Georgia snapshot 2015
|
|
- Madeline Andrews
- 5 years ago
- Views:
Transcription
1 Manufacturing
2 Growing Economy Georgia snapshot 2015 Population: ~ 3.8 mln GDP: USD 13.9 bln (2015 ) GDP/Capita (PPP 2015): ~ USD 9,160 GDP growth: 2.8% (2015*) FDI: USD 1.4 bln (2015) Export: USD 2.2 bln (2015) Import: USD 7.7 bln (2015) Unemployment rate: 12.0% (2015) *Preliminary Data Sources: National Statistics Office of Georgia, World Bank
3 Business Friendly Environment Doing Business Economic Freedom Corruption Perception Crime Index #24 #23 #48 #6 #1 Up from #112 in 2005 Up from #99 in 2005 Up from #130 in 2005 World Europe Georgia is one of the leading Majority of Georgia s reforms Alongside recognitions as the In the last ranking of countries in the world in are oriented on the top reformer in the world, countries by crime index, terms of starting a business, development of free, open Georgia is the leader in the Georgia was named as one of dealing with bureaucracy and and transparent, private- wider region in terms of the safest place in the world the number of procedures sector driven market fighting with corruption with the lowest crime rate in required to launch and economy the Europe operate an enterprise
4 Strategic Location Located at the crossroads of Europe, Asia, Middle East and Africa Key link in the shortest transit route between Western Europe and Central Asia for transportation of oil and gas as well as dry cargo Access to over 1 billion people markets
5 Economic Freedom 2015 Doing Business 2015 Hottest destinations for investments #22 #15
6 Regional Hub for Doing Business EU DCFTA CIS FTA State Incentives Most Favored Nation (MFN) since 2000 Immediate Region US, Canada, Japan, Norway, Switzerland On-going negotiations on FTA with FTA GSP Very simple and service oriented customs policy 0% customs tax on over 80% of imports Efficient tax administration 0% customs tax on all exports No quantitative restrictions or tariff barriers 0% VAT on all exports Average Customs Clearance ~15 minutes Maximum customs tax on imports 5-12%
7 Taxation Burden is Simple, Low, Flat and Efficient 15% Corporate Profit Tax 18% VAT (Value Added) 20% Personal Income 1% Property Tax NO Payroll Tax or social insurance Tax Capital gains Tax Wealth Tax Foreign source income of individuals fully exempted No restrictions on currency convertibility or repatriation of capital & profit Dividend/Interest Tax 5% Double Taxation avoidance treaties with 47 countries
8 Available Young & Educated Work Force Unemployment Rate Labor Freedom Index According to Heritage Foundation, Labor Freedom Index in Georgia is 91.2 out of 100 score Average Monthly Salary Including white and blue-collar workers All ILO core conventions are ratified by Georgia 12.0 % ~ 50 % 91/ USD Flexible Labor Code Young and Educated Labor 50% of unemployed population are aged between 20-34
9 Manufacturing Sector of Georgia USD Million, 2014 Value Added Production Value Industry Production Value and Value Add Top Products Top Exports Top Companies Food & Beverages 519 1,778 Grain Mill products Mineral waters & soft drinks Wine Nuts Spirituous beverages Wine Agara Company IDS Borjomi Lomisi Metals Ferro-alloys Basic metals Fabricated Metal Products Ferro-alloys Ferro waste Bars and Ores Georgian Manganese Quartzite Geosteel Non-metallic mineral products Cement Articles of concrete and cement Glass Cement Articles of concrete/cement Glass Heildelberg Georgia Georgian Cement Chemicals Basic Chemicals Pharmaceuticals Cleaning&polishing preparations Fertilizers Medicaments Cleaning & polishing prerp. Rustavi Azot GMP Aversi Transport Equipment Railway locomotives Aircraft Ships Parts of aircrafts Parts of railway Rail locomotives Elmavalmshenebeli Vagonmshenebeli TAM Tbilaviamsheni Plastics Plastic Products PET products Plastic Products Caucasian PET Alfa PET AA Plast Wood, Paper and Furniture Publishing and printing Furniture Wood Wood Furniture Paper Embawood Star RG Hualing Group Textile and Leather Apparel Textiles Footwear Apparel Textiles Footwear BTM Textile Ajara Textile Machinery and Equipment Wires and cables Motors, generators, transformers Machinery Machine Tools Compression Engines Household machines Saqkabeli ICES Saqenergoremonti
10 Highly Attractive Import Substitution and Export Opportunities Export Import Substitution Pharmaceuticals Food products Textile/Apparel Industrial Equipment Electronic Equipment Other light manufacturing Beverages Packaging Fertilizers/ Chemicals Paper and Cardboard Construction Materials Wood Products Plastic & Rubber
11 Produce in Georgia Support Mechanisms: Interest Rate Co-financing on the loan or the subject of lease for the first 2 year (up to 10%) Partial collateral guarantee for the first 2-4 years, 50% of the total loan (Upper limited USD 1,000,000 equivalent in GEL) Infrastructure Support: Provision of State Property for a symbolic price of GEL 1 Consulting Support: Co-financing of consulting services, export market diligence, business matching, installation of technology and innovation, skills development, quality management, standardization, etc. Eligibility At least 80% of the loan must be oriented on the purchase of PPE Manufacturing must be oriented on either Industrial Manufacturing or Agriprocessing Investment obligations for provided state property Financial Assistance to New Enterprises Interest Rate Co-financing Partial Collateral Guarantee Financial Assistance to Upgrade of Existing Enterprises Interest Rate Co-financing Financial Assistance to Companies seeking to Lease Equipment Interest Rate Co-financing Infrastructure Support for New Enterprises Consulting Support for all types of beneficiaries
12 Co-Investment Opportunities 100% State Fund 100% Private Fund Total Assets USD 3 billion Investment Options: PF participation should not exceed 50% of the total investment Equity Co-Investment Senior and Subordinated Loans Total Assets USD 6 billion Investment Options: Minimum size of Investments of USD 5 million Equity Co-Investment from 25 to 75% of the project Minimum IRR of the project 17%
13 Thank You
Entrepreneurship Development Agency
Entrepreneurship Development Agency Marjanishvili str. 5/16-18, 0102 Tbilisi Tel: +995 32 2 99 10 44 Web: www.qartuli.ge; www.enterprise.gov.ge Mail: info@enterprise.gov.ge Growing Economy Georgia Snapshot
More informationGEORGIA - PROMISING MARKET FOR INVESTMENTS
GEORGIA - PROMISING MARKET FOR INVESTMENTS GEORGIA IS A WINNING COMBINATION Strategically located at the crossroad of Europe and Asia Modern and fast-developing infrastructure Free Trade Agreements with
More informationMissouri Economic Indicator Brief: Manufacturing Industries
Missouri Economic Indicator Brief: Manufacturing Industries Manufacturing is a major component of Missouri s $300.9 billion economy. It represents 13.1 percent ($39.4 billion) of the 2016 Gross State Product
More informationInvestment Climate & Opportunities in Georgia
GEORGIAN NATIONAL INVESTMENT AGENCY Investment Climate & Opportunities in Georgia May, 2011 Georgian National Investment Agency Georgian National Investment Agency was established in 2002 under Ministry
More informationInvestment Climate & Opportunities in Georgia
GEORGIAN NATIONAL INVESTMENT AGENCY Investment Climate & Opportunities in Georgia April, 2011 Georgian National Investment Agency Georgian National Investment Agency was established in 2002 under Ministry
More informationMinistry of Finance of Georgia. Georgia The Outlook. January 2018
Ministry of Finance of Georgia Georgia The Outlook January 2018 Axes of Georgia s Long-Term Growth Strategy The Government of Georgia s long-term strategy seeks sustained and inclusive growth that is based
More informationProject ADC I TBILISI JULY 2018
Project ADC I TBILISI JULY 2018 GEORGIA - HIGH LEVEL DESCRIPTION Population (2018) GDP (2017*) 3.73 million US$ 15.2 billion GDP/Capita (PPP) (2017*) c.us $ 10,600 Real GDP Growth (2017*) + 5.0% Real GDP
More informationKentucky Cabinet for Economic Development Office of Workforce, Community Development, and Research
Table 3 Kentucky s Exports to the World by Industry Sector - Inclusive of Year to Date () Values in $Thousands 2016 Year to Date - Total All Industries $ 29,201,010 $ 30,857,275 5.7% $ 20,030,998 $ 20,925,509
More informationEuropean Commission takes over the national authorities competence with regard to international trade Common Customs Tariff
MINISTRY OF ECONOMY AND COMMERCE Foreign Trade Department ROMANIA Member of the European Union ECONOMIC DEVELOPMENT AND OPPORTUNITIES IN ROMANIA By Iuliu WINKLER, minister delegate for commerce Romania
More informationEffect of tariff increase on residential sector preliminary results. Dr Johannes C Jordaan
Effect of tariff increase on residential sector preliminary results Dr Johannes C Jordaan Scope Impact on residential sector (i.e. households) Impact of: nominal tariff increases, 2x25% in 2013 and 2014
More informationBATUMI BUSINESS TOUR 27 SEPTEMBER - 01 OCTOBER 2016 BUSINESS TOUR
BATUMI BUSINESS TOUR 27 SEPTEMBER - 01 OCTOBER 2016 BUSINESS TOUR GENERAL INFORMATION ABOUT GEORGIA Area: 69,700 sq km Population: 3.7 mln Life expectancy: 75 years Official language: Georgian Literacy:
More informationBRIEFING ON The TRANS-PACIFIC PARTNERSHIP AGREEMENT (TPPA)
BRIEFING ON The TRANS-PACIFIC PARTNERSHIP AGREEMENT (TPPA) BY SYAHRIL SYAZLI GHAZALI Strategic Negotiation Division MITI 21 January 2016 1 BRIEF BACKGROUND 2005 (P4) - Brunei, Chile, Singapore & New Zealand.
More informationMANUFACTURING IN IOWA
MANUFACTURING IN IOWA MARCH 2010 INSIDE THIS ISSUE: IMPORTANCE OF MANUFACTURING TO THE STATE KEY INDUSTRIES EARNINGS 4 EXPORTS 5 GDP TRENDS 6 JOB TRENDS 7 COUNTY DEPENDENCE ON MANUFACTURING 2 3 8 OVERVIEW
More informationGOAL 6 FIRMS PARTICIPATING IN FOREIGN EXPORT TRADE
GOAL 6 FIRMS PARTICIPATING IN FOREIGN EXPORT TRADE By 2028, New Brunswick will have at least 1,080 firms participating in foreign export trade. Status: NOT PROGRESSING Current Situation As outlined in
More informationInvestment Climate & Opportunities in Georgia
Investment Climate & Opportunities in Georgia 1 What is Georgia? Basic overview, 2010 Population: 4.4 million people Capital: Tbilisi (1.2 million people) Area: 69,700 sq km Currency: Lari (GEL) Growth:
More informationReport on Finnish Technology Industry Exports
Report on Finnish Technology Industry Exports Last observation October 2018, 2.1.2019 Goods Export of Technology Industry from Finland Goods Export of Technology Industry from Finland by Branches Source:
More informationRevised October 17, 2016
Revised October 17, 2016 60 ISM Manufacturing Purchasing Managers Index (September 2015 September 2016) 58 56 54 52 50 48 46 44 42 Sept-15 Oct Nov Dec Jan-16 Feb Mar Apr May Jun Jul Aug Sept Purchasing
More informationINDO-SRI LANKA FREE TRADE AGREEMENT (ISFTA)
INDO-SRI LANKA FREE TRADE AGREEMENT (ISFTA) Prepared by Sri Lanka Export Development Board (EDB) April 2014 CONTENTS Page No. 1. BACKGROUND 2 2. WHY INDIA IS IMPORTANT AS A TRADING PARTNER 2 3. OBJECTIVES
More informationLithuania: in a wind of change. Robertas Dargis President of the Lithuanian Confederation of Industrialists
Lithuania: in a wind of change Robertas Dargis President of the Lithuanian Confederation of Industrialists 2017 06 15 Lithuanian Confederation of Industrialists - the largest business organisation in Lithuania
More informationAN OVERVIEW ON ALBANIAN ECONOMIC DEVELOPMENT INDICATORS
AN OVERVIEW ON ALBANIAN ECONOMIC DEVELOPMENT INDICATORS Secretariat of Albania Investment Council, December 2017 Note: This Material is a summary of some of the main indicators and does not represent the
More informationAzerbaijan Country Presentation
Azerbaijan Country Presentation Rufat Mammadov AZPRPOMO Favourable Location Azerbaijan is the country on the crossroads of Eurasia I Establishment: 28 May 1918 I Independence: 18 October 1991 I Official
More informationConference for Competitiveness: Driving Innovation for Competitiveness Malaysia Productivity Council
Conference for Competitiveness: Driving Innovation for Competitiveness Malaysia Productivity Council Driving Towards High Income Economy Dato Dr Mahani Zainal Abidin Institute of Strategic and International
More informationBrexit Monitor The impact of Brexit on (global) trade
Brexit Monitor The impact of Brexit on (global) trade The impact of Brexit on (global) trade The outcome of the UK s EU referendum and looming exit negotiations, are already affecting trade flows between
More informationGeorgia Investment Perspectives-2015
Georgia Investment Perspectives-2015 1 Growing Kutaisi Economy Georgia snapshot - 2015 Population: ~ 4.5 mln GDP: USD 16.1 bln (2013) USD 16.5 bln ( 2014*) GDP/Capita (PPP 2014*): ~ 3680 USD GDP growth:
More informationData Appendix Understanding European Real Exchange Rates, by Mario J. Crucini, Christopher I. Telmer and Marios Zachariadis
Data Appendix Understanding European Real Exchange Rates, by Mario J. Crucini, Christopher I. Telmer and Marios Zachariadis This appendix provides further description of our data sources and manipulations
More informationBULGARIAN TRADE WITH THIRD COUNTRIES FOR THE PERIOD JANUARY - NOVEMBER 2010 (PRELIMINARY DATA)
BULGARIAN TRADE WITH THIRD COUNTRIES FOR THE PERIOD JANUARY - NOVEMBER 2010 (PRELIMINARY DATA) In the period January - November 2010 the Bulgarian exports to third countries increased by 46.9 compared
More informationGOLDEN MAHARASHTRA. Leading India
GOLDEN MAHARASHTRA Leading India China US India Japan Brazil Russia Mexico Germany France UK Italy Canada Growth prognosis - year 2000 vs. year 2020 0 5,000 10,000 15,000 20,000 25,000 GDP (US$bn) Goldman
More informationUkraine FDI report 2011
Ukraine FDI report 2011 Contents Competing in a converging world 3 Ukraine s true FDI value 4 Reforms and expectations 7 Methodology 8 Ernst & Young in Ukraine 9 Foreword The Ukraine Foreign Direct Investment
More informationBelarus slide package for a foreign investor
Belarus slide package for a foreign investor Paulina Wilk May 2012 www.tse.fi/pei/ Contents 1. General information 3 2. Economic development 7 3. Political scene 14 4. Prosperity and consumption 19 5.
More informationETHIOPIA. Agribusiness. Procedures and Opportunities
ETHIOPIA Agribusiness Procedures and Opportunities Ethiopia: Country Profile Ethiopia Brief Country Profile Ethiopia: Country Profile Rapid and sustainable economic growth One of the fastest growing economies
More informationMonthly Report on the Corporate Goods Price Index ( Preliminary Figures for August 2017 )
Research and Statistics Department Bank of Japan Report on the Corporate Goods Price Index The Producer Price Index was und from the previous. The Export Price Index (contract currency ) rose 0.6 percent
More informationBULGARIAN TRADE WITH THIRD COUNTRIES IN THE PERIOD JANUARY - FEBRUARY 2017 (PRELIMINARY DATA)
BULGARIAN TRADE WITH THIRD COUNTRIES IN THE PERIOD JANUARY - FEBRUARY 2017 (PRELIMINARY DATA) In the period January - February 2017 Bulgarian exports to third countries increased by 20.0 in comparison
More informationInvestment and R&D Investment* in the EU manufacturing sector (2007)
Investment* in the EU Capital in the Western of R&D of R&D Key sectors: Top 10 Investment* in the EU Food and beverages Chemicals** Motor vehicles Fabricated metal products Machinery and equipment Other
More informationKey Economic Data. Saudi Economy from Regional & Global Perspective. Administrative Reform to Enhance Economic Activities. Saudi Exports & Imports.
2011 Key Economic Data. Saudi Economy from Regional & Global Perspective. Administrative Reform to Enhance Economic Activities. Saudi Exports & Imports. The 2011 Saudi Budget Why Invest in Saudi Arabia?
More informationTRADE IN GOODS OF BULGARIA WITH THIRD COUNTRIES IN THE PERIOD JANUARY - FEBRUARY 2019 (PRELIMINARY DATA)
TRADE IN GOODS OF BULGARIA WITH THIRD COUNTRIES IN THE PERIOD JANUARY - FEBRUARY 2019 (PRELIMINARY DATA) In the period January - February 2019 the exports of goods from Bulgaria to third countries increased
More informationINVESTMENT INCENTIVES IN CAMBODIA
INVESTMENT INCENTIVES IN CAMBODIA PHNOM PENH SECURITIES PLC. No. 32, Monivong Bld, Phnom Penh, Cambodia Tel: +855-23-426-999 Fax: +855-23-426-495 Website: http://www.pps.com.kh In this Paper: Executive
More informationInvestment & Promising Trade Items
I Korea s Trade with Chile II Effects of Korea-Chile FTA III FTA Beneficiary i Items IV FTA Utilization V Investment & Promising Trade Items 01 6.000 (US$ million) 4.500 4.810 3.000 1.500 2.083 0 (1.500)
More informationIndustrial Parks in Ethiopia
Industrial Parks in Ethiopia Incentives Package ETHIOPIAN INVESTMENT COMMISSION CONTENTS Why Invest in Ethiopia? 2 Industrial Parks 4 Industrial Parks Incentives 6 Income tax exemption in industrial parks
More informationAre we on the right track?
Indonesia s Economic Transformation Are we on the right track? Prof. Suahasil Nazara Chairman of Fiscal Policy Agency Bali, 6 December 2018 OUTLINE Aspiration to achieve high-income status National goals
More informationPRESS RELEASE. The Overall Turnover Index in Industry in July 2017, compared with June 2017, recorded an increase of 2.1% (Table 6).
HELLENIC REPUBLIC HELLENIC STATISTICAL AUTHORITY Piraeus, 19 September 2017 PRESS RELEASE TURNOVER INDEX IN INDUSTRY: July 2017, y-o-y increase of 8.6% The evolution of the Turnover Index in Industry with
More information10 reasons to invest in France
October 2009 10 reasons to invest in France IFA Keys to understanding the new France 2 1 An economy with a global outlook Foreign companies employ over 2.8 million people in France at 23,000 different
More informationA new EU trade agreement with Japan
A new EU trade agreement with Japan The EU and Japan have finalised the negotiations on a new trade agreement. It is ambitious, balanced and progressive, promoting our interests and values. It would enable
More informationASEAN-Korea Economic Relationship:
ASEAN-Korea Economic Relationship: A Road to More Active Future Cooperation. Choong Lyol Lee, Professor Department of Economics and Statistics Korea University at Sejong ASEAN-Korea Economic Relationship:
More informationWorld Industry Outlook: Which Industries Gain and Which Lose in a Slowing Global Economy? Mark Killion, CFA Managing Director World Industry Service
World Industry Outlook: Which Industries Gain and Which Lose in a Slowing Global Economy? Mark Killion, CFA Managing Director World Industry Service Agenda Outlook for Industry Sales and CapEx Ranking
More informationWhat is the Export Benefit of GSP+ to Sri Lanka in Numbers. Janaka Wijayasiri
What is the Export Benefit of GSP+ to Sri Lanka in Numbers Janaka Wijayasiri Outline EU GSP arrangements Economic, Social & Environmental Benefits of GSP: Literature Review Sri Lanka s trade with EU Estimated
More informationA. Definitions and sources of data
Poland A. Definitions and sources of data Data on foreign direct investment (FDI) in Poland are reported by the National Bank of Poland (NBP), the Polish Agency for Foreign Investment (PAIZ) and the Central
More informationInvestment potential of manufacturing footwear and bags in Georgia. Enterprise Georgia LEPL April 2018
Investment potential of manufacturing footwear and bags in Georgia Enterprise Georgia LEPL April 2018 Disclaimer The study of the investment potential of manufacturing footwear, bags and accessories in
More informationBCDS A Toolkit for Developing the Business Climate
BCDS A Toolkit for Developing the Business Climate Steering Group Meeting MENA-OECD Investment Programme 3 March 2010, Paris OECD Private Sector Development Division Business Climate Development Strategies
More informationContents. The methodology and scope of the respective indicators are comprehensively presented in 2007 BNB Monthly Bulletin issues.
Contents 1. Macroeconomic Indicators 3 2. Gross Domestic Product 6 3. Consumer Price Change 7 4. Export and Import Price Indices by Component 8 5. Balance of Payments 9 6. Exports by Commodity Group 11
More informationOleg Ustenko, Julia Segura, Valentyn Povroznyuk Edilberto L. Segura
217 Oleg Ustenko, ia Segura, Valentyn Povroznyuk Executive Summary Russian-backed rebels have continued their frequent fire against Ukrainian forces, which responded in kind. All these attacks are recorded
More informationEconomic Outlook. William Strauss Senior Economist and Economic Advisor Federal Reserve Bank of Chicago
Economic Outlook Chicago Association of Spring Manufacturers, Inc Des Plaines, IL January 15, 215 William Strauss Senior Economist and Economic Advisor Federal Reserve Bank of Chicago The Great Recession
More informationVietnam Economy: Prospects, Integration & Footwear Industry. Vo Tri Thanh (CIEM)
Vietnam Economy: Prospects, Integration & Footwear Industry Vo Tri Thanh (CIEM) Presentation at the Vietnam Footwear Summit Ho Chi Minh City, 15-16 March 2017 12/03/2017 1 Outline of presentation 30 years
More informationTrade Flows and Trade Policy Analysis. October 2013 Dhaka, Bangladesh
Trade Flows and Trade Policy Analysis October 2013 Dhaka, Bangladesh Witada Anukoonwattaka (ESCAP) Cosimo Beverelli (WTO) 1 Firms in international trade 2 Stylized facts about firms in international trade
More informationEconomic Impact of Canada s Participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership
Economic Impact of Canada s Participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership Office of the Chief Economist, Global Affairs Canada February 16, 2018 1. Introduction
More informationMinistry of Finance of Georgia. Georgia The Outlook. July Contact :
Ministry of Finance of Georgia Georgia The Outlook July 2014 Contact : investorrelations@mof.ge Government Priorities to Promote Inclusive Economic Growth Maintain stable macroeconomic environment, based
More informationBULGARIAN TRADE WITH EU PRELIMINARY DATA
BULGARIAN TRADE WITH EU PRELIMINARY DATA During the period January - June 2010 the Bulgarian exports to EU increased by 17.4% compared to the corresponding period of the previous year and amounted to 8
More informationIII. TRADE-RELATED ASPECTS OF INVESTMENT POLICIES. (1) Foreign Direct Investment: General Policy Direction
Page 26 III. TRADE-RELATED ASPECTS OF INVESTMENT POLICIES (1) Foreign Direct Investment: General Policy Direction 1. Singapore's rapid economic growth has been to a large extent due to massive foreign
More informationPRESENTATION ON THE INVESTMENT OPPORTUNITIES IN BOTSWANA. Ms Reitumetse Aphiri Executive Director Investment Promotions 27 th February 2013
PRESENTATION ON THE INVESTMENT OPPORTUNITIES IN BOTSWANA Ms Reitumetse Aphiri Executive Director Investment Promotions 27 th February 2013 Contents 1. Botswana Overview Key Figures Macroeconomic Fundamentals
More information41.8 hours per week, respectively. Workers in the. clothing and chemicals and chemical products industries on average worked less than other
CZECH REPUBLIC 3,500,000 3,000,000 2,500,000 2,000,000 1,500,000 1,000,000 500,000 5000 4000 3000 2000 1000 0 Fig. 1: Employment by Major Economic Activity ('000s), 2000-2008 2000 2002 2004 2006 2008 Source:
More informationOleg Ustenko, Julia Segura, Valentyn Povroznyuk Edilberto L. Segura
Executive Summary Since early, Russian-backed separatists have intensified their military hostilities in Eastern Ukraine. The Avdiivka city in Donetsk oblast became a target for massive firings by the
More informationDossier on Preferential Trade Agreements
Dossier on Preferential Trade Agreements July 2009 (Vol. III, No. 7) (For all previous issues of PTA Dossiers, please visit: http://www.cuts citee.org/ptadossier.htm) Table of Contents 1. EU and Papua
More informationUnited States-Southern African Customs Union (SACU) Free Trade Agreement Negotiations: Background and Potential Issues
Order Code RS21387 Updated May 27, 2008 United States-Southern African Customs Union (SACU) Free Trade Agreement Negotiations: Background and Potential Issues Summary Danielle Langton Analyst in International
More informationSri Lanka: Next Trade and Investment Destination in Asia. Presentation by Mr. M P T Cooray May 2017
Sri Lanka: Next Trade and Investment Destination in Asia Presentation by Mr. M P T Cooray May 2017 1 South Asian Region Quarter of the World Population Accounts for 3% of global gross domestic product
More informationThe amount of capital held in this subsidiary is deducted from Capital funds, i.e. 50% Tier I and 50% Tier II.
DISCLOSURES UNDER THE NEW CAPITAL ADEQUACY FRAMEWORK (BASEL II GUIDELINES) - AS ON 30.09.2011 I. Scope of Application IndusInd Bank Limited ( the Bank ) is a commercial bank, which was incorporated on
More informationECONOMIC MONITOR MOLDOVA Issue 8 June 2018
ECONOMIC MONITOR MOLDOVA Issue 8 June 218 Overview Economic growth of 4.5% in 217, slowdown to low 3.8% expected for 218 Growth driven by private consumption, also positive contribution from investment
More informationChapter-2. Trends in India s Foreign Trade
Chapter-2 India s Trade Performance India s merchandise exports reached a level of US $ 251.14 billion during 2010-11 registering a growth of 40.49 percent as compared to a negative growth of 3.53 percent
More informationFollow this and additional works at: Part of the Business Commons
University of South Florida Scholar Commons College of Business Publications College of Business 5-1-2005 Potential economic effects of the proposed Dominican Republic-Central America free trade agreement
More information6 June 2018 International Wealth Forum Tbilisi 2018
6 June 2018 International Wealth Forum Tbilisi 2018 Courtyard Marriott Hotel 4 Freedom Square, Tbilisi, Georgia WHY GEORGIA? Georgia is the aspiring economic center of the Caucasus. Georgia is ideally
More informationFOREIGN INVESTMENT OPPORTUNITIES OF MONGOLIA
Foreign Investment and Foreign Trade Agency Government of Mongolia FOREIGN INVESTMENT OPPORTUNITIES OF MONGOLIA Dr. Ganzorig Baasankhuu 2011.10.19 Chairman Foreign Investment and Foreign Trade Agency Content
More informationTABLE D-50. Relation of profits after taxes to stockholders' equity to sales, private manufacturing corporations, by industry group, 7947 50 average 1953-54 average Year 1953 1954 Fourth Ratio of profits
More informationInvestment Climate & Opportunities in Georgia. Georgian National Investment Agency (GNIA)
Investment Climate & Opportunities in Georgia Georgian National Investment Agency (GNIA) 2015 Georgia Country Overview Area: 69,700 sq km GDP 2014 (E): USD 16.5 bln Population: 3.7 mln Life expectancy:
More informationChapter-3. Trends in India s Foreign Trade
Chapter-3 Trends in India s Foreign Trade India s Trade Performance India s merchandise exports reached a level of US $ 304.62 billion during 2011-12 registering a growth of 21.30 percent as compared to
More informationPresentation for the Economic Development Committee of the City of Toronto
Presentation for the Economic Development Committee of the City of Toronto Consulate General of the Republic of Turkey June 24, 2014 TORONTO ECONOMIC SUCCESS STORY OF THE STAR AND CRESCENT ECONOMIC SUCCESS
More informationECONOMIC MONITOR GEORGIA Issue 8 [updated] June 2018
ECONOMIC MONITOR GEORGIA Issue 8 [updated] June 218 Overview High economic growth of 5.% in 217 and 5.5% in Jan-Apr 218 Demand side: balanced growth based on consumption, investment and net exports Positive
More informationANNUAL ECONOMIC REPORT AJMAN 2015
ANNUAL ECONOMIC REPORT AJMAN C O N T E N T S Introduction Growth of the Global Economy Economic Growth in the United Arab Emirates Macro - Economic Growth in the Emirate of Ajman Gross Domestic Product
More informationЕCONOMIC MONITOR. No. 10
ЕCONOMIC MONITOR No. 10 OCTOBER TABLE OF CONTENTS 1 Introduction... 1 2 Total IRBRS investments... 2 2.1 Loans... 3 3 IRBRS loans and their impact on the economic structure... 4 4 Employment stimulation...
More informationFREE TRADE AGREEMENT BETWEEN UKRAINE AND UZBEKISTAN. Annex Information on the regional trade agreement
FREE TRADE AGREEMENT BETWEEN UKRAINE AND UZBEKISTAN Annex Information on the regional trade agreement FREE TRADE AGREEMENT between the Government of Ukraine and the Government of the Republic of Uzbekistan
More informationNational accounts of the Netherlands
National accounts of the Netherlands å 2014 National accounts of the Netherlands 2014 Explanation of symbols. Data not available * Provisional figure ** Revised provisional figure (but not definite) x
More informationProfitability and Ownership
Profitability and Ownership Structure of US Foreign Ventures Why US Joint Ventures Abroad Are Less Profitable Than Wholly Owned Ventures Ben Gomes-Casseres Mauricio Jenkins Peter Zámborský Low profitability
More informationMelbourne Mining Club Being lucky is not enough. Don Argus, Chairman 22 October 2009
Melbourne Mining Club Being lucky is not enough Don Argus, Chairman 22 October 2009 Economic Activity Contracted in All Countries Global GDP Growth (%, Quarter-Over-Quarter, Annualised) 9 7 5 3 1 (1) (3)
More informationWHY INVEST IN TURKEY?
Why invest in? 10 reasons to invest in.. Robust Economy Opportunities Domestic market + EU Benign R&D Ecosystem WHY Strategic Location INVEST IN Lucrative Incentives TURKEY? Favorable Demographics Business-friendly
More informationANNEX ONE SINGAPORE 1. INTRODUCTION
ANNEX ONE SINGAPORE 1. INTRODUCTION As described in section 2 of the position paper, following the pause in negotiations of the regional ASEAN-EU FTA in March 2009, the Council in December 2009 gave the
More informationITALY S EXPORT PLAN TARGET : over 600 billion euros. Rome, January 16, 2013
ITALY S EXPORT PLAN 2015 TARGET : over 600 billion euros Rome, January 16, 2013 Executive Summary In 2012 exports confirmed their role as major economic development engine while economic problems still
More informationRegional Economic Integration of the Republic of Moldova: Opportunities and Challenges
Regional Economic Integration of the Republic of Moldova: Opportunities and Challenges Octavian CALMÎC, Deputy Minister of Economy of the Republic of Moldova, Chişinău 2015 Republic of Moldova: geo - economic
More informationUNION OF MANUFACTURERS AND BUSINESSMEN (EMPLOYERS) OF ARMENIA
UNION OF MANUFACTURERS AND BUSINESSMEN (EMPLOYERS) OF ARMENIA UNION OF MANUFACTURERS AND BUSINESSMEN (EMPLOYERS) OF ARMENIA The UMB(E)A is a not-for-profit non-governmental organization that unites businessmen
More informationMANUFACTURING PROPERTY TAX ADJUSTMENT CREDIT
MANUFACTURING PROPERTY TAX ADJUSTMENT CREDIT REPORT TO THE JOINT COMMITTEE ON GOVERNMENT AND FINANCE July 1, 2014 Submitted by: West Virginia State Tax Department Mark W. Matkovich State Tax Commissioner
More informationHow Much, With Whom and What Does the US Trade? It is important to remember that trade includes both Goods and Services.
How Much, With Whom and What Does the US Trade? It is important to remember that trade includes both Goods and Services. In 2016 1 : The US exported $1.5 trillion in Goods and $750 billion in Services
More informationPolicy Brief Round 2: Trading Partners Respond
Policy Brief Round 2: Trading Partners Respond The Estimated Impacts of Tariffs on Steel and Aluminum March 13, 2018 Trade Partnership Worldwide, LLC/ The Trade Partnership www.tradepartnership.com By
More informationCRS Report for Congress
Order Code RS21387 Updated January 3, 2005 CRS Report for Congress Received through the CRS Web United States-Southern African Customs Union (SACU) Free Trade Agreement Negotiations: Background and Potential
More informationViet Nam a country undergoing a strong growth. Tran Thanh Hai Embassy of Viet Nam in Italy
Viet Nam a country undergoing a strong growth Tran Thanh Hai Embassy of Viet Nam in Italy Contents Overview of Viet Nam economy Bilateral economic and trade links Favourable environment for investors 2
More informationOleg Ustenko, Julia Segura, Valentyn Povroznyuk Edilberto L. Segura
Executive Summary Ukraine successfully completed the first round of the presidential elections on 31. The rate of participation in the first round was high and reached 63%. The elections were regarded
More informationExit from the Euro? Provisional firstimpact effects for Italy with INTIMO. Rossella Bardazzi University of Florence
Exit from the Euro? Provisional firstimpact effects for Italy with INTIMO Rossella Bardazzi University of Florence 1 Outline Competitiveness and macroeconomic imbalances in EU countries Some Italian facts
More informationNew US tax/tariff proposals and their impact on the US automotive industry. Study
New US tax/tariff proposals and their impact on the US automotive industry Study Detroit/Munich, March, 2017 Executive summary The border tax proposals introduced by the new US administration would add
More informationTax Reforms in Georgia
April 12, 2011 Country Overview Area Population (beginning of 2009) Population (beginning of 2010) Birth Rate (per thousand population) in 2009 Mortality rate (per thousand population) in 2009 Life expectancy*
More informationAzerbaijan Export and Investment Promotion Foundation. Azerbaijan Country Presentation
Azerbaijan Country Presentation Basics Establishment: 28 May 1918 Independence: 18 October 1991 Area: Population: Official Language: Government system: Membership in: 86.6 thsd km2 9.48 million Azerbaijani
More informationTRADE PREFERENCE INDEX
TRADE PREFERENCE INDEX Maria Cipollina (Università del Molise) David Laborde (International Food Policy Research Institute) Luca Salvatici (Università del Molise) Agricultural, Food and Bio-energy Trade
More informationCANADA BELARUS BELARUS S PROFILE NOTES. Florian Richard
BELARUS S PROFILE Economic Indicators Gross domestic product (GDP) at purchasing power parity (PPP): US$171.7 billion (2016) GDP per capita at PPP: US$18,100 (2016) Population: 9.5 million (2016) International
More informationMID-TERM EVALUATION OF THE EU S GSP: PRESENTATION OF THE MAIN FINDINGS
MID-TERM EVALUATION OF THE EU S GSP: PRESENTATION OF THE MAIN FINDINGS Civil Society Dialogue Wednesday 7 November 2018 This project is financed by and executed by DEVELOPMENT Solutions. Any views expressed
More informationPreliminary Annual. National Accounts. Preliminary Annual National Accounts 2016
Preliminary Annual National Accounts 2016 Preliminary Annual National Accounts 2016 1 Mission Statement In a coordinated manner produce and disseminate relevant, quality and timely statistics that are
More informationTRADE IN GOODS OF BULGARIA WITH EU IN THE PERIOD JANUARY - JUNE 2018 (PRELIMINARY DATA)
TRADE IN GOODS OF BULGARIA WITH EU IN THE PERIOD JANUARY - JUNE 2018 (PRELIMINARY DATA) In the period January - June 2018 the exports of goods from Bulgaria to the EU increased by 10.7% 2017 and amounted
More information