Bahamas Country Commercial Guide
Learn about the market conditions, opportunities, regulations, and business conditions in bahamas, prepared by at U.S. Embassies worldwide by Commerce Department, State Department and other U.S. agencies’ professionals
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Trade Agreements
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The Bahamas opened an office in Geneva in June 2015 to facilitate its membership in the World Trade Organization (WTO).  Although some notable work has been done to modernize its trade regime, accession to the WTO is unlikely to take place before 2030.

The country is a beneficiary of the Caribbean Basin Economic Recovery Act (CBERA) as part of the Caribbean Basin Initiative (CBI) to promote Caribbean-manufactured products.  The Bahamas also maintains a Tax Information Exchange Agreement (TIEA) with the United States, which allows U.S. taxpayers to deduct legitimate business expenses incurred while doing business in The Bahamas.

The country receives preferential access under Canada’s CARIBCAN Program and remains a signatory to the Economic Partnership Agreement (EPA) between Europe and the member states of the Caribbean Forum (CARIFORUM).  The Bahamas is also party the EPA between the United Kingdom and the countries of the CARIFORUM.

The Bahamas is an active member of the Caribbean Community (CARICOM) but is not a member of the grouping’s Single Market & Economy (its economic and customs union). 

 

 

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Global Business Navigator Chatbot Beta

Welcome to the Global Business Navigator, an artificial intelligence (AI) Chatbot from the International Trade Administration (ITA). This tool, currently in beta version testing, is designed to provide general information on the exporting process and the resources available to assist new and experienced U.S. exporters. The Chatbot, developed using Microsoft’s Azure AI services, is trained on ITA’s export-related content and aims to quickly get users the information they need. The Chatbot is intended to make the benefits of exporting more accessible by understanding non-expert language, idiomatic expressions, and foreign languages.

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As a beta product, the Chatbot is currently being tested and its responses may occasionally produce inaccurate or incomplete information. The Chatbot is trained to decline out of scope or inappropriate requests. The Chatbot’s knowledge is limited to the public information on the Export Solutions web pages of Trade.gov, which covers a wide range of topics on exporting. While it cannot provide responses specific to a company’s product or a specific foreign market, its reference pages will guide you to other relevant government resources and market research. Always double-check the Chatbot’s responses using the provided references or by visiting the Export Solutions web pages on Trade.gov. Do not use its responses as legal or professional advice. Inaccurate advice from the Chatbot would not be a defense to violating any export rules or regulations.

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