Djibouti: an economy based on services (marine transport and telecommunications). Access to the Ethiopian Market.
The Republic of Djibouti
wishes to leverage its strategic position to be a regional hub for International Trade, financial services, and telecommunications
This small country (890,000 inhabitants) is also characterized by a
unique climate of security in this region
Around the Port of Djibouti and the Djibouti-Ethiopia Railway; it has been
developed other key sectors: banking, insurance, and
Distribution
Introduction to the Republic of Djibouti (East Africa)
Djiboutian Economy
International Trade of Djibouti
Transport and Logistics
Telecommunications and New Technologies in Djibouti
Investment in Djibouti
Access to the Djiboutian Market
Business Plan for Djibouti
Sample:
The educational aims of the Subject “Foreign Trade, Logistics and Business in Djibouti” are:
To analyze the Djiboutian Economy, Logistics and Global Trade
To conduct research on business opportunities in Djibouti
To explore the Djiboutian trade relations with the student's country
To learn about Djiboutian Trade Agreements
To analyze the importance of the Port of Djibouti
To develop a business plan for the Djiboutian Market
The Subject “Foreign Trade, Logistics and Business in Djibouti” is included within the curriculum of the following academic programs at EENI Global Business School:
Greater Arab Free Trade Area (GAFTA) - not a member
World Trade Organization (WTO)
Agreement on Trade in Services (GATS)
Agreement on the Application of Sanitary Measures
Agreement on Technical Barriers to Trade
Agreement on Preshipment Inspection
Agreement on Safeguards
Trade Facilitation Agreement
Is not a member of WCO
Kyoto Convention
Islamic Organizations. Djibouti is a member of:
Arab League
Afro-Arab Cooperation
Arab Bank for Africa (BADEA)
Organization of Islamic Cooperation (OIC)
Committee for Economic Cooperation (OIC)
Islamic Chamber of Commerce
Statistical, Economic and Social Research and Training Centre for Islamic Countries
Islamic Development Bank
Asia-Middle East Dialogue (Djibouti)
Summit of South American-Arab Countries (Djibouti)
Economic Commission for Africa
African Union
AU Convention on Preventing and Combating Corruption (not signed)
AUDA-NEPAD
African Development Bank
Africa-Asia Partnership
Africa-Korea Partnership
Africa-Japan Cooperation
Africa-South America Summit
Africa-BRICS
United Nations
World Bank
World Trade Organization (WTO)
International Monetary Fund
Djibouti has a strategic location in the Horn of Africa.
The Republic of Djibouti has an advantaged strategic location in the Horn of Africa and serves as a link for the interconnection with other
member countries of COMESA.
After the independence, the Republic of Djibouti built a legal system based partly on the Islamic Law
The Constitution of Djibouti states Islam as the only religion of the State, while it
provides the equality of citizens of all faiths (Article 1) and freedom of
Religious practice (Article 11)
Djibouti belongs to East African Economic Area.
Djiboutian Economy:
Djibouti has created an enabling a good environment for Foreign Direct Investment
Djibouti, as other city-states like Singapore and Mauritius, wishes to take profit of its strategic position to become a regional centre in financial, logistics, and telecommunications sectors
Main trading partner of Djibouti is France; but like the rest of Africa, China is every day more important in Djibouti
The Republic of Djibouti offers access to many regional markets for enterprises seeking to expand their business
Djibouti has preferential access to the countries of COMESA, Intergovernmental Authority on Development (IGAD), Arab world, the markets of EU, and the United States (AGOA)
The Djiboutian economy depends on the services sector (87% of GDP)
The Economic Growth of the port of Djibouti also has been allowed by substantial foreign investment from the United Arab Emirates;
in 2000, Dubai Ports (the third world port operator), has obtained the control of the port
Headquarters of the Intergovernmental Authority on Development (IGAD)