TABLE OF CONTENTS
                                               PAGE

I.   COMMERCIAL OVERVIEW (EXECUTIVE SUMMARY)     1

II.  LEADING TRADE PROSPECTS FOR U.S. BUSINESS   2
     FOODSTUFFS AND MANUFACTURED GOODS           2
     VEHICLES AND AUTOMOBILE PARTS               3
     HOTEL, RESTAURANT, AND MEDICAL SUPPLIES     3
     COMPUTERS AND ELECTRONICS                   3

III. ECONOMIC TRENDS AND OUTLOOK                 3
     OVERVIEW                                    3
     TOURISM                                     3
     FINANCIAL SERVICES                          4
     MANUFACTURING/INDUSTRY                      4
     AGRICULTURE/FISHERIES                       4
     CONSTRUCTION                                5
     U.S.-BAHAMIAN TRADE                         5
     CARIBBEAN BASIN INITIATIVE (CBI)            6
     BALANCE OF PAYMENTS AND TRADE               6
     GOVERNMENT BUDGET                           6
     MONETARY AND CREDIT POLICY                  6
     INFLATION AND UNEMPLOYMENT                  6

IV.  POLITICAL ENVIRONMENT                       6

V.   MARKETING U.S. PRODUCTS AND SERVICES        7
     DISTRIBUTION AND SALES CHANNELS AND USE OF
     AGENTS/DISTRIBUTORS; FINDING A PARTNER      7
     STEPS TO ESTABLISHING AN OFFICE             8
     ADVERTISING                                 8
     RADIO AND TELEVISION                        8
     NEED FOR A LOCAL ATTORNEY                   8

VI.  TRADE REGULATIONS AND STANDARDS             8
     CUSTOMS                                     8
     MEMBERSHIP IN FREE TRADE AGREEMENTS         9

VII. INVESTMENT CLIMATE                          9
     REAL ESTATE                                10
     WORK PERMITS                               10
     REPATRIATION OF PROFITS                    10
     TAX INCENTIVES                             10
     INDUSTRIES ENCOURAGEMENT ACT               11
     HOTELS ENCOURAGEMENT ACT                   11
     AGRICULTURAL MANUFACTORIES ACT             11
     SPIRITS AND BEER MANUFACTURING ACT         11
     INVESTMENT DISPUTES                        11
     BILATERAL INVESTMENT AGREEMENTS            11
     INTELLECTUAL PROPERTY RIGHTS               11
     OPIC PROGRAMS                              11
     LABOR                                      11
     FREE TRADE ZONES                           12
     CAPITAL OUTFLOW POLICY                     12
     MAJOR CURRENT FOREIGN INVESTMENTS IN THE
     BAHAMAS                                    12

VIII. TRADE AND PROJECT FINANCING               12
      INTER-AMERICAN DEVELOPMENT BANK           13
      THE INTERNATIONAL BANK FOR RECONSTRUCTION
      AND DEVELOPMENT                           13
      MAJOR BAHAMIAN BANKING INSTITUTIONS       14
      LENDING BAHAVIOR                          14

IX.  BUSINESS TRAVEL                            14
     VISAS AND TRAVEL ADVISORIES                14
     CRIME                                      14
     BUSINESS INFRASTRUCTURE AND TRAVEL         14
     BUSINESS AND SOCIAL CUSTOMS                15
     ACCEPTABLE TOPICS OF CONVERSATION          15
     LOCAL HOLIDAYS                             16

APPENDICES
     A.  COUNTRY DATA                           17
     C.  US AND COUNTRY CONTACTS                18