Mauritania Business
• Main exports: Iron ore, fish and fish products and gold.
• Main imports: Machinery and equipment, petroleum products, capital goods, food and consumer goods.
• Main trade partners: China, France, Italy, USA and Belgium.
Economy
Mining is Mauritania's principal industry. There are plans to exploit the country's copper reserves, which were long thought uneconomic, as well as newly located diamond deposits. Offshore drilling for oil and gas fields has begun.
Nonetheless, Mauritania's financial position remains precarious and it will remain an exceptionally poor country for the foreseeable future and a major aid recipient, with other Arab countries as the main donors. The economy grew by 5.4% in 2005; inflation was 17.1% in the same year.
Business Etiquette
Office hours: Sun-Thurs 0800-1500.
Business Contacts
Avenue de la Republique, BP 215, Nouakchott, Mauritania
Tel: 252 214.
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