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Suriname

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Background

Independence from the Netherlands was granted in 1975. Five years later the civilian government was replaced by a military regime that soon declared a socialist republic. It continued to rule through a succession of nominally civilian administrations until 1987, when international pressure finally forced a democratic election. In 1989, the military overthrew the civilian government, but a democratically-elected government returned to power in 1991.

The roots of Republic of Suriname was relied on the Arowak tribe was inhabited from about 3000 B.C. . Suriname, located on the northeastern coast of South America, was settled by the Dutch and the British in the early 1600s. The first English settlers had taken place in the Suriname's history. After the peace treaty of Breda in 1667, it changed hand and Suriname became the Dutch colony. That status continued virtually unchanged (except for brief interludes of British control) until independence, which was achieved in 1975.

The abolishment of slave trade in Suriname was realized by the English in 1808 that was improved the position of the Surinamese slaves. Although on July 1, 1863 the Dutch were the last Europeans to abolish slavery, the Surinamese slaves were not completely free from 1863.

Suriname became independent on November 25, 1975 and the Netherlands agreed to support the young country for ten years with a total amount of four billion guilders. However, the cooperation between Suriname and The Netherlands collapsed when 15 political opponents were killed by the army on December 8, 1982.

In the first half of the 20th century the exploration of other natural resources of Suriname started. Gaining rubber, gold and bauxite became important for the economy of Suriname. Aluminium, made from bauxite, was very important for constructing airplanes.

Holidays

Jan 1 - New Year's Day
Mar 25* - Holi Phagwa; Good Friday
Mar 28* - Easter Monday
May 1 - Labour Day
Jul 1 - Abolition of Slavery Day
Nov 14-16* - Eid al-Fitr (End of Ramadan)
Nov 25 - Independence Day
Dec 25-26 - Christmas

Ps: These festivals' dates (*) given above are approximations which are subject to change every new year. Besides, Chinese, Jewish and Indian businesses will be closed for their own religious holidays.

Phone Codes

Country Code: 597
Outgoing International Code: 00
There are no area codes

Resources

Market Research

CIA - The World Factbook - Suriname
CIA exhibits a wide range of country database research which examines Suriname under different fields as its geography,people, government, economy, communications, transportation, military, transnational issues.

Suriname's Business Outlook
It is the Suriname's website which provides a business guide for the foreign and local investors by looking at the investment climate, business summary, product marketing, trade regulations,...etc. in Suriname.

OPIC Links: Investor's Information Gateway for Suriname
There is available country database information links which are efficient for the new investors planned to do business in Suriname including the contact lists of the institutions, organization related to Suriname business.

About Suriname
There is available to find out Suriname's general outlook on the issues of its social and business profile, passport/visa, money, accommodation, government, duty free, health and so forth.

 
 
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