Antigua and Barbuda Business
• Main exports: Petroleum products, manufactured goods, food and livestock and machinery and transport equipment.
• Main imports: Food and live animals, machinery, manufactured goods, chemicals and oil.
• Main trade partners: Barbados, Guyana, Trinidad & Tobago, USA and Canada.
Economy
Fears of an over-reliance on tourism and finance have led the government to try and diversify the economy into manufacturing, agriculture and fishing. Internet gaming is playing an important role in the diversification and expansion of the services sector. A final source of revenue for the government is the rent on two US military bases.
Despite these measures, national debts are high. The 2005 budget included cuts to the public service salary and the reintroduction of income tax. Antigua & Barbuda has large trade and balance of payments deficits and relies heavily on foreign aid.
Business Etiquette
Office hours: Mon-Fri 0800-1200 and 1300-1630.
Government office hours: Mon-Thurs 0800-1600, Fri 0800-1500.
Conferences & Conventions
Business Contacts
PO Box 80, Redcliffe Street, St John's, Antigua
Tel: 462 1033.
Antigua & Barbuda Chamber of Commerce and Industry Ltd
PO Box 774, Corner of Popeshead Street and North Street, St John’s, Antigua
Tel: 462 0743.
Alexander Parrish (Antigua) Ltd (Information on Conferences/Conventions)
PO Box 45, Travel Department, Redcliffe Street, St John’s, Antigua
Tel: 462 0638.
Website: www.apalantigua.com
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