Montenegro

Wikipedia Country Information

Montenegro ( MON-ti-NAYG-roh, -NEEG-, -NEG-; Montenegrin: Crna Gora / Црна Гора [t͡sr̩̂ːnaː ɡɔ̌ra], meaning "Black Mountain") is a sovereign state in Southeastern Europe. It has a coast on the Adriatic Sea to the southwest and is bordered by Croatia to the west, Bosnia and Herzegovina to the northwest, Serbia to the northeast, Kosovo to the east, and Albania to the southeast. Its capital and largest city is Podgorica, while Cetinje is designated as the Old Royal Capital (prijestonica).
In the 9th century, three Serbian principalities were located on the territory of Montenegro: Duklja, roughly corresponding to the southern half; Travunia, the west; and Rascia, the north. In 1042, archon Stefan Vojislav led a revolt that resulted in the independence of Duklja from the Byzantine Empire and the establishment of the Vojislavljević dynasty. After passing through the control of several regional powers and the Ottoman Empire in the ensuing centuries, it became a part of the Kingdom of Yugoslavia in 1918, which was succeeded by the Socialist Federal Republic of Yugoslavia in 1945.
After the Breakup of Yugoslavia in 1992, the republics of Serbia and Montenegro together established a federation as the Federal Republic of Yugoslavia, although its status as the legal successor to Yugoslavia was opposed by other former republics and denied by the United Nations; in 2003, it renamed itself Serbia and Montenegro. On the basis of an independence referendum held on 21 May 2006, Montenegro declared independence on 3 June of that year.
Classified by the World Bank as an upper middle-income country, Montenegro is a member of the UN, NATO, the World Trade Organization, the Organization for Security and Co-operation in Europe, the Council of Europe, the Central European Free Trade Agreement and a founding member of the Union for the Mediterranean.


Instruments ratified: 166 / 282
World Average Ratifications: 114 / 282
Ratification rate: 61.06%
World Average Rate: 41.25%
Weighted score: 66.68%
World Average Weighted Score: 41.25%
World rank: 20 / 194
Transition economy rank: 4 / 28
Transition economy Avg. Ratifications: 141 / 282
Western Europe rank: 8 / 10
Western Europe Avg. Ratifications: 169 / 282
CONTRACTSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Agency0/20.00%2.00%8Weak
Conflict of laws1/7 (14.29%)14.29%3.00%9Strong
E-commerce1/3 (33.33%)33.33%18.00%33Strong
Franchising0/10.00%0.00%1Average
Leasing/Factoring0/20.00%5.00%13Weak
Principles, trade usages and standards0/20.00%0.00%1Average
Procurement0/40.00%3.00%31Weak
Sale of Goods3/5 (60.00%)81.82%25.00%2Strong
Travel contracts0/10.00%3.00%7Weak
Total521.74%9.00%12Strong
 
CUSTOMSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Customs Codification2/3 (66.67%)100.00%78.00%1Strong
Customs Cooperation2/6 (33.33%)40.00%26.00%48Strong
Exemption from Duties7/9 (77.78%)85.19%30.00%4Strong
Temporary Admission4/11 (36.36%)47.06%28.00%50Strong
Transit2/4 (50.00%)54.55%28.00%42Strong
Total1760.87%31.00%34Strong
 
DISPUTE RESOLUTIONInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Arbitration5/6 (83.33%)75.00%32.00%2Strong
Judicial cooperation5/5 (100.00%)100.00%36.00%1Strong
Recognition of foreign judgments0/20.00%2.00%6Weak
State court jurisdiction0/40.00%14.00%29Weak
State court procedure0/10.00%6.00%12Weak
State immunities 0/10.00%11.00%22Weak
Total1068.00%29.00%10Strong
 
ENVIRONMENT AND PRODUCTSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Air4/5 (80.00%)80.00%86.00%59Weak
Chemicals1/1 (100.00%)100.00%78.00%1Strong
Energy2/2 (100.00%)100.00%25.00%1Strong
Flora and fauna6/10 (60.00%)65.22%68.00%91Weak
Foodstuff2/2 (100.00%)100.00%79.00%1Strong
General1/1 (100.00%)100.00%95.00%1Weak
International watercourses1/1 (100.00%)100.00%18.00%1Strong
Maritime and Law of the Sea17/26 (65.38%)68.48%46.00%44Strong
Protected geographical areas 0/10.00%27.00%54Weak
Waste1/1 (100.00%)100.00%93.00%1Weak
Total3572.40%61.00%47Strong
 
FINANCE, PAYMENTS AND INSOLVENCYInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Assignment of receivables0/10.00%1.00%2Weak
Bankruptcy and insolvency1/1 (100.00%)100.00%21.00%1Strong
Bills of exchange and promissory notes0/40.00%8.00%43Weak
Cheques0/30.00%13.00%36Weak
Credit transfers0/10.00%0.00%1Average
International guarantees0/30.00%20.00%75Weak
Total112.20%12.00%85Weak
 
GOOD GOVERNANCE Inst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Corruption2/4 (50.00%)66.67%50.00%34Strong
Cultural Property3/4 (75.00%)68.75%54.00%38Strong
Drugs3/3 (100.00%)100.00%95.00%1Weak
Insider Trading0/10.00%4.00%9Weak
Organized crime2/2 (100.00%)100.00%80.00%1Strong
Total1080.77%68.00%35Strong
 
HUMAN RIGHTS AND LABOUR STANDARDSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Human Rights7/7 (100.00%)100.00%96.00%1Weak
Labour Standards8/8 (100.00%)100.00%86.00%1Strong
Total15100.00%91.00%1Average
 
INSTITUTIONAL PARTICIPATIONInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Dispute Resolution0/10.00%39.00%77Weak
International Trade Law 7/10 (70.00%)70.00%73.00%84Weak
Trade support institutions4/6 (66.67%)66.67%51.00%56Strong
Total1164.71%63.00%79Weak
 
INTELLECTUAL PROPERTYInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Broadcasting1/1 (100.00%)100.00%47.00%1Strong
Copyright3/3 (100.00%)100.00%65.00%1Strong
Industrial designs2/2 (100.00%)100.00%31.00%1Strong
Integrated circuits0/10.00%2.00%4Weak
Neighboring Rights3/3 (100.00%)100.00%46.00%1Strong
Origin2/3 (66.67%)66.67%14.00%7Strong
Patents5/5 (100.00%)100.00%57.00%1Strong
Trademarks5/6 (83.33%)77.27%33.00%29Strong
Varieties of plants1/1 (100.00%)100.00%37.00%1Strong
Total2290.53%42.00%8Strong
 
INVESTMENTSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Investment disputes1/2 (50.00%)50.00%39.00%2Strong
Investment guaranty1/1 (100.00%)100.00%93.00%1Weak
Total266.67%57.00%2Strong
 
PRODUCTSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Marine Resources0/10.00%24.00%48Weak
Timber0/10.00%31.00%61Weak
General1/1 (100.00%)100.00%92.00%1Weak
Total138.46%53.00%85Weak
 
TRANSPORT AND TELECOMMUNICATIONSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Air transport4/7 (57.14%)76.19%59.00%54Strong
Aircrafts and civil aviation 5/9 (55.56%)76.00%74.00%80Weak
Maritime shipping and load lines 10/13 (76.92%)85.71%66.00%55Strong
Maritime transport4/12 (33.33%)25.00%27.00%94Weak
Multi modal transport 0/20.00%4.00%15Weak
Rail transport1/3 (33.33%)27.27%22.00%46Strong
Road transport3/4 (75.00%)83.33%31.00%35Strong
Space2/4 (50.00%)33.33%40.00%99Weak
Telecommunications2/2 (100.00%)100.00%47.00%1Strong
Total3165.54%50.00%41Strong
 
TREATIES LAWInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
General3/4 (75.00%)91.67%30.00%4Strong
Total391.67%30.00%4Strong
 
WTOInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Plurilateral Agreements2/2 (100.00%)100.00%18.00%1Strong
WTO Agreements1/1 (100.00%)100.00%81.00%1Strong
Total3100.00%47.00%1Strong
 
Strong
ContractsConflict of laws
ContractsE-commerce
ContractsSale of Goods
CustomsCustoms Codification
CustomsCustoms Cooperation
CustomsExemption from Duties
CustomsTemporary Admission
CustomsTransit
Dispute resolutionArbitration
Dispute resolutionJudicial cooperation
Environment and productsChemicals
Environment and productsEnergy
Environment and productsFoodstuff
Environment and productsInternational watercourses
Environment and productsMaritime and Law of the Sea
Finance, payments and insolvencyBankruptcy and insolvency
Good Governance Corruption
Good Governance Cultural Property
Good Governance Organized crime
Human Rights and Labour StandardsLabour Standards
Institutional ParticipationTrade support institutions
Intellectual propertyBroadcasting
Intellectual propertyCopyright
Intellectual propertyIndustrial designs
Intellectual propertyNeighboring Rights
Intellectual propertyOrigin
Intellectual propertyPatents
Intellectual propertyTrademarks
Intellectual propertyVarieties of plants
InvestmentsInvestment disputes
Transport and telecommunicationsAir transport
Transport and telecommunicationsMaritime shipping and load lines
Transport and telecommunicationsRail transport
Transport and telecommunicationsRoad transport
Transport and telecommunicationsTelecommunications
Treaties lawGeneral
WTOPlurilateral Agreements
WTOWTO Agreements
 
Average
ContractsFranchising
ContractsPrinciples, trade usages and standards
Finance, payments and insolvencyCredit transfers
 
Weak
ContractsAgency
ContractsLeasing/Factoring
ContractsProcurement
ContractsTravel contracts
Dispute resolutionRecognition of foreign judgments
Dispute resolutionState court jurisdiction
Dispute resolutionState court procedure
Dispute resolutionState immunities
Environment and productsAir
Environment and productsFlora and fauna
Environment and productsGeneral
Environment and productsProtected geographical areas
Environment and productsWaste
Finance, payments and insolvencyAssignment of receivables
Finance, payments and insolvencyBills of exchange and promissory notes
Finance, payments and insolvencyCheques
Finance, payments and insolvencyInternational guarantees
Good Governance Drugs
Good Governance Insider Trading
Human Rights and Labour StandardsHuman rights
Institutional ParticipationDispute Resolution
Institutional ParticipationInternational Trade Law
Intellectual propertyIntegrated circuits
InvestmentsInvestment guaranty
ProductsGeneral
ProductsMarine Resources
ProductsTimber
Transport and telecommunicationsAircrafts and civil aviation
Transport and telecommunicationsMaritime transport
Transport and telecommunicationsMulti modal transport
Transport and telecommunicationsSpace

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