TABLE OF CONTENTS Page I. COMMERCIAL OVERVIEW - Overview of Import Market.............................4 - Brief Synopsis of Commercial Environment .............5 - Host Country Business Attitude Toward the U.S. .......6 - Major Business Opportunities .........................6 - Major Roadblocks To Doing Business ...................8 - Nature of Local and Third Country Competition ........9 II. LEADING TRADE PROSPECTS FOR U.S. BUSINESS - Best Prospects Products and Services for U.S. Exporters .......................................10 III. ECONOMIC TRENDS AND OUTLOOKS - Major Trends and Outlook..............................11 - Principal Growth Sectors..............................14 - Government Role In the Economy........................14 - Balance of Payments Situation.........................17 - Trade and Investment Barriers.........................18 - Implications for United States........................18 - Labor Force...........................................21 - Major Local and Third Country Competitors In Specific Sector....................................23 - Infrastructure Situation Re: Goods/Service Distribution............................24 - Major Infrastructure Projects Underway................25 IV. POLITICAL ENVIRONMENT - Nature of Bilateral Relationship With the United States.....................................26 - Major Political Issues Affecting Business Climate...............................................26 - Brief Synopsis of Political System, Schedule For Elections, and Orientation of Major Political Parties...............................26 V. MARKETING U.S. PRODUCTS AND SERVICES - Distribution and Sales Channels.......................30 - Use of Agents/Distributors: Finding a Partner........33 - Franchising...........................................36 - Direct Marketing......................................36 - Joint Ventures/ Licensing.............................36 - Steps to Establishing An Office.......................37 - Selling Factors/Techniques............................38 - Advertising and Trade Promotion.......................39 - Pricing Product.......................................40 - Sales Service/Customer Support........................41 - Selling to the Government.............................41 - Protecting Your Product From IPR Infringement.........42 - Need For a Local Attorney.............................46 VI. TRADE REGULATIONS AND STANDARDS - Tariffs and Import Taxes...............................47 - Customs Valuation......................................48 - Import Licenses........................................49 - Export Controls........................................49 - Import/Export Documentation............................50 - Temporary Entry........................................50 - Labeling, Marking Requirements.........................51 - Prohibited Imports.....................................54 - Standards..............................................55 - Free Trade Zones/Warehouses............................58 - Special Import Provisions..............................59 - Membership In Free Trade Arrangements..................60 VII. INVESTMENT CLIMATE - Openness to Foreign Investment.........................62 - Conversion and Transfer Policies.......................63 - Expropriation and Compensation.........................63 - Dispute Settlement.....................................63 - Political Violence.....................................64 - Performance Requirements/Incentives....................64 - Right to Private Ownership and Establishment...........67 - Protection of Property Rights..........................67 - Regulatory System: Laws and Procedures.................68 - Bilateral Investment Agreements........................69 - OPIC and Other Investment Insurance Programs...........70 - Labor..................................................70 - Foreign Trade Zones/Free Ports.........................71 - Capital Outflow Policy.................................71 - Major Foreign Investors................................71 VIII. TRADE AND PROJECT FINANCING - Brief Description of Banking System....................75 - Foreign Exchange Controls Affecting Trading............75 - General Financing Availability.........................75 - How to Finance Exports/Methods of Payment..............76 - Available Export Financing and Insurance...............78 - Project Financing Available............................80 - List of Banks With Correspondent U.S. Banking Arrangement....................................80 IX. BUSINESS TRAVEL - Business Customs.......................................82 - Travel Advisory and Visas..............................83 - Holidays...............................................86 - Business Infrastructure................................86 APPENDICES - Country Data...........................................87 - Best Export Prospect Sectors...........................90 - U.S. and Country Contacts..............................126 - Market Research........................................132 - Trade Event Schedule...................................137