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Norway

TABLE OF CONTENT

▪ CULTURE ANALYSIS

▪ POLITICAL AND LEGAL ANALYSIS

▪ ECONOMIC ANALYSIS

▪ SOME INTERESTING FACTS

▪ RECOMMENDATION

▪ BIBLIOGRAPHY

▪ PROJECT SPONSORS
▪ Country at a glance

Name: NORWAR
National Day: 17 MAY
Capital: OSLO
Heasd of State: KING HARALD V
Type of government: Constitutional monarchy with a parliamentary democratic system of governance
Area: 323 878 sq km (125 050 sq miles)
Population: 4,478,497
Geographic definition: Located in northern Europe
Neighboring countries: The Barents Sea, by Finland and Russia, Sweden, Skagerrak Strait, Atlantic Ocean
GDP: $391 billion
Per Capital Income: $55,600
Inflation rate: 1%

Currency:
1 USD = NOK 5.41
Conversion rate with Pak Rupee:
Major exports: $125.5 billion. Major markets: U.K. 26.8%, Germany 12.3%, Netherlands 10.2%, France 8.3%, U.S. 5.7%, Sweden 6.3%
Exports - commodities: Petroleum and petroleum products, machinery and equipment, metals, chemicals, ships, fish
Major imports: $64.1 billion. Major suppliers: Sweden 15.0%, Germany 13.3%, Denmark 6.7%, U.K. 6.3%, China 5.5%, U.S. 5.3%, France 3.8%
Imports - commodities: Machinery and equipment, chemicals, metals, foodstuffs
MNC’s originated:
MNC’s invested:

Type of legal system:
International membership: WTO
Association for international / legal alliances: Council of Europe, EEA, EFTA, NATO, OECD, UN
National Sports: Cross-country skiing
National flowers
Regional breakup: 85 per cent of the population, non-Christian religion in Norway is Islam
Language: Norwegian
Festivals:

Do’s and don’t
▪ Avoid excessive gift giving or any other action that can be perceived as a bribe. Scandinavia probably ranks as the most corruption free area in the world. Moderately expensive Christmas gifts and logo items are acceptable.
▪ Do not light up a cigarette in a Norwegian home or office without asking permission
▪ Hard selling...