What is the economic partnership between Ivory Coast and the UK?
The Ivory Coast and the UK signed an economic partnership agreement in 2020, which allows to maintain continuity in the trade relationship between both countries following the exit of the UK from the European Union. It¡¯s important to familiarise yourself with the tax and customs arrangements in Ivory Coast if you¡¯re exporting there.
Why is the Ivory Coast important?
It is a growing regional hub and can be the gateway to French-speaking Africa and the rest of the region for exporters. The Ivory Coast is a large economy in the West African Economic and Monetary Union (WAEMU). It is the world¡¯s top exporter of cocoa beans, raw cashew nuts and a net exporter of oil.
Is Ivory Coast a good place to start a business?
Ivory Coast offers significant opportunities for UK businesses and is a market worth exploring. However, you should ensure you are aware of the challenges and risks involved, and seek legal advice where necessary. Intellectual property (IP) rights are territorial. Rights granted in the UK do not provide protection elsewhere.
Is the Ivory Coast a good place to live?
The Ivory Coast is a large economy in the West African Economic and Monetary Union (WAEMU). It is the world¡¯s top exporter of cocoa beans, raw cashew nuts and a net exporter of oil. Significant reforms are being implemented to broaden and strengthen the manufacturing sector and attract investment.