At IndiaTIES, we not only provide information about various international activities, but we will also look at supporting businesses to explore the international markets. However for that to happen in an easier way, we have divided the world into specific regions based on geopolitical grouping of countries based on economic, social and cultural factors. Whilst there will be a difference in doing business in each country, Similarities would be found in doing business in the region as most of the countries adhere to similar policies and provide similar opportunities.
At India Ties we are more concentrated on the Developing and Under – Developed countries as most of the opportunities to grow now arise in these countries. Developed countries are either Saturated or pose huge competition which means the profits are lower.
The following are the different regions supported by IndiaTIES.
Africa
The second-largest and second most-populous continent of the world, Africa always has been the most untapped, underdeveloped and oppressed continent. The whole of the 20th Century the continent was not allowed to grow with too many internal conflicts and external aggression.
Countries in this Region
Central Africa Region: CENTRAL AFRICAN REPUBLIC, CAMEROON, CONGO, DR CONGO, EQUATORIAL GUINEA, GABON
North Africa Region: ALGERIA, EGYPT, LIBERIA, LIBYA, MOROCCO, SUDAN, TUNISIA
West Africa Region: BENIN, BURKINA FASO, CABO VERDE, COTE D’IVOIRE, GAMBIA, GHANA, GUINEA, GUINEA-BISSAU, MAURITANIA, MALI, NIGERIA, NIGER, SAO TOME AND PRINCIPE, SENEGAL, SIERRA LEONE, TOGO
East Africa Region: BURUNDI, DJIBOUTI, ETHIOPIA, ERITREA, KENYA, RWANDA, SEYCHELLES, SOMALIA, SOUTH SUDAN, TANZANIA, UGANDA
South Africa Region: ANGOLA, BOTSWANA, COMOROS, ESWATINI, LESOTHO, MADAGASCAR, MALAWI, MAURITIUS, MOZAMBIQUE, NAMIBIA, SOUTH-AFRICA, ZAMBIA, ZIMBABWE
ASEAN
One of the High economic growth regions of the world due to its proximity to the largest populous countries of India and China. This Association of 10 countries along with 6 additional countries forms the RCEP to provide free trade in the region. The advantage of this region is that they work in active collaboration and mutual assistance in matters of common interest that helps in greater utilization of their agriculture and industries, expansion of trade and improve transport & communication facilities.
Countries in this Region
ASEAN: BRUNEI, CAMBODIA, INDONESIA, LAOS, MALAYSIA, MYANMAR, PHILIPPINES, SINGAPORE, THAILAND, VIETNAM
ASEAN+6: AUSTRALIA, CHINA, INDIA, JAPAN, NEW ZEALAND, SOUTH KOREA
Other ASIAN: MONGOLIA, NORTH KOREA
Middle East and GCC
The Middle East is an oil-rich region that forms a primary part of the Arab region. The region has a hot and arid climate and is covered primarily with the desert. The economy in this region is quite strong due to the export of Oil resources. Other industries form a very minute part of the economy. Except for a few countries like the UAE, where trade and tourism are very strong, the other countries are completely dependent on agriculture (other than Oil).
Countries of Importance in this Region are
BAHRAIN, IRAN, IRAQ, ISRAEL, JORDAN, KUWAIT, LEBANON, OMAN, PALESTINE, QATAR, SAUDI ARABIA, SYRIA, TURKEY, UNITED ARAB EMIRATES, YEMEN
SAARC Region
The South Asia Association for Regional Cooperation (SAARC) is an inter-governmental union of countries that are part of South Asia surrounding India. Spearheaded by India, this association aims to promote and improve the economy, social and cultural development of the region. SAARC is also at times considered as the country that was controlled by the British during their regime in India.
India has a special role to play in this association as the largest country and has chief influence in economic matters. The South Asian Free Trade Agreement (SAFTA) Plays an important role in creating a Common Market, Customs and Economic Union for the countries. With exception to Pakistan, All other SAARC countries have very good relations with India and depend on India for economic and trade support.
Countries of Importance in this Region are
AFGHANISTAN, BANGLADESH, BHUTAN, MALDIVES, NEPAL, PAKISTAN, SRI LANKA
Pacific Region
The Pacific Region primarily comprises of the Australian Continent and India has always worked in this region in terms of Investments and Trade. Many Indian products and services are exported to this region and India forms 4th most important importer for products from this region.
Countries of Importance in this Region
AUSTRALIA, FIJI, KIRIBATI, MARSHALL ISLANDS, MICRONESIA, NAURU, NEW ZEALAND, PALAU, PAPUA NEW GUINEA, SAMOA, SOLOMON ISLANDS, TONGA, TUVALU, VANUATU,
CIS Region (USSR Countries)
This old USSR region has always been less developed nations due to the influence of communism. With the exception of Russia these countries are still considered as developing nations. The countries in this region have less economic dynamism and have adverse demographic trends in the region. The region is constrained by unemployment, inadequate infrastructure and over-dependence of foreign funding and challenging business environment due to communist influence.
India has always been an all-weather friend to the countries of this region due to its historical relationship with the USSR during the Cold War period.
Countries of Imporance in this Region
ARMENIA, AZERBAIJAN, BELARUS, GEORGIA, KAZAKHSTAN, KYRGYZSTAN, MOLDOVA, RUSSIA, TAJIKISTAN, TURKMENISTAN, UZBEKISTAN
Eastern Europe
This Pre-Communist Influence region has always been less developed nations due to the influence of communism. This region most of the time been dominated by Russia after World War 2 where USSR had its influence Unlike their counterparts i.e. Western Europe which are developed countries. The countries in this region have less economic dynamism and have adverse demographic trends in the region.
However, with some of the countries joining the European Union favorable economies are expected. For India, these countries could be used as an entry point to reach the developed countries of Western Europe with minimal or low investments compared to setting up businesses in the western countries.
Countries in this Region
ALBANIA, BOSNIA & HERZEGOVINA, BULGARIA, CROATIA, CZECH REPUBLIC, ESTONIA, KOSOVO, LATVIA, LITHUANIA, MONTENEGRO, NORTH MACEDONIA, POLAND, ROMANIA, SLOVAKIA, SLOVENIA, SERBIA, UKRAINE
Western Europe (Developed Europe)
This region comprises mainly of the developed countries of Europe which dominate the European Union. This region comprises of the Scandinavian countries in the north to Spain/Italy in the South
The economy in this region is very good and vast opportunities lie for businesses to trade with India. Whilst India export products and services to this region, we import machinery and technology from this region.
Countries in this Region
AUSTRIA, ANDORRA, BELGIUM, CYPRUS, DENMARK, FINLAND, FRANCE, GERMANY, GREECE, HUNGARY, ICELAND, IRELAND, ITALY, LIECHTENSTEIN, LUXEMBOURG, MALTA, NETHERLANDS, NORWAY, PORTUGAL, SAN MARINO, SPAIN, SWEDEN, SWITZERLAND, UNITED KINGDOM
North America
This is the Developed region of America which comprises mainly of only 2 countries namely the United States of America and Canada
India has had special relationships with these countries in various capacities. Whilst these countries are very far, India has always been the preferred destination for various types of Products and Services exports to these countries. Also, many American companies have invested and are running industries and support offices for them in India.
Countries in this Region are
CANADA, UNITED STATES OF AMERICA
Caribbean Islands: ANTIGUA AND BARBUDA, BAHAMAS, BARBADOS, CUBA, DOMINICAN REPUBLIC, DOMINICA, GRENADA, HAITI, JAMAICA, SAINT KITTS AND NEVIS, SAINT LUCIA, SAINT VINCENT AND THE GRENADINES, TRINIDAD AND TOBAGO,
Latin America
The Americas region is the youngest continent of the world founded by Christopher Columbus. The Region comprises of both North America and South America continents starting from Mexico covering the Central America and South America region. We have merged them into one single region due to their geopolitical, cultural and economic conditions.
The Latin america has a strong Spanish and Portuguese influence.
India has always worked with many of these countries in generating bi-lateral trade. Many countries in this region are part of multiple trade agreements with India including BRICS, GSTP, MERCOSUR, etc., India has also signed MOU on economic cooperation with some of the countries in the region
Countries in this Region are
Central America: BELIZE, COSTA RICA, EL SALVADOR, GUATEMALA, HONDURAS, MEXICO, NICARAGUA, PANAMA,
South America: ARGENTINA, BOLIVIA, BRAZIL, CHILE, COLOMBIA, ECUADOR, GUYANA, PARAGUAY, PERU, SURINAME, URUGUAY, VENEZUELA,
