Indian Industry

Country Profile

Guinea
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The west african nation, guinea has the curved territory which has its base structure at the atlantic ocean, inland to the eastern side and with a turn to the south. Political system of the guinea is working under the framework of the presidential republic, in which the president is known as both state, government heads and is also the commander in chief of the guinea military. President and his cabinet has the right to exercise the executive powers granted to him. Guinea is divided in total 4 different natural regions, having the separate human, geographical and climate attributes. It has 7 administrative regions which are again sub-divided into 30 prefectures. Conakry, national capital, has been recognized as the special zone. Guinea is endowed with around one-half of the world's bauxite reserves.

Snapshot

Official Name - Republic of Guinea
Capital City - Conakry
Type of Government - Republic
Currency - Guinean Franc
Fiscal Year - Calendar Year
Official Language(s) - French
Local Time - Greenwich Mean Time
International Dialling Code - +224
Internet Domain - .gn
Major Towns/Cities - Conakry, Kankan, Kindia, Mamou, Nzerekore
Major Industries - Bauxite, Gold, Diamonds, Iron, Alumina Refining, Light Manufacturing, Agricultural Processing
Major Trading Partners - Pakistan, Nigeria, Italy, Senegal, Portugal
Double Taxation Treaty with India - No



Economic Overview
  • Guinea is blessed with high minerals like gold, iron ore, diamonds etc.
  • High potentiality in the agriculture and fishing sectors.
  • The nation has been recognized as the leading bauxite exporter in throughout the world.
  • Well acclaimed producer of organic foods.
  • Machine tools, aluminum, paper, wood products, construction materials, textiles, shipbuilding, food and beverages, tourism are some of the major industries.
International Trade

Major Export Items
Bauxite, Alumina, Gold, Diamonds, Coffee, Fish, Agricultural Products

Main Destinations of Exports
Russia, Ukraine, South Korea, Spain, USA, Germany, France, Ireland, China

Major Import Items
Petroleum Products, Metals, Machinery, Transport Equipment, Textiles, Grain and Other Foodstuffs

Main Origins of Imports
China, France, Netherlands

Contacts of Trade Ministries/ Associations

Chamber of Commerce and Industry Economic Chamber of Guinea
Agricultural Guinee, B.p 545, Conakry
Guinea
Tel.: +(224)-412994
Fax: +(224)-413764

P.o. Box 609, Conakry
Guinea












Business Visa Rules
  • Passport with minimum 6 months of validity.
  • Visa application form duly completed with the signature along with the passport size photographs.
  • Business cover letter from the applicant's company stating the purpose, duration of travel along with the financial guarantee of bearing all the expenses that will be arise during the stay in guinea.
  • Invitation letter from business associate or company situated in guinea.
  • Copy of return ticket or confirmed itinerary.
  • Vaccination certificate in respect of the yellow fever.
Business Hours

Office hours : Monday to Friday 08:00 to 16:30 or 17:00.

Public Holidays

Festival Date
New Year's Day January 01
Mouloud (Birth of the Prophet) January 06
Easter Monday Date Varies
Labour Day May 01
Assumption August 15
Independence Day October 02
Eid al-Fitr (End of Ramadan) Date Varies
All Saints' Day November 01
Feast of Sacrifice Date Varies
Christmas Day December 25
Guinea


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