Bahamas Business
• Main exports: Salt, aragonite, chemicals, fish, fruit and vegetables and beverages.
• Main imports: Foodstuffs, manufactured goods, vehicle parts, hotel, restaurant and medical supplies and electronics.
• Main trade partners: USA, EU, Canada, Venezuela and Netherlands Antilles.
Economy
A sizeable offshore banking sector accounts for around 15% of GDP, although the financial sector has come under pressure since the Organisation for Economic Cooperation and Development (OECD) instigated a tightening up of monetary laws. According to the IMF, the future looks bright for the Bahamas, with GDP set for 4% growth in 2008 in real terms – despite the financial woes of the US.
Business Etiquette
Office hours: Mon-Fri 0900-1700.
Conferences & Conventions
Business Contacts
Shirley Street and Collins Avenue, Freeport, Grand Bahama, Bahamas
Tel: 322 2145.
Website: www.thebahamaschamber.com
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