The Bahamian economy is driven by tourism and financial services. The Bahamas imports nearly all of its food and manufactured goods from the United States, and U.S. goods and services tend to be favored by Bahamians due to cultural similarities and exposure to U.S. advertising. Due to its dependence on U.S. tourism and trade, the Bahamian economy is notably affected by U.S. economic performance. There are no significant barriers to trade in The Bahamas.
The Bahamas is currently reviewing proposals for alternative energy sources. This is expected to create opportunities for foreign direct investment in the energy industry. Best prospects sectors for US exports include: Hotel/Tourism; Franchise; Construction Equipment and Supplies; Consumer Products; and Medicinal and Pharmaceutical Products.
Join us for the “Business Opportunities in the Bahamas Webinar” on Thursday, January 30, 2014. This third chapter of the Business Opportunities in the Caribbean Region Webinar Series will bring you the latest on the Bahamas's growth and the opportunities this market offers to American companies in many industries.
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