EENI Global Business School

Business in Saint Lucia

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Syllabus of the Subject

Foreign Trade and Business in Saint Lucia - Castries. Saint Lucian Economy

  1. Introduction to Saint Lucia
  2. Business in Castries
  3. Saint Lucian Economy
  4. Saint Lucian Foreign Trade
  5. Business Opportunities in Saint Lucia
  6. Access to the Saint Lucian Market
  7. Business Plan for Saint Lucia

The objectives of the subject «Doing Business in Saint Lucia» are the following:

  1. To analyze the Saint Lucian Economy and Global Trade
  2. To explore the Business Opportunities in Saint Lucia
  3. To analyze the trade relations of Saint Lucia with the country of the student
  4. To know the Trade Agreements of Saint Lucia
  5. To develop a business plan for the Saint Lucian Market

Global Trade and Business in Saint Lucia:
Caribbean Basin Economic Recovery Act. U.S Trade Partnership

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

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

Masters: International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB)

Doctorate: American Business, World Trade.

Doctorate in International Business (DIB) Online

Languages: Masters, Doctorate, International Business, English (Study Master Doctorate in International Business in Spanish Santa Lucia Study Doctorate in International Business in French Sainte-Lucie Masters Foreign Trade in Portuguese Santa Lucía).

Foreign Trade and Business in the Caribbean (CARICOM) and Cuba

Masters adapted for Caribbean students.

International Trade and Business in Saint Lucia

Market Access - Free Trade Agreements

Preferential Access and Trade Agreements of Saint Lucia:

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

Caribbean Community CARICOM (Single Market and Economy). Bahamas, Barbados, Belize, Dominica...

Trade Facilitation Programs. TFA Agreement

  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. BIC (Containers)
  3. Chicago Convention (ICAO)
  4. IMO
  5. Is not a member of the WCO
    1. Kyoto Convention

Latin American Economic Integration

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

Globalization and International Organizations

  1. UN
    1. UNCTAD
    2. ITC
    3. WIPO
  2. WB
  3. WTO
  4. IMF
  5. OIF
  6. Commonwealth
  7. ...

Caribbean Development Bank (Antigua, Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, Suriname...)

  1. Saint Lucian Capital: Castries (33% of the population)
  2. Districts of Saint Lucia: Anse La Raye, Castries, Choiseul, Dauphin, Dennery, Gros Islet, Laborie, Micoud, Praslin, Soufrière and Vieux Fort
  3. Saint Lucia does not share land borders with any country
  4. Nearest countries to Saint Lucia by sea: Barbados, Saint Vincent and the Grenadines and Martinique
  5. Area of Saint Lucia: 616 km²
  6. Population of Saint Lucia: 179,000 inhabitants;
    1. Saint Lucian Population density: 300 inhabitants / km²
    2. 85% of the population has an African origin
  7. Official language of Saint Lucia: English (Saint Lucian Creole)
  8. Abolition of Slavery in Saint Lucia: 1834
  9. Climate of Saint Lucia: tropical
  10. Saint Lucia is a volcanic island
  11. 1502: discovery by the Spanish (Saint Lucia was a Christian martyr)
  12. Saint Lucia was colonized by both the British and the French
  13. 1814: definitive British colonization
  14. Government type: Parliamentary constitutional monarchy (Queen Elizabeth II, Commonwealth)
  15. Saint Lucia became independent from the UK in 1979

Main religion in Saint Lucia: Christianity (Catholicism).

Christianity and Global Business (Catholicism, Protestantism)

Saint Lucia belongs to the Caribbean Economic Area.

Foreign Trade and Business in Saint Lucia, Caribbean

CARIFORUM-European Union Economic Partnership Agreement

Saint Lucian Economy.

  1. United Nations Classification: Small Island Developing State
  2. Saint Lucia's economy depends mainly on tourism and banana income
  3. Santa Lucia GDP (PPP): 2,689 million dollars
  4. Services represent 83% of the GDP
  5. Saint Lucian GDP per capita (PPP): 15,225 dollars
  6. The banana-related industry is the main economic activity of Saint Vincent and the Grenadines
  7. Other important crops are: cocoa, coconut, citrus
  8. Emerging sectors: tourism and off-shore banking
  9. Currency Saint Lucian: East Caribbean dollar (XCD)
  10. Country code top-level domain of Saint Lucia: .lc
  11. Saint Lucia has 1.210 Kilometers of roads (847 km are paved)
  12. George F. L. Charles Airport (Castries)
  13. Hewanorra International Airport (south of Saint Lucia)
  14. Main seaport: Port of Castries

Costa Rica-CARICOM Free Trade Agreement

Foreign Trade (Importing, Exporting)

Saint Lucian Foreign Trade

  1. Main Exports of Saint Lucia are bananas, textiles, cocoa, vegetables, fruits, coconut oil
  2. Main export markets of Saint Lucia: the U.S., the UK, France, Brazil
  3. Main imports of Saint Lucia are food, machinery, chemicals, fertilizers, minerals, transportation equipment and fuels
  4. Largest providers of Saint Lucia: Brazil, the U.S., Trinidad and Tobago, the Netherlands, Venezuela, Finland, the UK, France

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