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Countries

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The following showcased nations aren't just destinations, they are our esteemed partners. Discover the essence of economic collaboration through concise yet impactful insights, offering a unique lens into the pivotal relationships shaping global trade and investment.


USA

Why USA :

  • Global economic giant, making it a crucial player in international trade and investment

  • Strategic partner for many countries in various sectors, such as trade, investment, security, and diplomacy.

  • Key driver of the digital transformation, with a leading role in developing and deploying new technologies

  • Essential contributor to addressing global challenges

Challenges :

  • Housing crisis, with rising prices, low supply, and high demand

  • Decline of privacy, with increasing surveillance, data breaches, and cyberattacks

  • Regulatory burden that hamper innovation and competitiveness

  • Challenge of climate change

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Germany

Why Germany :

  • Second in the world in the 2022 Bloomberg Innovation Index

  • Global leader in innovation and technology

  • Strong export-oriented economy and manufacturing prowers

  • High export quota, which reflects its openness and integration in the global economy

Challenges :

  • Digitalization and automation could disrupt its labor market and industrial base

  • Demographic change could reduce labor force and increase its social spending

  • Globalization and exposition to external shocks and competition

  • Phase out coal, increase its renewable energy sources, and promote green finance

France

Why France :

  • One of the largest markets in Europe, and access to the European single market

  • 39 universities in the top 1000 of the 2022 World University Rankings

  • Innovative business leaders, and a high-quality transportation infrastructure

  • Leader in technology and innovation, with a strong R&D sector, a vibrant startup ecosystem

Challenges :

  • Severe recession and increased public debt in France

  • Energy market disruption has led to higher energy prices and supply risks

  • Competitiveness and productivity gap limiting potential growth and innovation

  • Social and territorial inequalities, which affect France’s cohesion and stability

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Belgium

Why Belgium :

  • Ranked 12th in the world in the 2022 SJR - International Science Ranking

  • Strong public investment which enhances the productivity and resilience of the economy.

  • Diversified and industrialized economy, with competitive sectors such as services, biotechnology, transportation, and exports

  • Multilingual and skilled workforce, with a high level of education and proficiency in French, Dutch, German, and English

Challenges :

  • Global competition and digital disruption

  • Low workforce participation rate

  • Unbalanced public finances pose a risk to fiscal sustainability and credibility

  • High inflation eroding the purchasing power of households and businesses

The Netherlands

Why The Netherlands :

  • Fourth in the world in the 2022 Global Innovation Index

  • Highest English proficiency in the world, with nine out of every ten people speaking English as a second language

  • Netherlands is home to the International Court of Justice

  • Sixth in the world in the 2022 Global Competitiveness Report

Challenges :

  • Urgency of the transition to net zero

  • Aging-related fiscal pressures

  • Pervasive labor shortages

  • Supporting and up skilling of the workforce

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Switzerland

Why Switzerland :

  • Switzerland has the second highest per capita GDP in the world

  • First in the world in the 2022 Global Innovation Index

  • Second in the world in the 2022 Global Competitiveness Report

  • Third in the world in the 2022 Human Development Index

Challenges :

  • The geopolitical tensions and elevated uncertainty

  • Reduced trade and investment

  • Digital revolution

  • Tax haven stereotype

United Arab Emirates

Why United Arab Emirates :

  • One of the highest per capita GDP in the world

  • Tax-free environment, with no income tax or corporate tax for most businesses

  • World’s first government ministry for artificial intelligence

  • Seventh-largest proven reserves of both crude oil and natural gas in the world

Challenges :

  • Decline in oil output resulting from OPEC-agreed production cuts

  • Dependence on oil revenues

  • Diversification and innovation gap

  • Environmental challenges

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