About Barbados
Barbados is an eastern Caribbean island and an independent British Commonwealth nation. Bridgetown, the capital, is a cruise-ship port with colonial buildings and Nidhe Israel, a synagogue founded in 1654. Around the island are beaches, botanical gardens, the Harrison’s Cave formation, and 17th-century plantation houses like St. Nicholas Abbey. Local traditions include afternoon tea and cricket, the national sport.
Country Name: Barbados
Region: Caribbean
Capital: Bridgetown
Official Language: English
Currency: Barbadian dollar (BBD)
Population: (update to current data)
Time Zone: Atlantic Standard Time (AST)
Major Cities: Bridgetown, Speightstown, Oistins, Bathsheba, Holetown
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Trade Overview:
Barbados’s economy is services-based with tourism and offshore banking playing major roles. Manufacturing and agriculture, including sugar production, also contribute to the economy.
Major Imports: Refined petroleum, cars, packaged medicaments, other furniture, building and construction materials
Major Exports: Hard liquor, packaged medicaments, other special-purpose machinery, perfumes, other plastic products
Import/Export Regulations:
Barbados maintains a relatively liberal trade regime, but certain goods may require specific permits or licenses.
Trade Agreements:
Barbados is a member of the Caribbean Community (CARICOM).
Business Culture:
The business culture in Barbados is somewhat formal. Business attire is expected, and punctuality is highly appreciated.
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