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Old 12-31-2007, 09:55 PM
Mercenary Mercenary is offline
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Join Date: Jun 2007
Posts: 4,120
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Dear robertplant

Read the followin economic info about this country

Economy - overview:
The economy of Benin remains underdeveloped and dependent on subsistence agriculture, cotton production, and regional trade. Growth in real output has averaged around 5% in the past six years, but rapid population growth has offset much of this increase. Inflation has subsided over the past several years. In order to raise growth still further, Benin plans to attract more foreign investment, place more emphasis on tourism, facilitate the development of new food processing systems and agricultural products, and encourage new information and communication technology. Specific projects to improve the business climate by reforms to the land tenure system, the commercial justice system, and the financial sector were included in Benin's $307 million Millennium Challenge Account grant signed in February 2006. The 2001 privatization policy continues in telecommunications, water, electricity, and agriculture in spite of government reluctance. The Paris Club and bilateral creditors have eased the external debt situation, with Benin benefiting from a G8 debt reduction announced in July 2005, while pressing for more rapid structural reforms. Benin continues to be hurt by Nigerian trade protection that bans imports of a growing list of products from Benin and elsewhere, which has resulted in increased smuggling and criminality in the border region


There are also from a reliable source CIA year factbook
https://www.cia.gov/library/publicat...s/bn.html#Govt

Another thing that worrys me is political situation in Nigeria that may effect to all coyntries arround.

I should avoid to travel there.

Any sell must be covered by irrevocable letter of credit guaranteed from a reliable correspondence bank of western world and the amount payable upon shipment.

__________________
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