MONTENEGRO

Montenegro is a country in southeastern Europe.

Montenegro’s independence was recognized by the great powers at the
congress of berlin in 1878. In 1910, the country became a kingdom.
FLAG OF MONTENETRO :

POPULATION : the current population of montenegro is 6,28,264 as of

Tuesday, january 3, 2023, based on worldometer elaboration of the latest
united nations data.
SURFACE AREA : Montenegro is a country at the eastern adriatic coast. The
land has a total area of 13,810 sq.km and a total coastline of 294 km.
CURRANCY : The official currency of montenegro is the Euro.
1 Euro = 87.60 indian rupee
CAPITAL : Montenegro's administrative capital is Podgorica, though its cultural
centre is the historical capital and older city of Cetinje. For much of the 20th
century Montenegro was a part of Yugoslavia, and from 2003 to 2006 it was a
component of the federated union of Serbia and Montenegro.
CALLING CODE : The calling code of montenegro is +382.
FORM OF GOVERNMENT : Montenegro is a parliamentary republic that gained
full independence from Serbia in June 2006, following a referendum in May in
which just over the required 55 percent of Montenegrins voted to secede from
the federation.
In 2007 Montenegro’s parliament adopted the country’s first constitution.
Montenegro is governed by independent executive, legislative, and judicial
branches.
OFFICAL LANGUAUE : Montenegrin is the official language in Montenegro
(since 2007), and Serbian, Bosnian, Albanian and Croatian are also in official
use. The Montenegrin language has both cyrillic and latin alphabets in use, and
utilizes them interchangeably.
PRESIDENT : President of monenegrn is Milo Dukanovic.
The president is the head of state, elected directly for a period of five years.
Milo Dukanovic, who was elected in the first round of the 2018 presidential
election with 53.90% of the vote. The official residence of the president is the
Blue Palace in Cetinje.

NATIONAL BIRD : National bird of montenerge is Two Headed Eagle.

Yellow-fimbriated (bordered) red national flag with, at its centre, a yellow
double-headed eagle bearing the national coat of arms.The charge is a two-
headed eagle which is a symbol of Byzantine and ultimately Roman origin. It
symbolises dual authority, such as that over the church and state.
NATIONAL ANIMAL : The national animal of montenegro is Falcon.
NATIONAL ANTHEM : The national anthem of montenegro is “Oj, svijetla
majska zoro”.
In english language, “Oh, Bright Dawn of May” is national anthem of
montenegro. the national anthem of Montenegro adopted in 2004. Before its
adoption, it was a popular folk song with many variations of its text. The oldest
version dates back to the second half of the 19th century.
GDP OF MONTENEGRO : Full Year GDP Growth in Montenegro is expected to
reach 3.30 percent by the end of 2022, according to Trading Economics global
macro models and analysts expectations.
GDP per capita $10,750 (nominal, 2023 est.) $27,695
(PPP, 2023 est.)
GDP per capital rank 73rd (nominal, 2019) 69th
(PPP, 2018)
GDP by sector Agriculture: 7.5%
Industry: 15.9%
Services: 76.6%
Inflation (CPI) 2.4%

EOBD RANK : Montenegro is ranked 50 among 190 economies in the ease of

doing business, according to the latest World Bank annual ratings.
CORE INDUSTERY : The economy of the Republic of Montenegro is service-
based with its main industries focused on steel and aluminum production ,
agricultural processing , consumer goods, and tourism.
Three major industry of montenegro is agriculture, manufacturing, and
services.
BUSINESS BELIEF AND PRACTIES : survey data reflects there is a strong
corelation between ethnicity and religion : ethnic Montenegrins and ethnic
Serbs are predominantly associated with orthodoxy.
Time keeping is not highly valued in Montenegro so whilst you should be
punctual, do not expect the same of your Montenegrin colleagues. A
handshake at the beginning and end of a meeting is considered the norm;
always shake hands with any women present before the men. Use titles and
surnames when addressing people.
MAJOR IMPORT & EXPORT OF MONTENEGRO :
IMPORTS GOOD & SERVICES VALUE
Refined Pretoleum $118M
Car $98.1M
Packaged Medicaments $89.4M
Broadcasting Equipment $81.8M
Electricity $72M
importing mostly from Serbia ($779M), China ($249M), Croatia ($205M),
Bosnia and Herzegovina ($170M), and Italy ($151M).

EXPORT GOODS &SERVICES VALUE

Raw Aluminium $65.2M
Electricity $56.9M
Packaged Medicaments $54M
Dried Legumes $34.1M
Aluminium Ore $22.4M
exporting mostly to Serbia ($117M), Slovenia ($41.7M), Pakistan ($38.3M),
Germany ($36.5M), and China ($26.9M).

CULTURAL ATTRIBUTE : The culture of Montenegro is as pluralistic and diverse

as its history and geographical position would suggest. Montenegro's culture
has been influenced by the Serbian Empire, the Byzantine Empire, Ancient
Greece, Ancient Rome, Christianity, the Ottoman Empire, the Republic of
Venice, Austria-Hungary, and Yugoslavia.
MAP OF MONTENERGO :
 MALTA
Malta's prehistory ends in around 700 BC, when the islands were colonized by
the Phoenicians. They ruled the islands until they fell in 218 BC to the Roman
Republic. The island was acquired by the Eastern Romans or Byzantines in the
6th century AD, who were expelled by Aghlabids following a siege in 870 AD.
FLAG OF MALTA :

POPULATION : The current population of Malta is 444,483 as of Wednesday,

January 4, 2023, based on Worldometer elaboration of the latest
United Nations data. Malta population is equivalent to 0.01% of the total
world population. Malta ranks number 174 in the list of
countries by population.
SURFACE AREA : Surface area of malta is 316 sq.km. Malta is the largest of the
three major islands that constitute the Maltese archipelago. It is sometimes
referred to as Valletta for statistical purposes to distinguish the main island
from the entire country. Malta is in the middle of the Mediterranean Sea
directly south of Italy and north of Libya. The island is 27 kilometres (17 mi)
long and 14.5 kilometres (9 mi) wide, with a total area of 246 square
kilometres (95 sq mi).
CURRANCY : The official currency of Malta is the Euro.
1 EURO = 87.78 Indian rupee
CAPITAL : The Capital of Malta is Valletta.
CALLING CODE : Calling code of Malta is +356.
FORM OF GOVERNMENT : The 1964 constitution, under which Malta became
an independent monarchy and parliamentary state, was amended in 1974 to
make Malta a republic within the Commonwealth. Malta is currently a unitary
multiparty republic. The Maltese parliament consists of a unicameral House of
Representatives and is fashioned on the British model.
OFFICAL LANGUAGE : Malta has two official languages: Maltese and English.
Maltese is the national language. Until 1934, Italian was also an official
language in Malta, and in the 19th and 20th centuries there was a linguistic
and political debate known as the Language Question about the roles of these
three languages.

PRESIDENT : George Vella is a president of

Malta. The president of Malta is the
constitutional head of state of Malta. The
President is indirectly elected by the House of
Representatives of Malta, which appoints the
president for a five-year term.
An amendment adopted in 1996 guarantees a
majority of seats to a party receiving more than
50 percent of the total votes cast in the general
election. The parliament appoints.

NATIONAL BIRD OF MALTA : The blue rock thrush (merill) is Malta's national
bird. It is 20-23cm long and has a long slim bill. It nests in rock cavities and
buildings near the sea, and usually lays 3-5 eggs. It eats a wide variety of
insects in addition to berries.
NATIONAL ANIMAL OF MALTA : Pharaoh Hound (Kelb tal-Fenek) The Pharaoh
Hound is a breed of dog and the national hound of Malta.

NATIONAL ANTHEM OF MALTA : “L-Innu Malti" ("The Hymn of Malta") is the

national anthem of Malta. It is written in the form of a prayer to God. Officially
adopted in 1964 upon independence from the United Kingdom, it was
composed by Robert Samut, and the lyrics were written by Dun Karm Psaila.
GDP OF MALTA :
GDP $17.2 billion (nominal, 2022) $28.5
billion (PPP, 2022)
GDP Rank 132nd (nominal, 2022) 146th
(PPP, 2022)
GDP Growth 5.2% (2018) 4.9% (2019) −7.9%
(2020e) 4.8% (2021e)
GDP per capita $33,094 (nominal, 2022) $54,647
(PPP, 2022)

EOBD RANK OF MALTA : Malta is ranked 88 among 190 economies in the ease
of doing business, according to the latest World Bank annual ratings. The rank
of Malta deteriorated to 88 in 2019.
CORE INDUSTRY OF MALTA : The Maltese economy is dependent on foreign
trade, manufacturing (especially electronics and pharmaceuticals),and tourism.
MAJOR IMPORT AND EXPORT OF MALTA :
Import of goods & services value
Refined Petroleum ($3.46B)
Passenger and Cargo Ships ($2.52B)
Planes, Helicopters, and/or ($754M)
Spacecraft
Recreational Boats ($484M)
Integrated Circuits ($324M)
importing mostly from South Korea ($2.02B), Russia ($2.02B), Italy ($1.39B),
China ($1.19B), and United Kingdom ($572M).

Export of goods & services Value

Integrated Circuits ($679M)
Packaged Medicaments ($500M)
Refined Petroleum ($378M)
Documents of title (bonds etc) and ($267M)
unused stamps
Other toys ($186M)
exporting mostly to Germany ($496M), France ($310M), Italy ($259M),
Singapore ($186M), and Japan ($180M)
BUSINESS BELIEFS AND PRECTICES : Malta has several attributes like the low
set up cost, favourable tax rates, tax incentives and human resource
effectiveness, making it an attractive base for a business. These benefits
provide financial service operators with flexible and EU-compliant domicile.
CULTURAL ATTRIBUTE OF MALTA : The culture of Malta reflects various
societies that have come into contact with the Maltese Islands throughout the
centuries, including neighbouring Mediterranean cultures, and the cultures of
the nations that ruled Malta for long periods of time prior to its
independence in 1964.
The majority of the maltese are Roman catholic, but many other religious
denominations are also represented on the islands with small but well
established and active communities.
MAP OF MALTA :
 ANDORRA
Andorra claims it is the last independent survivor of the Marca Hispanica, the
buffer states created by Charlemagne to keep the Islamic Moors from
advancing into Christian France. Tradition holds that Charlemagne granted a
charter to the Andorran people in return for their fighting the Moors.
FLAG OF ANDORRA :

POPULATION: The current population of Andorra in 2023 is 80,088, a 0.33%

increase from 2022. The population of Andorra in 2022 was 79,824, a 1%
increase from 2021.
SURFACE AREA: Andorra is the sixth-smallest state in Europe, with an area of
468 square km (181 sq mi) and a population of approximately 79,034.
CURRANCY: The official currency of Malta is the Euro.
1 EURO = 87.75 Indian rupee
CAPITAL : Andorra la Vella Is the capital of the independent coprincipality of
Andorra. It lies near the confluence of the Valira and the Valira del Norte rivers
in the narrow Gran Valira valley, on the southern slopes of the Pyrenees.
CALLING CODE : Andorra calling code is +376.
FORM OF GOVERNMENT: The politics of Andorra take place in a framework of
a parliamentary constitutional monarchy, and a multi-party system. Executive
power is exercised by the government, with the Head of Government of
Andorra as chief executive. Legislative power is vested in both the government
and parliament. The judiciary is independent of the executive and
the legislature.
OFFICIAL LANGUAGE: Andorra's official language is Catalan (Spanish and
French are also spoken); its institutions are based in Catalonian law, and a
large proportion of the Spanish immigrants (or their descendants) in
Andorra are Catalan.
PRIME MINISTER OF ANDORRA: Prime minister of Andorra is Xavier Espot
Zamora since 16 may, 2019.

NATIONAL BIRD OF ANDORRA: National Bird of Andorra is Lammergeier.

It's also know as bearded vulture.
NATIONAL ANIMAL OF ANDORRA: The National animal of Andorra is Cattle.
NATIONAL ANTHEM OF ANDORRA: “El gran Carlemany" is the national
anthem of the Principality of Andorra. Enric Marfany Bons composed the
music, while the lyrics were authored by Joan Benlloch I Vivo, written in a first-
person narrative from the point of view of Andorra. It was adopted as the
national anthem on 8 September 1921, which is also the national day of
Andorra. The lyrics make reference to several key aspects of Andorran culture
and history, such as the heritage of the Carolingian Empire.
GDP OF ANDORRA: GDP in Andorra is expected to reach 3.70 USD Billion by
the end of 2022, according to Trading Economics global macro models and
analysts expectations.
GDP $5.301 billion (PPP, 2022)
GDP Growth 1.6%
GDP by sector Agriculture 11.9%
Industry 33.6%
Services 54.5%
GDP per capita $65,372 (PPP, 2022)

C0RE INDUSTRY OF ANDORRA: The economy of Andorra is a developed and

free market economy driven by finance, retail, and tourism.
Tourism is the mainstay of Andorra's economy, accounting for roughly 80% of
GDP. An estimated 9 million tourists visit annually, attracted by Andorra's duty-
free status and by its summer and winter resorts.
MAJOR IMPORT – EXPORT OF ANDORRA:
IMPORT OF GOODS & SERVICES VALUE
Paintings $318M
Cars $133M
Refined Petroleum $53.1M
Packaged Medicaments $33M
Broadcasting Equipment $25.4M
Importing mostly from Spain ($1.19B), France ($192M), Germany ($42M), Italy
($22.3M), and Netherlands ($15.4M).

EXPORT OF GOODS & SERVICES VALUE

Integrated Circuits $22M
Golds $14.6M
Orthopedic Appliances $9.79M
Cars $9.51M
Essential Oils $3.48M
Exporting mostly to Spain ($38M), France ($13.9M), Hong Kong ($10.5M),
Germany ($5.44M), and United States ($5.41M).
BUSINESS BELIEFS AND PRECTICES: 3 most important facts about doing
business in Andorra.
Phone calls = If you are doing business in Andorra, and you are in Andorra,
having a face-to-face conversation is preferred to one via Skype
or a phone call.
Don’t be arrogance = Nobody likes arrogance, and the Andorrans certainly do
not. If you come in with the aura that you are better than your business
associates, no matter how powerful or wealthy you may be, the Andorrans
will not abide it.
Punctuality = If you’re doing business in Andorra, it’s expected that you have a
watch, and a daily plan. As such, Andorrans expect that you will never be late
to any of your meetings with them. In most cases, they expect you to be early,
rather than late.
CULTURAL ATTRIBUTES: An essential and ongoing part of Andorran culture is
its folk dances, performed with pride and enthusiasm at festivals and other
events. Dances such as the Contrapas and Marraxta are Catalan in character,
and have been passed down through the ages with little change.
The Andorran people practice the Catalan culture which is the most dominant
in the microstate. The Catalan culture in itself is a mix of the French, Spanish,
and Portuguese cultures.
MAP OF ANDORRA: