EENI Global Business School

Business in Macedonia, Skopje, Macedonian Economy



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Syllabus of the Subject

Macedonian Foreign Trade and Economic Growth. Transport Corridors

  1. Introduction to the Republic of Macedonia (Southeast Europe, Balkans)
  2. Macedonian Economy
  3. Business in Skopje
  4. Macedonian International Trade
    1. Access to the Pan-European Corridor IX
  5. Investment in Macedonia
  6. Access to the Macedonian Market
  7. Business Plan for Macedonia

The objectives of the subject “International Trade and Business in Macedonia” are the following:

  1. To analyze the Macedonian Economy and Global Trade
  2. To know the business opportunities in the Macedonian Market
  3. To analyze the trade relations of Macedonia with the country of the student
  4. To know the Macedonian Trade Agreements
  5. To develop a business plan for the Macedonian Market

Online Student Master in International Business

The Subject “Foreign Trade and Business in Macedonia” belongs to the following Online Programs taught by EENI Global Business School:

Doctorate: World Trade.

Doctorate in International Business (DIB) Online

Masters: International Business, Foreign Trade.

Masters in International Business and Foreign Trade (MIB)

Macedonia, Masters, International Business Trade Master adapted to the Macedonian Students.

Languages: Masters, Doctorate, International Business, English + Study Master Doctorate in International Business in Spanish Macedonia Study Doctorate in International Business in French Macedoine Masters Foreign Trade in Portuguese Macedónia.

  1. Credits of the Subject “Doing Business in Macedonia”: 1 ECTS
  2. Duration: one week

Foreign Trade and Business in CEFTA Countries

International Trade and Business in Macedonia

Market Access - Free Trade Agreements

Macedonian Preferential Access and Trade Agreements:

  1. Macedonia and the Orthodox Economic Area
  2. Central European Free Trade Agreement (CEFTA)
  3. Central European Initiative
  4. Regional Cooperation Council
  5. Black Sea Economic Cooperation
  6. Macedonia-European Union
    1. Stabilization and Accession Agreement
    2. EU-Western Balkans
    3. EU Enlargement
  7. Macedonia-EFTA States Agreement
  8. Macedonia-Ukraine Agreement
  9. Macedonia-Turkey Agreement
  10. UK-Macedonia Free Trade and Economic Integration Agreement

Trade Facilitation Programs. TFA Agreement

  1. WTO
    1. 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
  3. Chicago Convention (ICAO)
  4. IMO
    1. Convention for Safe Containers
    2. Istanbul Convention
  5. Customs Convention on Containers - not a member
  6. COTIF Convention (Rail)
  7. Convention on the Harmonization of Frontier Controls of Goods
  8. IRU
    1. TIR Convention
    2. Guidelines on Safe Load Securing for Road Transport
  9. ICC
  10. Is not a member of the WCO
    1. Revised Kyoto Convention

European Organizations:

  1. UNECE
  2. OSCE

Globalization and International Organizations

  1. UN
    1. UNCTAD
    2. ITC
    3. WIPO
  2. WB
  3. WTO
  4. IMF

  1. Macedonian Capital: Skopje
  2. Official Language of Macedonia: Macedonian
  3. Macedonian Area: 25,713 km²
  4. Macedonian Population: 2.1 million people
  5. Type of Government: Parliamentary Republic
  6. Macedonia is a landlocked country
  7. Borders of Macedonia: Albania, Bulgaria, Greece, Kosovo and Serbia
  8. Independence of Macedonia: 1992 (Yugoslavia)

Religion in Macedonia: Orthodoxy (Christianity).

  1. Islam: 25%

Orthodox Christianity, Ethics and Global Business

Macedonia belongs to the Orthodox Economic Area


Macedonian Economy.

  1. The Republic of Macedonia has experienced one of the highest economic growth rates in Europe with an average of 4% (even during the political crisis) making it comparable to countries like Romania or Poland
  2. Greece is one of the main investors in Macedonia
  3. Macedonian GDP (nominal): 10,198 million dollars;
    1. Agriculture: 10%
    2. Industry: 25%
    3. Services: 65%
  4. GDP per capita of Macedonia: 4,461 dollars
  5. Currency of Macedonia: Macedonian Denar
  6. Macedonia is an official candidate country for access to the EU
  7. Macedonia has demonstrated in the recent years a very strong commitment to the economic reforms, the principles of free trade and regional integration
  8. Macedonia has the best Index of Economic Freedom in the region
  9. Top Macedonian Industries: foods, beverages, textiles, chemical products, iron, steel, cement, energy, pharmaceutical products

Foreign Trade (Importing, Exporting)

Macedonian Foreign Trade.

  1. The main Macedonian Exports are foods, beverages, tobacco, textiles, manufactures, iron, steel, automotive parts, buses
  2. Top Macedonian exports destinations: Germany (33%), Kosovo, Bulgaria, Greece 4.5%
  3. The main Macedonian Imports are machinery and equipment, cars, chemical products, fuels, food products
  4. The main suppliers of Macedonia are Germany (16%), the UK, Greece, Serbia, Bulgaria, Turkey

(c) EENI Global Business School (1995-2024)
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