EENI Global Business School

Business in Austria, Vienna. Austrian Economy



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Syllabus of the Subject

Austrian Foreign Trade (Doing Business in Austria) Tourism

  1. Introduction to the Republic of Austria (EU)
  2. Austrian Economy
  3. Business in Vienna
  4. Austrian Foreign Trade
  5. Investment in Austria
  6. Largest Austrian Companies
  7. Access to the Austrian Market
  8. Business Plan for Austria

The objectives of the subject “International Trade and Business in Austria” are the following:

  1. To analyze the Austrian Economy and Global Trade
  2. To identify business opportunities in the Austrian Market
  3. To analyze the Austrian trade relations with the student's country
  4. To know the Austrian Trade Agreements as a member of the EU
  5. To develop a business plan for the Austrian Market

E-learning Course Master, International Business

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

Doctorate: World Trade.

Doctorate in International Business (DIB) Online

Masters: International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB)

EU, Masters, International Business Trade Masters adapted to Austrian Students.

Languages: Masters, Doctorate, International Business, English + Study Master Doctorate in International Business in Spanish Austria Study Doctorate in International Business in French Autriche Masters Foreign Trade in Portuguese Austria.

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

Foreign Trade and Business in the EU Countries

International Trade and Business in Austria

Trans-European Transport Corridors

  1. Baltic-Adriatic Corridor (Poland, Slovenia)
  2. Access to the Pan-European Corridor II

Baltic-Adriatic Transport Corridor (Poland, Czech Republic, Slovakia, Austria, Italy, Slovenia)

EU International Relations

Market Access - Trade Agreements

Preferential Access and Trade Agreements of Austria

  1. Austria and the European Economic Area
  2. The EU
    1. As a member of the EU, Austria is a beneficiary of the EU Trade Agreements with South Africa, South Korea, Bharat (India), Mexico, MERCOSUR, Egypt etc
    2. Economic and Monetary Union
    3. European Customs Union
    4. European Single Market
    5. The EU Services Directive
    6. European Digital Single Market
  3. Central European Initiative
  4. Regional Cooperation Council
  5. Organization of the Black Sea Economic Cooperation (observer country)

European Single Market

Trade Facilitation Programs. TFA Agreement

  1. WTO
    1. GATS
    2. Agreement on the Application of Sanitary Measures
    3. Agreement on Technical Barriers to Trade
    4. Agreement on Preshipment Inspection
    5. Agreement on Safeguards
    6. Trade Facilitation Agreement
  2. WCO
    1. Kyoto Convention
  3. Convention on the Harmonization of Frontier Controls of Goods
  4. CMR Convention (UN)
  5. Hamburg Rules
  6. Customs Convention on Containers
  7. COTIF Convention
  8. BIC (Containers)
  9. Chicago Convention (ICAO)
  10. IMO
    1. Convention for Safe Containers
    2. Istanbul Convention
  11. IRU
    1. TIR Convention
    2. Guidelines on Safe Load Securing for Road Transport
  12. CIM, CIT Rail Rules
  13. ICC

The EU and Their Institutions

European Trade and Economic Organizations of Austria

  1. The EU
    1. ECB
    2. EIB
    3. EBRD
    4. EU-CELAC Summit
  2. UNECE

Globalization and International Organizations

  1. OECD
  2. Inter-American Development Bank
  3. Asian Development Bank
  4. African Development Bank
  5. UN
  6. WB
  7. WTO
  8. IMF
  9. OSCE. The headquarters of the OSCE are in Vienna
  10. Asia-Europe Meeting

  1. Austrian Capital: Vienna
  2. Languages of Austria: German (official), Hungarian and Slovenian
  3. Area of Austria: 83,871 km²
  4. Austrian Population: 8.5 million people
  5. Type of Government: Parliamentary Federal Republic
  6. Borders of Austria: Czech Republic, Germany, Slovakia, Hungary, Slovenia, Italy, Switzerland and Liechtenstein
  7. Austria is a landlocked country

Religion in Austria: Catholicism -73% of the Austrian population- (Christianity).

Austria belongs to the European Economic Area.

Christianity and Global Business (Catholicism, Protestantism)

Economy of Austria.

  1. The Republic of Austria is one of the richest countries in the world, with a per capita income of EUR 38,500
  2. Austria is the eleven European Union Economy
  3. Austrian GDP (nominal): 398 million dollars
  4. Major economic downturn in 2011
  5. Austrian Currency: Euro
  6. Austria joined the EU in 1995
  7. Main economic sectors: tourism, vehicles, foods, machinery, chemical products, paper
  8. Headquarters of the UNCITRAL and the FIATA

Foreign Trade (Importing, Exporting)

Austrian Foreign Trade.

  1. Main Austrian Exports are machines, vehicles, paper, foods, chemical products, steel, textiles
  2. Germany is the largest trading partner of Austria
  3. Top Austrian export markets are Germany (31%), Italy, Switzerland, the U.S.
  4. Main Austrian import sources are Germany (45), Switzerland, Italy, the Netherlands

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