Business in Grenada. Grenadian Economy

1. Introduction to Grenada (the Island of Spice)
2. Doing Business in St. George's
3. Grenadian Economy
4. Grenadian Foreign Trade
5. Transport and Logistics
6. Business Opportunities in Grenada
7. Access to the Grenadian market
8. Business Plan for Grenada

The educational aims of the Subject «Doing Business, Trade and Transport in Grenada» are:

1. To analyze the economy and Grenadian Foreign Trade
2. To conduct research on business opportunities in Grenada
3. To research the trade relations of Grenada with the student's country
4. To know Trade Agreements of Grenada
5. To develop a business plan for the Grenadian market

The Subject «Foreign Trade, Logistics and Business in Grenada» is included within the curriculum of the following academic programs at EENI Global Business School:

Masters: International Business, Foreign Trade.

Doctorate: World Trade.

Languages ( Granada Granada Grenada).

Preferential Access and Trade Agreements of Grenada:

1. Grenada and the Caribbean Economic Area
2. Association of Caribbean States
3. CARICOM
   1. CARIFORUM-EU Agreement
   2. Colombia-CARICOM Agreement (Grenada)
   3. CARICOM-Dominican Republic Agreement
   4. Costa Rica-CARICOM Agreement (Grenada)
4. Caribbean Basin Initiative
   1. The United States-Caribbean Basin Trade Partnership Act
5. Latin American and Caribbean Economic System
6. Caribbean-Canada Trade Agreement
7. UK-CARIFORUM Free Trade and Economic Integration Agreement

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. BIC (Containers)
3. Chicago Convention (ICAO)
4. International Maritime Organization

American Trade and Economic Organizations. Grenada is a member of...

1. Community of Latin American and Caribbean States (CELAC)
2. Organization of American States (OAS)
3. Economic Commission for Latin America (ECLAC)
4. Inter-American Development Bank

Global Organizations:

1. Commonwealth
2. United Nations
3. World Bank
4. World Trade Organization (WTO)
5. International Monetary Fund
6. ...

1. Grenadian Capital: St. George's
2. Largest cities: St. George's, Grenville and Gouyave
3. Parishes: Saint Patrick, Saint Andrew, Saint David, St. George's, Saint John and Saint Mark
4. Smaller Grenadians: Carriacou, Petite Martinique, Ronde Island, Caille Island, Diamond Island, Large Island, Saline Island, and Frigate Island
5. Carriacou Islands (Hillsborough) and Petite Martinique belong to Grenada
6. Grenada does not share land borders with any country
7. Nearest countries to Grenada by sea: Saint Vincent and the Grenadines, Trinidad and Tobago and Venezuela
8. Area of Grenada: 344 km²
9. Population of Grenada: 110,000 inhabitants
   1. Grenadian Population density: 260 inhabitants / km²
10. Official language of Grenada: English (Grenadian Creole)
    1. French Creole is also used
11. Abolition of Slavery in Grenada: 1834
12. Climate of Grenada: tropical
13. 1498: discovery by the Spanish (Conception)
14. 1650-1762: French colonization
15. 1762: British colonization
16. 1983: Invasion by the United States
17. Type of government: Constitutional monarchy (Queen Elizabeth II, Commonwealth)
18. Grenada became independent from the United Kingdom in 1967

Main religion in Grenada: Christianity - Catholicism (53% of the Grenadian population).

Grenada belongs to the Caribbean Economic Area.

Grenadian Economy.

1. 1980: socialist system
2. Serious external debt problems
3. Small production of beverages, food and textiles
4. Grenadian Currency: East Caribbean dollar (XCD)
5. Country code top-level domain of Grenada:.gd

Grenadian Foreign Trade

1. Main Exports of Grenada: nutmeg, electronic component assembly, bananas, cocoa, fruits and vegetables, clothing
2. Main export markets of Grenada: Nigeria, Saint Lucia, Antigua and Barbuda, Saint Kitts and Nevis, Dominica, the United States
3. Main imports of Grenada: food, manufactured products, machinery, chemicals, and fuels
4. Largest providers of Grenada: Trinidad and Tobago, the United States, Israel, the European Union
5. Main port: St. George's
6. Maurice Bishop International Airport