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Albania, a land of Gas, Oil, minerals and of agriculture with amazing landscapes to visit




+ 2 million people live in Albania, who transition from a socialist centrally planned economy to a capitalist mixed economy. Albania's largest trading partners are Italy, Greece, China, Spain, Kosovo and the United States.
Tirana and Durrës build both the financial and business heart of the country. The Foreign direct investment has increased significantly in recent years as the government has embarked on an ambitious program to improve the business climate through fiscal and legislative reforms.
The Government is focused on the simplification of licensing requirements and tax codes, and it entered into a new arrangement with the International Monetary Fund for additional financial and technical support.
Due to the Mediterranean climate, wine, olives and citrus fruits are mostly produced in southern Albania.
Agriculture in the country is based on small to medium-sized family-owned dispersed units.

As part of the pre-accession process of Albania to the European Union, farmers are being aided through IPA 2011 funds to improve Albanian agriculture standards. Albania produces significant amounts of tobacco, olives, wheat, maize, potatoes, vegetables, fruits, sugar beets, grapes, meat, honey, dairy products, and traditional medicine and aromatic plants, figs and sour cherries.

Albania's proximity to the Ionian Sea and the Adriatic Sea give the underdeveloped fishing industry great potential. 

The World Bank and European Community economists report that, Albania's fishing industry has good potential to generate export earnings because prices in the nearby Greek and Italian markets are many times higher than those in the Albanian market. The fish available off the coasts of Albania are carp, trout, sea bream, mussels, and crustaceans.

The secondary sector is widely diversified, from electronics, manufacturing, textiles, to food, cement, mining, and energy.
Albanian oil and gas is represents of the most promising albeit strictly regulated sectors of its economy. Albania has the second largest oil deposits in the Balkan peninsula after Romania, and the largest oil reserves in Europe.
Albania is a significant minerals producer and is ranked among the world's leading chromium producers and exporters. The nation is also a notable producer of copper, nickel and coal.
The service industry represents the fastest growing sector of the Albanian economy. The bulk of the tourist industry is concentrated along the Adriatic and the Ionian Sea coast. The latter has the most beautiful and pristine beaches, and is often called the Albanian
Energy in Albania is dependent on Hydroelectricity. Albania is the largest producer of Hydroelectricity in the World, with a percentage of 100%.
The airport of Tirana is the 8th busiest airport in the Balkans that handles over 2 million passengers per year.
The major Albanian port is the Port of Durrës.


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