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--ANTIGUA AND BARBUDA

   
 
 
 
FROM ANTIGUA AND BARBUDA
 
Antigua and Barbuda Imports and Exports, Antigua and Barbuda Industry Directories, Merchandise from Antigua and Barbuda, Trade Directory, Antigua and Barbuda Business environment, Antigua and Barbuda Manufacturers, Antigua and Barbuda b2b Search, Antigua and Barbuda Distributors, Antigua and Barbuda Products, Antigua and Barbuda Newspapers, Antigua and Barbuda Radio Stations.
 

Background:
The Siboney were the first to inhabit the islands of Antigua and Barbuda in 2400 B.C., but Arawak and Carib Indians populated the islands when Columbus landed on his second voyage in 1493. Early settlements by the Spanish and French were succeeded by the English who formed a colony in 1667. Slavery, established to run the sugar plantations on Antigua, was abolished in 1834. The islands became an independent state within the British Commonwealth of Nations in 1981.

Economy - overview:
Tourism continues to dominate the economy, accounting for more than half of GDP. Weak tourist arrival numbers since early 2000 have slowed the economy, however, and pressed the government into a tight fiscal corner. The dual-island nation's agricultural production is focused on the domestic market and constrained by a limited water supply and a labor shortage stemming from the lure of higher wages in tourism and construction. Manufacturing comprises enclave-type assembly for export with major products being bedding, handicrafts, and electronic components. Prospects for economic growth in the medium term will continue to depend on income growth in the industrialized world, especially in the US, which accounts for slightly more than one-third of tourist arrivals.

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