EENI Global Business School

Business in Estonia, Tallinn. Baltic Tiger



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Syllabus of the Subject

Estonia: the most digital country of the EU. Estonian Foreign Trade

  1. Introduction to the Republic of Estonia (EU)
  2. Economy of Estonia: The most digital country of the EU
    1. The Estonian E-Resident Concept
  3. Business in Tallinn
  4. Estonian Foreign Trade
  5. Investment in Estonia
  6. Main Estonian Companies
  7. Access to the Estonian Market
  8. Business Plan for Estonia

North Sea-Baltic Transport Corridor (Finland Belgium)


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

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

E-learning Course Master, International Business

The Subject “Foreign Trade and Business in Estonia” 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 Estonian Students.

Languages: Masters, Doctorate, International Business, English + Study Master Doctorate in International Business in Spanish Estonia Study, Course Master Doctorate in International Business in French Estonie Masters Foreign Trade in Portuguese Estónia.

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

Foreign Trade and Business in the EU Countries

International Trade and Business in Estonia

Trans-European Transport Corridors

Transport Corridors related to Estonia:
  1. North Sea-Baltic Corridor (Finland, Belgium)
  2. Access to the:
    1. Trans-Siberian Railway (Russia, North Korea)
    2. Pan-European Corridor II
    3. Pan-European Corridor IX

EU International Relations

Market Access - Free Trade Agreements

Estonian Preferential Access and Trade Agreements:

  1. Estonia and the European Economic Area
  2. The EU
    1. As a member of the EU, Estonia is a beneficiary of the EU Trade Agreements
    2. European Single Market
    3. The EU Services Directive
    4. European Digital Single Market
    5. European Customs Union
  3. Council of the Baltic Sea States

European Single Market

Trade Facilitation Programs. TFA Agreement

  1. WTO
    1. Agreement on Sanitary and Phytosanitary Measures
    2. GATS
    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. COTIF Convention (Rail)
  4. BIC
  5. Chicago Convention (ICAO)
  6. IMO
    1. Convention for Safe Containers
    2. Istanbul Convention
  7. Customs Convention on Containers - not a member
  8. Convention Harmonization of Frontier Controls of Goods
  9. CMR Convention
  10. ICC
  11. CIM & CIT Rules (Rail)
  12. IRU
    1. TIR Convention
    2. Guidelines on Safe Load Securing for Road Transport
  13. Organization for Cooperation between Railways (OSJD)

The EU and Their Institutions

  1. The EU
  2. OSCE
  3. Group of States of the European Council Convention against Corruption

Globalization and International Organizations

  1. OECD
  2. Asia-Europe Meeting
  3. IMF
  4. UN
  5. WB

  1. Estonian Capital: Tallinn
  2. Official Language of Estonia: Estonian
  3. Estonian Area: 45,228 km²
  4. Estonian population: 1.3 million people (one of the less populated countries in the EU)
  5. About 25% of the population of Estonia has a Russian origin, which generates tensions
  6. Type of Government of Estonia: Parliamentary Republic
  7. Borders of Estonia: Latvia and Finland
  8. Independence of Estonia from the Soviet Union: 1991

Main religion in Estonia: Lutheran Protestantism (Christianity).

Estonia belongs to the European Economic Area.

Christianity and Global Business (Catholicism, Protestantism)

Economy of Estonia.

  1. The Republic of Estonia is the European leader in Internet penetration and mobile telephony
  2. Concept of e-Residency: towards the Digital Nomades
  3. Estonia, Latvia and Lithuania are the so-called Baltic Tigers
  4. Economic recession in 2008
  5. The information technology and the electronic sector are the pillars of the Estonian economy
  6. Estonian GDP (nominal): 21,278 million dollars
  7. GDP per capita of Estonia: USD 17,908
  8. Estonian Currency: Euro (2011)
  9. Estonia is a member of the EU since 2004
  10. The Headquarters of the European Agency for the operational management of large-scale IT systems in the area of freedom, security and justice (eu-LISA) are in Tallinn (Estonia)
  11. Virtually all sectors of the Estonian economy have been privatized (except power plants)
  12. Top Estonian Industries are engineering, electronics, wood products, textiles, information technology, telecommunications
  13. Top Estonian Companies are Hansapank, Eesti Energia, SEB Eesti Ühispank, Eesti Telekom, Tallinnk Grupp, Olympic Entertainment Group, Tallinnna Sadam, Tele2 Eesti, Sampo Pank, Tallinnna Kaubamaja, Merko Group, BLRT Grupp, Elisa, Tallinnna Vesi, Transgroup Invest, Eesti Raudtee, Kunda Nordic Tsement, Viru Keemia Grupp, Falck Baltics

Foreign Trade (Importing, Exporting)

Estonian Foreign Trade.

  1. 50% of the Estonian Foreign Trade is made with the countries of the EU
  2. The main Estonian Exports are wood houses, machinery, electronics and textiles
  3. Top Estonian trading partners are Germany, Finland and Sweden

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