Background
Independent
from France in 1960, Mauritania annexed the southern third of the
former Spanish Sahara (now Western Sahara) in 1976, but relinquished it
after three years of raids by the Polisario guerrilla front seeking
independence for the territory. Opposition parties were legalized and a
new constitution approved in 1991. Two multiparty presidential
elections since then were widely seen as flawed, but October 2001
legislative and municipal elections were generally free and open.
Mauritania remains, in reality, a one-party state. The country
continues to experience ethnic tensions between its black minority
population and the dominant Maur (Arab-Berber) populace.
Half
the population still depends on agriculture and livestock for a
livelihood, even though most of the nomads and many subsistence farmers
were forced into the cities by recurrent droughts in the 1970s and
1980s. Mauritania has extensive deposits of iron ore, which account for
half of total exports. The decline in world demand for this ore,
however, has led to cutbacks in production. The nation's coastal waters
are among the richest fishing areas in the world, but overexploitation
by foreigners threatens this key source of revenue. The country's first
deepwater port opened near Nouakchott in 1986. In the past, drought and
economic mismanagement resulted in a buildup of foreign debt. In
February, 2000, Mauritania qualified for debt relief under the Heavily
Indebted Poor Countries (HIPC) initiative and in December 2001 received
strong support from donor and lending countries at a triennial
Consultative Group review. Mauritania withdrew its membership in the
Economic Community of West African States (ECOWAS) in 2000 and
subsequently increased commercial ties with Arab Maghreb Union members
Morocco and Tunisia, most notably in telecommunications. In 2001,
exploratory oil wells in tracts 80 km offshore indicated potential
viable extraction at current world oil prices. However, the refinery in
Nouadhibou historically has not exceeded 20% of its distillation
capacity, and it handled no crude in the year 2000. A new Investment
Code approved in December 2001 improved the opportunities for direct
foreign investment.
Holidays Jan 1 - New Year's Day Jan 21* - Tabaski (Feast of the Sacrifice) Feb 10* - Islamic New Year Mar 8 - Women's Day Apr 21* - Mouloud (Prophet's Birthday) May 1 - Labour Day May 25 - African Liberation Day (Anniversary of the OAU's Foundation) Jul 10 - Armed Forces Day Nov 14-16* - Korit (End of Ramadan) Nov 28 - Independence Day
Ps:
Muslim festivals(*) are timed according to local sightings of various
phases of the moon and the dates given above are approximations.
Phone Codes
Country Code: 222 There are no area codes
Resources
Market Research
CIA - The World Factbook - Islamic Republic of Mauritania This
website indicates a wide range of detail information about Mauritania
by introducing under 8 different fields as its geography, people,
government, economy, communications, transportation, military,
transnational issues.
About Mauritania There
is available to find out Mauritania's general outlook on the issues of
its social and business profile, passport/visa, money, accommodation,
government, duty free, health and so forth.
Mauritania Business Mbendi
serves as business oriented directory providing an ultimate African
Business Source for the potential investors seeking new business
opportunities in Mauritania including the list of industries for
Mauritania.
Business Directory - Mauritania Wow-directory
offers business resources and services by creating cross-referenced
categories in business opportunities for Mauritania as business to
business, classifieds, cooperatives, directories, organizations &
trade.
Doing Business in Mauritania World
Bank represents a snapshot of the business climate in Mauritania by
identifying specific regulations and policies that encourage or
discourage investment, productivity, and growth related to Mauritania.
U.S. Department of State: Country Commercial Guide: Mauritania The
country commercial reports are prepared annually by U.S. Embassies with
the assistance of several U.S. Government agencies that basically
offers a comprehensive outlook at Mauritanian commercial environments,
using economic, political, and market analysis.
Business in Mauritania This
website provides an extensive information gateway for Mauritania in
terms of doing business with Eritrea, legal guides to establishing
business in Mauritania and so forth.
Business Opportunities - Mauritania This
website supplies cross-referenced categories in business opportunities
of Mauritania under by affiliate programs, communication, franchises
and MLM & network marketing.
Mauritania News There is available to find out Mauritania business, economic and political news sponsored by Topix.net.
Mauritania - INDEX There
is available to find out a list of sites were you can expect to find
specific information about Mauritania when searching their database on
the word "Mauritania".
U.S. Department of State - Bureau of Consular Affairs - For Mauritania U.S.
Bureau of Consular Affairs creates a wide range of research named as
Consular Information Sheet about Mauritania in terms of analyzing its
social, political, cultural & economic environments.
World Trade Organization(WTO) : Mauritania World
Trade Organization(WTO) supplies the trade policy reviews of republic
of Mauritania in order to display the recent economic and business
developments realized after introducing the economic improvement
packages by WTO.
Trade Information
Mauritania Chamber of Commerce & Industry There is available to get information about Mauritania Chamber of Commerce's contact address.
Embassy Listings For Mauritania There are listed the embassies of Islamic Repulic of Mauritania including the embassies' contact information.
Mauritania Government Online It
displays the structure of Mauritanian government by looking at its
national institutions, political units, branches, ministries and so
forth in details.
Selection of Websites - For Mauritania Export
Services creates a list of useful institutions, organizations, agencies
and so forth related to export & business in Mauritania by
providing contact information of the institutions, as well. |