Business in Albania, Tirana, Albanian Economy

1. Introduction to the Republic of Albania (Southeast Europe)
2. Albanian Economy: third chromium producer in the world
3. Doing Business in Tirana
4. Albanian Foreign Trade
5. Transport and logistics
6. Investment in Albania
7. Access to the Albanian Market
8. Business Plan for Albania

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

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

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

Masters: International Business, Foreign Trade.

Doctorate: World Trade.

Masters adapted to Albanian Students.

Languages: + Albania Albanie Albânia.

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

Albanian Preferential Access and Trade Agreements:

1. Albania and the Central Eurasian Economic Area
2. Central European Free Trade Agreement (CEFTA)
3. Black Sea Economic Cooperation
4. Central European Initiative
5. Adriatic-Ionian Initiative
6. RCC
7. Albania has not ratified the framework agreement of the Trade Preferential System (TPS-OIC)
8. Albania-Turkey Agreement
9. Albania-EFTA Agreement
10. Albania-EU Stabilization and Accession Agreement
    1. European Union-Western Balkans
    2. EUROMED

1. World Trade Organization (WTO)
   1. Agreement on Sanitary and Phytosanitary Measures
   2. Agreement on Trade in Services (GATS)
   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
3. Convention on the Harmonization of Frontier Controls of Goods
4. CMR Convention (UN)
5. COTIF Convention
6. BIC
7. Chicago Convention (ICAO)
8. International Maritime Organization (IMO)
   1. Convention for Safe Containers
   2. Istanbul Convention
9. Customs Convention on Containers - not a member
10. Organization for Cooperation between Railways (OSJD)
11. CIM, CIT Rail Rules
12. Hamburg Rules
13. International Road Transport Union (IRU)
    1. TIR Convention
    2. Guidelines on Safe Load Securing for Road Transport
14. International Chamber of Commerce

European Trade and Economic Organizations of Albania

1. Economic Commission for Europe (UNECE)
2. Organization for Security and Cooperation in Europe (OSCE)

1. Organization of Islamic Cooperation (OCI)
2. Islamic Development Bank
3. Albania is beneficiary of the Arab Development Funds

Global Organizations:

1. United Nations
2. World Bank
3. International Monetary Fund

1. Capital of Albania: Tirana
2. Official Language: Albanian
3. Area of Albania: 28,748 km²
4. Albanian Population: 2.7 million people
5. Type of Government: Parliamentary Republic
6. Borders of Albania: Greece, Montenegro, Kosovo and the Republic of Macedonia
7. Independence of Albania: 1912 (Ottoman Empire)
8. In 1991, the Socialist Republic of Albania became the Republic of Albania

Religion in Albania:

1. Islam (Sunnis): 79%
   1. Albania has signed the Cairo Declaration on Human Rights in Islam
   2. Fiqh (Islamic Jurisprudence): Fiqh-al-Hanafi
2. Orthodoxy (Christianity)

Albania, despite being an European country, we will also assign to Islamic Civilization (Central Eurasian Economic Area).

Albanian Economy.

1. The Republic of Albania is a transition Economy
2. During the communist period, Albania was the most closed and planned country of all, and its effects are still outstanding
3. The organized crime and corruption is a serious problem in Albania
4. Currency of Albania: Albanian Lek
5. Entry of foreign investment in sectors such as energy and Transport infrastructures
6. Main sectors of the Albanian Economy are agriculture, food processing, wood, petroleum, cement, chemical products, mining, base metals, hydroelectric power, tourism, textile industry, and footwear
7. Albania is rich in natural resources, has valuable copper, iron and nickel mines
8. Albania requested accession to the EU in 2009 (EU Enlargement)

Albanian Foreign Trade.

1. Albanian exports have increased by 300%
2. Main Albanian exports are textiles and footwear, asphalt, metals and metal minerals, petroleum, vegetables, fruits, and tobacco
3. Top Albanian exports destinations are Italy (43%), Kosovo, the United States, and China
4. Main Albanian imports are machinery, food Products, textiles, and chemical products
5. Main suppliers of Albania are Italy (33%), China, Greece, and Turkey