belgium final

8/7/2019 Belgium final

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BELGIUMCOUNTRYPROFILE

GROUP NO: 8

DHARAMBIRSINGH

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CHITRANSI GUPTA 27

MOHAMAD AFTAB 35


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HISTORY

Belgium named after the Belgae, a people ofancient Gaul

Beginning in 57 BC, Julius Caesar extended

the power of Rome into the region of Europethat is now Belgium.

By 431, they had established an

independent dynasty, the Merovingian, withits capital at Tournai.

Merovingian was headed by Clovis I (c.466-511) dynasty.

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Pepin III in 751, deposed the last of theMerovingian and founded the Carolingian

Charlemagne succeeded his father in 768and ruled for almost a half century.

In the 12th century, Belgium was partitioned

into the duchies of Brabant and Luxembourg. During French Revolution, Belgium was

occupied and later annexed to France.

But with the downfall of Napolon In1830, Belgium rebelled against Dutch ruleand declared independence

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KEY FACTS

Full Name: Kingdom of Belgium Motto: Strength Through Unity

Capital: Brussels

Official language: Dutch, French, germane King: Albert II

Prime Minister: Yves Leterme

Area: 30,528 sq km(11,787 sq miles) Major Religion: Christianity

Life Expectancy: 78 years (man)

84 years (woman) 5


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Sex Ratio: at birth - 1.045 m/f

under 15 -1.04 m/f

15 to 64 - 1.02 m/f

65 over - 0.71 m/f

Monetary Unit: Euro

Exchange Rate: 1 US$ = 1.58

Internet Domain: .be

International Dialing Code: +32

Population: 10.7 million

GNP per Capital: US$ 45,310

GDP (PPP): $383.057 billion

GDP (nominal): $472.103 billion 6


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Literacy rate: 99%

Human Development Index: 0.867 (18th)

Drives on the: Right

Annual population growth rate: 0.094%

Total Fertility Rate: 1.64/woman

Infant Mortality Rate: 3.8/1000 live birth Unemployment Rate: 8.7% labor force

Labor Cost: 3.9%

Corruption perception index: 7.1 (22nd rank) Inflation Rate: 2.57%

Energy Consumption: 5,366 kg of oil equivalent

per capita 7


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EMPLOYMENT STRUCTURE

73%

25%

2%

Structure of Employment

Ser i e

Industry

Agri ulture

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GOVERNMENT

Type: Parliamentary democracy under aconstitutional monarch

Independence: 1830 (from Netherland)

Constitution: 1994 (revised) Branches: King (head of state)

P.M. (head of government)

Council of Ministery (cabinet) Suffrage: over 18, compulsory

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MajorPolitical Parties: Christian Democratic

Liberal

Socialist

Flemish Nationalists

Political Subdivisions: 10 Provinces

3 Regions

3 Community

589 Municipalities

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ECONOMY

GDP (PPP): $383.057 billion Natural resources: Coal.

Agriculture: (1% of GDP)

Products: livestock, including dairycattle, grain, sugarbeets, milk, tobacco, potatoes,and other fruits and vegetables.

Industry: (24.3% of GDP)

Types: Engineering & metal products, motorvehicle assembly, scientific instrument, food andbeverages, chemical, glass, petroleum

Service: (74.7 of GDP) 11


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Exports: $ 250 billion

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1214

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Germany

France Holland U.K. U.S. Italy

Export 19.8 17.4 12.2 7.2 4.8 4.7

Export

Export

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Imports: $ 315% billion

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1214

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Holland Germany

France U.K. U.S. China

Imports 19.4 17.2 11 5.7 5.5 4.1

Imports

Imports

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GEOGRAPHY Latitude: 50 50' North

Longitude: 4 00' East

Belgium is located in western Europe, border byNetherland, Germany, Luxemburg, France and

North Sea. Terrain is increasingly hilly and forested in the

southeast (Ardennes) region.

Climate is cool, temperate, and rainy.Summer temperatures average 77F.

Winters average 45F.

Annual extremes (rarely attained) are 10F and100F.

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TRANSPORT SYSTEM

The rail network has 2,950 km of electrifiedtracks.

The road network has 118,414 km of roads

among which 1,747 km of motorways, 13,892 ofmain roads and 102,775 km of other pavedroads.

The ports of Antwerp and Bruges-Zeebrugge are

two of the biggest seaports in Europe. The Brussels National Airport is Belgium's

biggest airport.

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COMMUNICATION SYSTEM There were 4.668 million land telephone lines in

use in Belgium in 2007.

Mobile telephone ownership has increased bynearly one thousand percent in the period 1997-

2007, from 974,494 to 10.23 million. Belgium had 79 FM radio stations, 7 AM

stations and 1 SW station, serving 8.075 millionradios owned in the country by 1998.

Major newspapers and magazines in Belgiumare printed monolingual either in Dutch or inFrench.

Internet users (2008): 7,292,251 16


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FUN FACTS OF BELGIUM The National Airport in Brussels is the worlds

biggest selling point of chocolates.

As much as 220,000 tones of chocolates wereproduced in the country every year.

The first country in the world to ban clusterbombs is Belgium.

The parliament of Belgium has the maximumnumber of female ministers in the world.

Education is mandatory for all citizens up to theage of 18.

The Belgian motorway system is the only man-

made structure that is visible from the moon. 17


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Belgium is the worlds diamond center and Thediamond capital of the world is Antwerp.

Herge, the author of the famous comic series"Tintin and is a Belgian.

People of Belgium are fond of animals and eachBelgian household would have at least one cat or a

dog. Brussels is also the Headquarters of the NATO.

Brussels, the capital of Belgium, is the capital of

European Union (EU).The Belgian designer Sting Helsen designed the

costumes forPirates of the Caribbean and thespider man suit forSpider Man III.

Belgians love to collect discount coupons. 18


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BELGIUM - INDIA TRADE

Year Indian Export Indian

Imports

Total Trade

2004 2.2 4.2 6.4

2005 2.4 5.1 7.5

2006 3.0 4.6 7.6

2007 3.3 5.3 8.6

2008 3.8 5.0 8.8

2009 2.6 4.5 7.1

Growth 18% 7% 11%

INDIA-BELGIUM TOTAL TRADE FROM 2004-2009(billion Euro)

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Belgium is the third largest trading partner ofIndia in the European Union.

annual bilateral trade turnover amounting Euro7.1 billion in 2009.

India is the13th largest exporter to Belgium and9th largest importer of Belgiam products.

The major items of Indian exports to Belgiumare:

Natural/cultured pearls, Precious stones and

metals; Textiles and articles; Base metals; Ironand steel; Chemical products, Machinery andElectrical Equipments

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Indian imports from Belgium are:

Organic chemicals; Plastic and rubber; Plastics

and articles thereof; Pharmaceuticalproducts, machinery and mechanical appliances.

The 11th round of India and Belgium-Luxembourg Economic Union (BLEU) took place inBrussels on May 4-5, 2009 after a gap of eightyears.

FDI to India (2010): 0.5% of total FDI very low.

From 2000-2010, it is just $ 327.84 million.23


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TRANSPORT AND LOGISTIC INDUSTRY

Country has good infrastructure, skilled workforceand IT opportunities.

It is located at the heart of Europe, lying betweennorthern and Mediterranean Europe.

Time required for train journey from Belgium.

Highly developed transport network, comprisingroads, waterways, railways and airports.

Antwerp, the second largest European port and thefourth largest in the world is in Belgium.

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Paris London Amsterdam Frankfurt

80 min 111 min 113 min 202 min


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Deduction of 30% of acquisition price forexclusively engage in shipping.

expansion of the Deurganck Dock in Antwerp, APMTerminals in Zeebrugge, TriLogiPort in Lige.

Revenue generated (2009) :

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Marine freight Rail freight Road freight Air freight

$ 4.6 billion $ 0.83 billion $ 15.7 billion $ 0.4 billion


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CHOCOLATE INDUSTRYChocolate has become a way of life for the Belgianpeople. They eat, play and work with chocolate.

Country has numerous museums dedicated tochocolate, such as the Museum of Cocoa and

Chocolate in Brussels.They have chocolate festivals during the year.

Festival welcomes chocolate artists, representativesof the cocoa producing countries and lots of other

exhibitors.Belgium considered as worlds capital of chocolate.

According to the International CocoaOrganization, Belgium ranks number two in per capitaconsum tion of chocolate.

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Belgium produces 172,000 tons of chocolate peryear sold in over 2,130 Belgian chocolate shops.

Netherland, French and Germany are the mainsource of cocoa in Europe.

Belgium is boarded by these countries, so import

of cocoa is not a tedious task.Belgium account for the 10.2% of the worldsbutter production.

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Belgium is the third largest country in productionof butter after U.S. and New Zealand.

Airfreight exports of chocolate go for US, SouthKorea, Japan and India have doubled for each ofthe past five years.

Belgian people are obsessed with goodchocolate and thats why they are ready to pay45 euro per kilo chocolate.

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PHARMACEUTICAL INDUSTRY Belgium produces 5% of all new medicines

worldwide. Belgium has the largest number of per capita

clinical trials in Europe.

Research centers and scientific institutionsbenefit from a 50% reduction in payroll tax to bepaid.

The second largest pharmaceutical export

country in the world in absolute figures.

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Newly established Federal Agency for Medicinesand Health.

The fastest approval for phase 1 clinical trials (2week).

The pharmaceutical industry consistently ranks

highest in most attractive employers. Access to a potential market of 456 million people.

7th largest investor in the world inbiopharmaceutical R&D.

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The largest number of medicines in development inthe world per capita.

The highest concentration of life-scienceemployees in the world.

The country is also a world center of vaccinesresearch and manufacturing.

A strategic position at the political heart of Europe :the presence of many international organizationse.g. European Institutions, Innovative MedicinesInitiative and major corporate headquarters

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ADVANTAGES OF BELGIUM

Advantageous geographical positionExcellent infrastructure

Multi-skilled, highly skilled work force

Stable industrial relation

High quality of life

Global FDI capital inflows ($ Billion):

1. U.S. 175

2. U.K. 139

3. French 81

4. Belgium 7234


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Quality of math and science education 3rd

Quality of management schools 7th

Quality of education 8th

Language skills of workforce 9th

Quality of scientific research institutions 9th

BELGIUMS RANKING IN WCY


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Ranking

Road density 1

Low broadband costs

($ US per 100 kbit/second per month

2

Rail density 5

Broadband subscribers per 1000 8

Low electricity costs for industrialclients

9

Quality of port infrastructure 5

BUSINESS INFRASTRUCTURE


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THANKYOU

belgium final

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