Business in Montenegro. Montenegrin Economy

1. Introduction to Montenegro (South Eastern Europe, Balkans)
2. Montenegrin Economy: an economy based on the aluminum
3. Doing Business in Podgorica
4. Montenegrin Foreign Trade
5. Transport and Logistics
6. Investment in Montenegro
7. Access to the Montenegrin Market
8. Business Plan for Montenegro

Sample:

The educational aims of the Subject “Foreign Trade, Logistics and Business in Montenegro” are:

1. To analyze the Montenegrin Economy, Logistics and Global Trade
2. To conduct research on business opportunities in the Montenegrin Market
3. To research the trade relations of Montenegro with the student's country
4. To learn about Montenegrin Trade Agreements
5. To develop a business plan for the Montenegrin Market

The Subject “Foreign Trade, Logistics and Business in Montenegro” is included within the curriculum of the following academic programs at EENI Global Business School:

Doctorate: World Trade.

Masters: International Business, Foreign Trade.

Masters adapted to Montenegrin Students.

Languages: + Montenegro Montenegro Montenegro.

1. Subject Credits “Doing Business in Montenegro”: 1

Montenegrin Preferential Access and Trade Agreements:

1. Montenegro and the Orthodox Economic Area
2. Central European Free Trade Agreement (CEFTA)
3. Montenegro-EU
   1. Montenegro is a candidate to join the European Union (EU Enlargement)
   2. Montenegro-European Union Stabilization and Accession Agreement (European Union-Western Balkans, EUROMED)
4. Montenegro-EFTA Agreement
5. Montenegro-Ukraine Agreement
6. Montenegro-Russia Agreement
7. Turkey-Montenegro Agreement
8. Adriatic-Ionian Initiative
9. Central European Initiative
10. Regional Cooperation Council

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. COTIF Convention (Rail)
3. BIC
4. Chicago Convention (ICAO)
5. International Maritime Organization (IMO)
   1. Convention for Safe Containers
   2. Istanbul Convention
6. Customs Convention on Containers
7. Convention on the Harmonization of Frontier Controls of Goods
8. Is not a member of WCO
   1. Kyoto Convention
9. International Chamber of Commerce
10. International Road Transport Union (IRU)
    1. TIR Convention
    2. Guidelines on Safe Load Securing for Road Transport
11. CIM / CIT Rules

Europe

1. Economic Commission for Europe (UNECE)
2. Organization for Security and Cooperation in Europe (OSCE)
3. Group of States of the European Council Convention against Corruption

Global Organizations:

1. United Nations
2. World Bank
3. World Trade Organization (WTO)
4. International Monetary Fund

1. Montenegrin Capitals: Podgorica (main city), and Cetiña (historical capital)
2. Official Language of Montenegro: Montenegrin
3. Montenegrin Area: 13,812 km²
4. Montenegrin Population: 621,383 people
5. Type of Government of Montenegro: Parliamentary Republic
6. Borders of Montenegro: Albania, Bosnia and Herzegovina, Croatia, Kosovo and Serbia
7. Montenegrin Independence:
   1. 1992 (Yugoslavia)
   2. 2006 (Federal Republic of Yugoslavia)

Religion in Montenegro: Orthodoxy (Christianity).

Religions and Global Business - Religious diversity

1. Islam: 19%

Montenegro belongs to the Orthodox Economic Area.

Montenegrin Economy.

1. Montenegro still suffering from the different wars effects in the Balkans (1990)
2. Montenegro is one of the poorest countries in Europe (12% of the population below the poverty line)
3. Currency of Montenegro: Euro

Montenegrin Foreign Trade.

1. Main Montenegrin Exports are aluminum (exported through Switzerland, accounts for 84% of Montenegrin's total exports)
2. Top Montenegrin Exports destinations: Serbia (23%), Croatia (23%) and Slovenia
3. Main Montenegrin Imports are foods, petroleum products, natural gas, clothes, industrial products
4. Main suppliers of Montenegro: Greece, Italy, Germany, China and Bosnia and Herzegovina