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Welcome to Antigua And Barbuda B2B Marketplace

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What Our Online B2B Marketplace Members Say About Us

Antigua and Barbuda





A small, developing nation in the Caribbean, Antigua, and Barbuda. The services industry makes up the majority of its economy. In recent years, GDP growth has slowed to -4.2% annually (2008-12). Antigua and Barbuda's economy is centered on tourism, which has been a successful industry over the past few decades, leading to a GNI per capita of US$12480 (2012).


Tourism and financial services, which together make up more than three-quarters of the national economy, are the major contributors to GDP. More than half of the GDP is directly or indirectly attributed to tourism, which is also the main source of foreign cash for Antigua and Barbuda.


Due to the state's status as one of the most popular tourist destinations in the Caribbean, it directly supports 5,000 jobs and 18% of the overall labor force (World Tourism and Travel Council, 2011). Despite the frequent hurricanes and other natural disasters that plagued the business in the 1990s and 2000s, it still reigns as the sector of choice.



Measuring the growth




The growth of this industry has contributed to the expansion of the telecom and construction industries. It is generally simple to obtain permits for new firms, and international investment is encouraged. There are many other languages spoken in the island state, but English is still the most common.


Antigua and Barbuda is a desirable country for foreign investment, according to the World Bank's ''Doing Business 2012'' assessment, as it is ranked 29th out of 183 in the category.


The Eastern Caribbean Currency Union includes Antigua (ECCU). For all ECCU members, the Eastern Caribbean Central Bank (ECCB) issues the East Caribbean Dollar as a common currency. Additionally, the ECCB oversees and controls commercial banking operations in its member nations as well as maintains monetary policy.


Business prospects in Antigua and Barbuda




Antigua and Barbuda businesses might be a terrific way to earn extra cash. It's crucial to pick the best business to launch in Antigua and Barbuda because there are many to select from. Before beginning a business in Antigua and Barbuda, there are a few factors to think about, including your geography, your budget, and your experience.


Look at small-scale businesses if you want a venture that is simple to launch and manage. These companies often have little overhead expenses, making them more cost-effective than more expensive companies. Also, compared to larger companies, small firms frequently have a smaller customer base, so you will need to concentrate on cultivating relationships with future clients.


Business in Antigua and Barbuda might not be as inexpensive as other kinds of enterprises. Yet, if you have the perseverance and skill set required to launch a successful business, they can be a fantastic alternative.



Why explore Antigua and Barbuda B2B marketplace




Antigua and Barbuda's B2B marketplace is booming, and it has become one of the fastest growing in the world. To continue this growth and diversify its economic and industrial sectors, the government is working hard. Several investors and corporate groups have focused their attention on this most recent economic growth to increase their presence in Bhutanese markets.


The tactics and practices of the established business sector have drastically collapsed. A few decades ago, this conventional business environment was upgraded. Since then, corporate strategy and operations have gotten a lot simpler and easier.


The Antigua and Barbuda B2B marketplace portals have not only addressed common business issues, but they also give you access to new and enhanced solutions for all of your business concerns.


Get in Touch Today!




To reach us for queries or suggestions, you can email us around the clock at [email protected]. Or, dial +1-214-306-7737 to have a quick chat about how you can connect with top American manufacturers and become a well-known international business.
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