St Vincent and the Grenadines Business
• Main exports: Bananas, eddoes and dasheen (taro), arrowroot starch and tennis rackets.
• Main imports: Food, machinery and equipment, chemicals and fertilisers, minerals and fuels.
• Main trade partners: EU, Barbados, St Lucia and Trinidad and Tobago.
Economy
Tourism is the other main component of the economy. By regional standards, this was relatively late to evolve and was initially hampered by the lack of a suitable infrastructure. This was addressed with the help of aid from the European Union and the industry is now growing rapidly: the most recent figures record its contribution to the economy at US$90 million. A small manufacturing sector and an embryonic ‘offshore’ financial services industry complete the country’s economic inventory.
Business Etiquette
Government office hours: These vary from department to department but generally Mon-Fri 0800-1615, with some opening for a few hours Saturday morning.
Conferences & Conventions
Business Contacts
PO Box 134, Coreas Building, Hillsborough Street, Kingstown, St Vincent
Tel: 457 1464.
Website: www.svgcic.com
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