts and Nevis It is made up of two islands: Saint Kitts and Nevis
2. Capital of Saint Kitts and Nevis: Basseterre (Saint Christopher)
3. Charlestown is the principal city id Nevis
4. Saint Kitts and Nevis does not share land borders with any country
5. Nearest countries to Saint Kitts and Nevis by sea: Antigua and Barbuda and Montserrat
6. Area of Saint Kitts and Nevis: 261 km²
7. Saint Kitts and Nevis is the smallest country in America (both by area and population)
8. Population of Saint Kitts and Nevis: 55,000 inhabitants;
   1. Population density: 164 inhabitants / km²
   2. 92% of the population has an African origin (African Diaspora)
9. Official language of Saint Kitts and Nevis: English (Saint Kitts Creole)
10. Abolition of Slavery in Saint Kitts and Nevis: 1834
11. Climate of Saint Kitts and Nevis: tropical savanna
12. 1498: discovery by the Spanish
13. 1713: British colonization
14. Type of government: Constitutional monarchy (Queen Elizabeth II, Commonwealth)
15. Saint Kitts and Nevis became independent from the UK in 1983
16. Hurricanes: 1998 and 1999

Main religion in Saint Kitts and Nevis: Christianity (Protestantism and Catholicism).

Saint Kitts and Nevis belongs to the Caribbean Economic Area.

Kittitian Nevisian Economy.

1. In the past The economy of Saint Kitts and Nevis depended on the cultivation and processing of sugar cane
   St. Kitts Sugar Manufacturing Corp. is a government export sugar cane processing company, is the largest company in Saint Kitts and Nevis
2. 1998: collapse of the economy due to Hurricane Georges
3. GDP (PPP) of Saint Kitts and Nevis: 1,458 million dollars
4. GDP per capita of Saint Kitts and Nevis (PPP): 25,900 Dollars
5. The main crops of Saint Kitts and Nevis are: sugar cane, rice, sweet potato, vegetables, bananas
6. Tourism, agriculture and light industry are the main economic activities of Saint Kitts and Nevis
7. Main industries: sugar, cotton, textile, footwear, salt, coconut, drinks (beer)
8. In Saint Kitts and Nevis there are several electronic product assembly plants: switches, calculators, radios
9. Government measures to diversify the economy through agriculture, tourism, export-oriented manufacturing and off-shore banking
10. Saint Kitts and Nevis allows foreigners to obtain Saint Kitts' citizenship status through a government-sponsored investment program called Citizenship-by-Investment
11. Tax agreement with Ireland
12. Currency Kittitian Nevisian: East Caribbean dollar (XCD)
13. Country code top-level domain of Saint Kitts and Nevis: .kn
14. Basseterre is the logistics hub for Saint Kitts and Charlestown is the hub for Nevis
15. It drives on the left

International Trade of Saint Kitts and Nevis:

1. Main Exports of Saint Kitts and Nevis: food, electronics, drinks, tobacco
2. Main export markets of Saint Kitts and Nevis: the U.S., the UK, countries of the CARICOM, Netherlands, Azerbaijan
3. Main imports of Saint Kitts and Nevis: machinery, manufacturing, food, fuel
   1. Most of the food is imported
4. Largest providers of Saint Kitts and Nevis: the U.S., Trinidad and Tobago, the UK, countries of the CARICOM
5. Deep water port in Basseterre (cargo and passengers)
6. International airports.
   1. Robert L. Bradshaw International Airport (Saint Kitts)
   2. Vance W. Amory International Airport (Nevis)

(c) EENI Global Business School (1995-2024)
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