World Trade Organization and Norway

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  • Topic: Norway, World Trade Organization, Oslo
  • Pages : 33 (9852 words )
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  • Published : December 9, 2008
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TABLE OF CONTENT

▪ CULTURE ANALYSIS

▪ POLITICAL AND LEGAL ANALYSIS

▪ ECONOMIC ANALYSIS

▪ SOME INTERESTING FACTS

▪ RECOMMENDATION

▪ BIBLIOGRAPHY

▪ PROJECT SPONSORS
▪ Country at a glance

Name:NORWAR
National Day:17 MAY
Capital: OSLO
Heasd of State: KING HARALD V
Type of government: Constitutional monarchy with a parliamentary democratic system of governance Area:323 878 sq km (125 050 sq miles)
Population: 4,478,497
Geographic definition:Located in northern Europe
Neighboring countries:The Barents Sea, by Finland and Russia, Sweden, Skagerrak Strait, Atlantic Ocean GDP: $391 billion
Per Capital Income: $55,600
Inflation rate: 1%

Currency:
1 USD = NOK 5.41
Conversion rate with Pak Rupee:
Major exports: $125.5 billion. Major markets: U.K. 26.8%, Germany 12.3%, Netherlands 10.2%, France 8.3%, U.S. 5.7%, Sweden 6.3% Exports - commodities:Petroleum and petroleum products, machinery and equipment, metals, chemicals, ships, fish Major imports: $64.1 billion. Major suppliers: Sweden 15.0%, Germany 13.3%, Denmark 6.7%, U.K. 6.3%, China 5.5%, U.S. 5.3%, France 3.8% Imports - commodities:Machinery and equipment, chemicals, metals, foodstuffs MNC’s originated:

MNC’s invested:

Type of legal system:
International membership: WTO
Association for international / legal alliances: Council of Europe, EEA, EFTA, NATO, OECD, UN National Sports: Cross-country skiing
National flowers
Regional breakup: 85 per cent of the population, non-Christian religion in Norway is Islam Language:Norwegian
Festivals:

Do’s and don’t
▪ Avoid excessive gift giving or any other action that can be perceived as a bribe. Scandinavia probably ranks as the most corruption free area in the world. Moderately expensive Christmas gifts and logo items are acceptable. ▪ Do not light up a cigarette in a Norwegian home or office without asking permission ▪ Hard selling techniques will get you nowhere in Norway. Avoid bragging and exaggerations and make a well-documented presentation that gets your counterpart involved and lets him/her buy from you rather than you selling through one-way communication.

Norway is a country that believes in putting action behind its policies – whether they are international, national or local. A warm people in a hospitable country. Exciting encounters with a unique country. A people who take pride in their rich traditions and boldly explore new ideas and trends. A country that embraces all kinds of opinions, lifestyles and cultures. It welcomes you with open arms, with friendliness and hospitality. Norway is the world’s fifth largest hydropower producer and the only industrialized nation able to meet its domestic power demand almost exclusively through hydropower. Bottom of Form

CULTURAL ANALYSIS

LAND OF THE MIDNIGHT SUN
NORWAY
Northern Norway is known to tourists as the “Land of the Midnight Sun”. North of the Arctic Circle, the sun does not set between the middle of May and end of July; conversely the sun does not rise between the middle of November and the end of January.

CULTURE ANALYSIS

I. ORIENTATION

Identification
The name Norge ("the Northern Way") originally pertained to a region of the country before political consolidation under Harald the Fair-Haired around 900 C.E. In later use, the country's name indicates its location on the northern border of Europe. Some of the northerly sections of the country are home to at least two main groups (coastal and mountain) of an indigenous population of Sami (previously called Lapps) with a separate language and distinct cultural traditions. Some groups of Sami practice reindeer nomadism and range across northern Sweden and Finland. A smaller Gypsy population also was part of the otherwise homogeneous population. For humanitarian reasons, in the late twentieth century, the country welcomed asylum seekers and immigrants from other countries. The...
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