CEFTA - Central European Free Trade Agreement’s Post

Hello Helsinki, Hi Turku! 🙌 Ambassador of Finland to the UAE Tuula Yrjölä and Business Finland together with H.E. Amna Fikri, Ambassador of the United Arab Emirates to Finland, have the pleasure to invite Finnish companies interested in the United Arab Emirates (UAE), to a presentation of market opportunities, followed by an in-person discussion. With a strategic location, stable legal framework, and pro-business policies, the United Arab Emirates (UAE) is one of the fastest-growing economies in the region, with an expected growth rate of 4% in the coming years. As one of the world's top oil exporters, the UAE has accelerated its plans to diversify its economy away from hydrocarbons and attract foreign investment. Currently, non-oil GDP already represents over 70% of the total GDP contribution. The country boasts a young and rapidly growing population, projected to nearly double by 2040. Sign up for the Helsinki event on 3 September: https://lnkd.in/dsubGACh Sign up for the Turku event on 4 September: https://lnkd.in/dMYvMKG6

🍁 Happy Canada Day! 🍁 Wishing all Canadians near and far a Happy Canada Day! As we come together to celebrate our country, we can also mark a significant milestone in our relationship with Switzerland and Liechtenstein: the 15th anniversary of the coming-into-force of the Canada-EFTA (European Free Trade Association) Free Trade Agreement! It’s a day to reflect on our shared values and the progress we’ve made together. Canada and Switzerland have a strong bilateral trade relationship, and this agreement has been a testament to our commitment to furthering strong trade relations as well as mutual economic growth. In 2023, the two-way goods and services trade between our two countries reached CAD $18.3 billion. 🇨🇦🤝🇨🇭 📣 Did you know that there are 410 Swiss companies calling Canada their home, employing over 55,000 Canadians, and contributing $1 billion to our economy? These figures are not just numbers; they represent the collaboration and entrepreneurial spirit that drive our nations forward. Beyond this, and our bilateral trade in goods and services, Canada and Switzerland also share strong innovation agendas and cooperate with one another when possible. Image by G Poulsen on Pixabay

Why consider Albania for your next investment venture? 1️⃣ Competitive Costs: Benefit from lower operational costs, including labor and real estate expenses, compared to other European countries. 2️⃣ Skilled Workforce: Albania boasts a young, educated, and multilingual workforce, ready to meet the demands of various industries................... 💡 This and many more sectors and insights from : AIDA - Albanian Investment Development Agency with an amazing Albania Smart MAP #albaniaSmartMAP Discover Albania and get to know its investment projects and potential. 🇦🇱 🌎 🇦🇱 #businessopportunities #itcommunications #itconsulting #itcontracting #bposervices #bpobusiness #b2b #bposolutions #gbs #gbs2024 #venturecapital #startupsuccess #saas #ccsaas #consultingservices #outsourcingservices #outsourcingsolutions #outsourcing #outsourcingbenefits #outsourcingpartner #outsourcingcompany #albania #businessprocessoutsourcing #businessprocessmanagement

Bulgarian Exports Continue to Increase! Preliminary data reveals that in 2023, Bulgaria's exports of goods and services surpassed €57 billion, accounting for nearly 61% of the GDP. This positions the country as a leading export economy in the region. Moreover, this achievement highlights Bulgaria's economic diversity, with a strong emphasis on sectors such as tourism and IT. However, there remains a pressing need to invest in infrastructure and connectivity to improve exports. This highlights Bulgaria as an attractive market for foreign investments, presenting numerous business opportunities and long-term growth potential. 📈 #Bulgaria #ExportEconomy #InvestmentOpportunities #EconomicGrowth

𝗨.𝗦.-𝗧𝗵𝗮𝗶 𝗧𝗿𝗲𝗮𝘁𝘆 𝗼𝗳 𝗔𝗺𝗶𝘁𝘆: 𝗔 𝗣𝗮𝘁𝗵 𝗳𝗼𝗿 𝗔𝗺𝗲𝗿𝗶𝗰𝗮𝗻 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗶𝗻 𝗧𝗵𝗮𝗶𝗹𝗮𝗻𝗱 🇺🇸🇹🇭 Discover how the U.S.-Thai Treaty of Amity opens doors for American entrepreneurs looking to start a business in Thailand. 𝗢𝗽𝘁𝗶𝗼𝗻𝘀 𝗳𝗼𝗿 𝗦𝘁𝗮𝗿𝘁𝗶𝗻𝗴 𝗮 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 📜 Apply for a foreign business license. 🤝 Open a Thai limited company. 🗽 Use the U.S.-Thai Treaty of Amity for a company with American majority ownership. 𝗘𝘀𝘀𝗲𝗻𝘁𝗶𝗮𝗹𝘀 𝗳𝗼𝗿 𝗔𝗺𝗶𝘁𝘆 𝗧𝗿𝗲𝗮𝘁𝘆 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 🇺🇸 51% of shares and half of the directors must be American. 💵 Paid-up capital requirement: 2 million baht for non-restricted, 3 million for restricted activities. 𝗦𝘁𝗲𝗽𝘀 𝘁𝗼 𝗥𝗲𝗴𝗶𝘀𝘁𝗲𝗿 1. 📝 Register the company legally. 2. 🔏 Certify documents at the U.S. Embassy. 3. 🏢 Apply for a Foreign Business License. 𝗞𝗲𝘆 𝗥𝗲𝘀𝘁𝗿𝗶𝗰𝘁𝗶𝗼𝗻𝘀 🚫 Restricted sectors include communications, transportation, banking, land ownership, and certain trades. 𝗔𝗱𝗱𝗶𝘁𝗶𝗼𝗻𝗮𝗹 𝗖𝗼𝗻𝘀𝗶𝗱𝗲𝗿𝗮𝘁𝗶𝗼𝗻𝘀 🔄 Changing business activities may necessitate a new application. 📊 Paid-up capital and Thai employee regulations apply for work permits. ⚖️ Thai laws, like the Tourism and Tour Guide Act of 2008, may supersede treaty benefits.

🌟 GREAT NEWS ALBANIAN EXPORTERS ! 🌟 The Ministry of Economy,Culture,and Innovation has announced the  creation of a unique portal for Albanian exporters. This portal aims to provide comprehensive information  on opportunities in foreign markets,standards and certifications of products and services. The goal is to help Albanian exporters to meet European standards to become  more competitive in international markets. 🔍 Key Features of the Portal: ✅Detailed information on foreign market opportunities ✅Guidance on meeting European standards and certifications ✅Streamlined processes for obtaining necessary documentation The government is dedicated to assisting businesses in meeting these standards and is developing a portal specifically for exporters. Reference: Albanian Investment Council (IC) Meeting XXXIV. https://lnkd.in/djZEDg54 🚀 Launch Information: Albania's new portal, expected to launch at the end of October 2024, will offer a wide range of services for Albanian exporters, following the example of these countries. 📅 Mark Your Calendars: Get ready to leverage this new resource for your business growth! #AlbanianExports #MEKI #AlbanianBusiness #InternationalMarkets #GlobalTrade #ExportSuccess

Sustained Economic Growth - Opportunities for Investment in Croatia Borić & Partner shares the report of the Croatian Bureau of Statistics on the continued upward trend in Croatia's economy, with a notable 4.3% GDP growth in the fourth quarter of 2023. This consistent expansion over twelve quarters reflects the underlying strength and resilience of our economy. Significant growth in household consumption and government expenditure, complemented by vigorous activity in construction and service sectors, signals a fertile ground for investment. While exports have seen a downturn, strategic investments in the thriving domestic sectors present valuable opportunities. In the fourth quarter of 2023, the export of goods and services decreased in real terms by 4.4% and the import of goods and services by 7.1%. At Borić & Partner, we are equipped to guide our clients through the complexities of investing in this promising economic climate. For tailored advice on leveraging this economic momentum, connect with us. Link to the report: https://lnkd.in/dNDF7rvK #EconomicGrowth #InvestmentOpportunity #InvestmentinCroatia #LegalExpertise #BorićAndPartner #boriclaw

China agrees to visa-free travel for Swiss nationals 👏 China and Switzerland reaffirmed their commitment to strengthen the existing free trade agreement and enhance bilateral relations, according to the Swiss government. China's decision to offer visa-free access to more countries is crucial as it promotes economic growth through increased tourism and trade relations. #china #trade #business #visa

Export to Mexico as a 🇪🇸 Spanish SME 🚀 The world of business is constantly evolving, and for Spanish and 🇪🇺 European small and medium-sized enterprises (SMEs), there's a real opportunity on the horizon - exporting to Mexico. With a strong relationship with 🇲🇽 Mexico, Spain is the leading European investor and the second global investor in Mexico, having invested over 76,000 million since 1999. Despite Spain's significant investments, it represents only 1% of Mexico's foreign trade, leaving room for future growth. Spain also plays a key role as a bridge for trade relations with the rest of Europe and Mexico's newly elected government offers economic continuity and has among its challenges the renewal of the Global Agreement with the EU, which includes improvements to the existing Free Trade Agreement between Mexico and Europe (TLCUEM). This offers Spanish SMEs a market with growth potential and a strong bilateral relationship. Renewable energy and technology are sectors ripe with opportunities, and the nershoring generated by the logistical problems of supplying the North American market will create new manufacturing industries. In short, now is the time for European SMEs to seize the opportunity and explore the potential of exporting to Mexico. It's not just about expanding your business; it's about becoming part of a global production chain. At EuroLATAM Link we can offer you the support you need to achieve these goals, with a team of experts in #doingBUSINESSwithLATAM (in Latin America). Don't miss this opportunity to expand your horizons and take your business to the next level. LINK us today! Carlos ARAUJO CRUZ & Fernando MAGDALENO #DoingBUSINESSwithLATAM #businessEXPANSION #businessEVOLUTION #businessdevelopment #latinamerica #export #LATAM #networking #international #b2b #Mexico source: https://lnkd.in/eKVZe3P7