International Trade in the Comoros

International Trade in Comoros

The Comoran economy is in crisis, due to the country's political instability, bad public finances management and its natural handicaps. After experiencing a growth of 1.8% in 2009, the country's economy was stagnating at 2.1% in 2010 and the previsions for the coming years are hardly more... Read more

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Market Analyses About the Comoros (22)

Import and Export Services in the Comoros (9)

  • Atlantica Translation Company

    Atlantica Translation Company

    Translation Services, the Comoros

    Professional Translation Services English to Russian, Russian to English: — marketing translation — technical...
  • Heritage Destination Consulting Ltd

    Heritage Destination Consulting Ltd

    Tourism Consulting, the Comoros

    International Heritage Interpretation & Heritage Tourism Destination Consultants Heritage Destination Consulting...

Business Tips About the Comoros (13)

Agents and Distributors in the Comoros (0)

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Overview About International Trade in the Comoros

Economic Overview

The Comoran economy is in crisis, due to the country's political instability, bad public finances management and its natural handicaps. After experiencing a growth of 1.8% in 2009, the country's economy was stagnating at 2.1% in 2010 and the previsions for the coming years are hardly more optimistic.

Under the agreement with the IMF under the Extended Credit Facility framework, the program implemented by the authorities focuses on the promotion of FDI towards tourism and transportation between islands, increased spending on education and health care, fiscal consolidation, acceleration of measures promoting payroll control and improving the efficiency of public utilities. Improving the business climate is also a priority.

Comoros is one of the poorest countries in the world, with general under-employment and a literacy rate of 68%.

 

FDI in Figures

The current FDI inflows remain low despite tax concessions and benefits offered by the government.

The potential of FDI on a national level undergoes a setback due to the poor quality of its infrastructures (outdated ports, transportation roads in mediocre condition), permanent political instability and the limited scale of th...

News Related to International Trade in the Comoros

  • Southern Africa: Burundi, Comoros Apply for Membership to SADC - Mar 04, 2017

    [East African] Burundi could join Tanzania as a member of the Southern African Development Community, a move that complicates the direction the East Africa Community takes for the remaining phases of integration.

    Source: All Africa - Southern Africa

  • Tanzania/Comoros: Yanga CAF Opponent Ngaya Arrive - Feb 18, 2017

    [Daily News] Young Africans opponents in the CAF Champions League, Comoro's Ngaya de Mde jetted into the country yesterday, ready for their preliminary round, return leg match to be held at the National Stadium in Dar es Salaam tomorrow.

    Source: All Africa