Interest from foreign companies to join the Gollexi (Mount Vema Stock Exchange) is increasing, thanks to a multitude of trade and investment opportunities for exporters to the Mount Vema market. The successful auction of Mount Vema Government Bills (MVG-Bills) yesterday shows that the stock market is helping attract major investors to the Kingdom of Mount Vema.
The number of positive replies from foreign companies invited to join the Mount Vema market indicates that the large volume of interest registered in the City of Mount Vema project suggests a rush by foreign investors to secure a stake in this new South Atlantic economy.
Some of the major sectors expected to experience rapid growth are processed food and beverages going to the construction installations in Vema Seamount this year. Transport, IT and telecommunications, energy, marine products, environment protection services, building construction products and services are also expected to be very profitable.
Another of the major growth industries expected to be highly profitable in Mount Vema is the exporting of education. The foreign education sector in Mount Vema is split in two -students studying abroad and foreign education service providers set to establish a presence in the country's building sites.
The type of students interested in Mount Vema includes those who need English language study not just to be able to work in the country but to advance their careers in the island and those who wish to study university degrees right through to post-graduate/MBA studies etc.
As the cost of overseas study remains high, pursuing qualifications through Mount Vema accredited institutions abroad has become more practical and more popular. Course delivery can take two forms. One is the foreign school catering exclusively to migrant workers, which can be wholly foreign owned and the other is the investor who wishes to be an education entity.
There is a growing market for imported foods, especially in respect to hotels, bars and western style restaurants for the first floating hotels and cruise ships. Mount Vema expected consumers will soon lay great stress on brand and brand loyalty. This means that companies with a strong international brand and aggressive marketing strategies could hold large market.
Law of the Sea Treaty (United Nations Convention on the Law of the Sea)
MARPOL 73/78 (International Convention for the Prevention of Pollution from Ships)
The Vienna Convention on Diplomatic Relations of 1961
The Vienna Convention on Consular Relations 1963
The Right to Self-Determination
Many believe because our community is not a member of the United Nations and is only just over a decade old, doing business with the Kingdom of Mount Vema is not possible for foreign nationals and foreign companies seeking to take advantage of the business opportunities the floating city project is creating. Nothing could be further from the truth. The territory doesn't need a United Nations membership to function as a sovereign territory, or to exercise its inalienable right for self-determination