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Comoros Export
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Comoros Export



Comoros (06/05)

Export.gov provides a portal to all export-related assistance and market information offered by the federal government and provides trade leads, free export counseling, help with the export process, and more. ...

Over the centuries, the islands were invaded by a succession of diverse groups from the coast of Africa, the Persian Gulf, Indonesia, and Madagascar. Portuguese explorers visited the archipelago in 1505. "Shirazi" Arab migrants introduced Islam at about the same time. Between 1841 and 1912, France established colonial rule over Grande Comore, Anjouan, Mayotte, and Moheli and placed the islands under the administration of the governor general of Madagascar. Later, French settlers, French-owned companies, and wealthy Arab merchants established a plantation-based economy that now uses about one-third of the land for export crops. After World War II, the islands became a French overseas territory and were represented in France's National Assembly. Internal political autonomy was granted in 1961. Agreement was reached with France in 1973 for Comoros to become independent in 1978. On July 6, 1975, however, the Comorian parliament passed a resolution declaring unilateral independence. The dep ... [Read More]

Comoros

There are no export processing zones. ...

The economy was market-based. The country's population was approximately 600,000. The economy was primarily agricultural, dominated by subsistence farming and the production of vanilla, ylang-ylang (a precursor to perfume), and cloves. The rate of economic growth was estimated to be 2.3 percent in 2003. Wages have kept pace with inflation, but the price of vanilla, the main export, has fallen dramatically in recent years, seriously impacting economic growth. The country depended heavily on remittances and foreign assistance. ... [Read More]

Comoros

The Union of Comoros is an emerging democracy ruled by President Azali Assoumani, who took power in a coup in April 1999 and subsequently was elected in April 2002 presidential elections described by international observers as free and fair. The country consists of three islands (Grande Comore, Anjouan, and Moheli) and claims a fourth, Mayotte, which is governed by France. Legislative elections, scheduled for March, did not take place during the year. A December ministerial meeting resolved the few remaining issues pertaining to national reconciliation. Among the issues decided at the reconciliation talks was the date for legislative assembly elections, after which a committee will be formed to draft a new constitution. Local elections for the three islands are scheduled to take place in March 2004 with National Elections scheduled for April 2004. The Constitution provides for an independent judiciary, and it was independent in pra ... [Read More]

Comoros

There are no export processing zones. ... [Read More]

USIS Washington File: WORLD BANK REPORTS LDC DEBT LEVELS UP SLIGHTLY IN 1997

Latin America and the Caribbean: Total long-term external debt rose 4 percent to $538,000 million, mainly because of a sharp increase in the outstanding stock of bonds, which accounts for almost half the total. The debt indicators are mixed. The debt-to-export ratio fell from 198 percent in 1996 to 193 percent in 1997 and remains far below the 245 percent annual average for 1990-95. However, the average debt service-to-export ratio was 34 percent in 1997, well above the 26 percent average in 1990-95. Eight of the 14 countries classified as severely indebted middle-income countries are in this region. The debt-to-export ratios of Argentina and Brazil approach 300 percent. Bolivia and Guyana have been reviewed by the IMF and World Bank executive boards for HIPC debt relief and, assuming good economic performance, may soon be eligible for debt relief of up to $1,042 million, the report said. It said that the eligibility of Honduras and Nicaragua for HIPC relief will be reviewed at ... [Read More]

Madagascar (06/05)

Export.gov provides a portal to all export-related assistance and market information offered by the federal government and provides trade leads, free export counseling, help with the export process, and more. ...

Trade: Exports - (2003, f.o.b. $852 million): apparel, shrimp, vanilla, coffee, cloves, graphite, essential oils, industrial minerals and gemstones. Major export markets--U.S., France, Germany, Italy, Japan, EU. Imports (2003, c.i.f.) $1,3 billion--$1,464 million: foodstuffs, fuel and energy, capital goods, vehicles, consumer goods and electronics. Major suppliers--France, China, Hong Kong, Belgium, U.S. ... [Read More]

Major Money Laundering Countries

Jurisdictions where there is significant trade in or export of gold, diamonds and other gems. ... [Read More]

U.S. Department of State Human Rights Reports for 2002: Appendix E -- Economic and Security Assistance, Part 2, FY 2003

Export-Import Bank - Administrative ...

NADR Regional Export Controls ...

Export Control Program Administration ... [Read More]


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