Business in Eritrea, Asmara

1. Introduction to the State of Eritrea (East Africa)
2. Doing Business in Asmara
3. Eritrean Economy
4. International Trade of Eritrea
5. Transport and Logistics
6. Access to the Eritrean Market
7. Business Plan for Eritrea

International Trade and Business in Eritrea:

The goals of the subject “Foreign Trade, Logistics and Business in the State of Eritrea” are the following:

1. To analyze the Eritrean Economy, Logistics and Global Trade
2. To research business opportunities in Eritrea
3. To explore the Eritrean trade relations with the student's country
4. To know the Eritrean Free Trade Agreements

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

Doctorate in African Business.

Master in Business in Africa, Transport and Logistics in Africa.

Languages: or Erythree Eritrea Eritreia.

Masters adapted to Eritrean Students.

Credits of the Subject “Doing Business in Eritrea”: 1

Eritrean Trade Agreements and Preferential Access:

1. Eritrea and the East African Economic Area
2. Intergovernmental Authority on Development (IGAD)
3. Common Market for Eastern and Southern Africa (COMESA)
4. COMESA-EAC-SADC Agreement
5. African Continental Free-Trade Area
6. Community of Sahel-Saharan States (CEN-SAD)
7. Eritrea-U.S.
   1. AGOA (U.S.)
   2. Eritrea and the COMESA-United States Agreement
8. Eritrea-EU
   1. GSP
   2. Africa-EU Partnership
9. Nile Basin Initiative (NBI) - observer country

1. World Trade Organization (WTO)
   1. Agreement on Trade in Services (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. World Customs Organization (WCO)
   1. Kyoto Convention (Containers)
3. BIC (Containers)
4. Chicago Convention (ICAO)
5. International Maritime Organization (IMO)
6. Istanbul Convention
7. Customs Convention on Containers - not a member

African Trade and Economic Organizations. The State of Eritrea is a member of:

1. Economic Commission for Africa
2. African Union 
   1. AU Convention on Preventing and Combating Corruption (not signed)
   2. AUDA-NEPAD
3. African Development Bank
4. Africa-India Cooperation
5. Africa-BRICS
6. Africa-Turkey Partnership
7. Afro-Arab Cooperation
8. Arab Bank for Africa (BADEA)
9. Africa-Asia Partnership
10. China-Africa Cooperation

1. United Nations
2. World Bank
3. World Trade Organization (WTO)
4. International Monetary Fund
5. Arab League - Observer State

State of Eritrea

1. Asmara is the capital of the State of Eritrea (579,000 people)
2. Eritrea does not have an official language (“equality of all Eritrean languages”)
   1. Tigrinya (2.5 million) is the most spoken language
   2. Work and trade languages are Tigrinya, Arabic and English
3. The Borders of Eritrea are Sudan, Ethiopia, and Djibouti
4. Eritrean Population: 5 million people
5. Eritrean Area: 121,320 km²
6. The state of Eritrea became independent from Ethiopia in 1993
7. Government of Eritrea: one-party presidential unitary republic
8. Currency of Eritrea: Nakfa (ERN)

More information about Eritrea (EENI African Business Portal).

Religions in Eritrea:

1. Christians (63%, mainly Orthodox)
2. African Traditional Religions
3. Islam (37%, Sunni Muslim)

Eritrea belongs to the East African Economic Area.

1. The economy of the State of Eritrea (Africa) is mostly based on a subsistence agriculture (80% of the Eritrean population is implicated in farming and herding)
2. Textiles and clothing, processed meat, beer, shoes, and ceramics are the largest industrial products of Eritrea
3. The main Eritrean mineral resources are granite, marble, silver, copper, gold, and zinc

Transport and Logistics in Eritrea