Seychelles

Wikipedia Country Information

Seychelles ( say-SHELZ; French: [sɛʃɛl]), officially the Republic of Seychelles (French: République des Seychelles; Creole: Repiblik Sesel), is an archipelago and country in the Indian Ocean. The 115-island country, whose capital is Victoria, lies 1,500 kilometres (932 mi) east of mainland East Africa. Other nearby island countries and territories include Comoros, Mayotte (region of France), Madagascar, Réunion (region of France) and Mauritius to the south. With a population of roughly 92,000, it has the smallest population of any sovereign African country; however, it does have a larger population than the British overseas territory Saint Helena, Ascension and Tristan da Cunha.
Seychelles is a member of the African Union, the Southern African Development Community, the Commonwealth of Nations, and the United Nations. After proclamation of independence from the United Kingdom in 1976, Seychelles has developed from a largely agricultural society to a market-based diversified economy, with agriculture being supplanted by rapidly rising service and public sectors as well as tourism. Since 1976, nominal GDP output has increased nearly sevenfold and the purchasing power parity nearly sixteenfold. In recent years, the government has encouraged foreign investment in order to upgrade these sectors. Today, Seychelles boasts the highest nominal per capita GDP in Africa, excluding the French regions. It is one of only a handful of countries in Africa with a high Human Development Index. Despite the country's newfound economic prosperity, poverty remains widespread due to a high level of income inequality, one of the highest in the world, and low wealth distribution.


Instruments ratified: 93 / 282
World Average Ratifications: 114 / 282
Ratification rate: 34.29%
World Average Rate: 41.25%
Weighted score: 39.63%
World Average Weighted Score: 41.25%
World rank: 127 / 194
Developing country rank: 58 / 87
Developing country Avg. Ratifications: 109 / 282
Eastern Africa rank: 8 / 17
Eastern Africa Avg. Ratifications: 84 / 282
Small island developing States rank: 11 / 37
Small island developing States Avg. Ratifications: 86 / 282
CONTRACTSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Agency0/20.00%2.00%8Weak
Conflict of laws0/70.00%3.00%27Weak
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 Goods0/50.00%25.00%89Weak
Travel contracts0/10.00%3.00%7Weak
Total17.25%9.00%94Weak
 
CUSTOMSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Customs Codification0/30.00%78.00%153Weak
Customs Cooperation1/6 (16.67%)20.00%26.00%107Weak
Exemption from Duties0/90.00%30.00%133Weak
Temporary Admission0/110.00%28.00%126Weak
Transit0/40.00%28.00%98Weak
Total13.26%31.00%168Weak
 
DISPUTE RESOLUTIONInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Arbitration0/60.00%32.00%157Weak
Judicial cooperation3/5 (60.00%)78.95%36.00%42Strong
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
Total330.00%29.00%69Weak
 
ENVIRONMENT AND PRODUCTSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Air5/5 (100.00%)100.00%86.00%1Strong
Chemicals0/10.00%78.00%152Weak
Energy0/20.00%25.00%50Weak
Flora and fauna7/10 (70.00%)76.09%68.00%46Strong
Foodstuff2/2 (100.00%)100.00%79.00%1Strong
General1/1 (100.00%)100.00%95.00%1Weak
International watercourses0/10.00%18.00%36Weak
Maritime and Law of the Sea8/26 (30.77%)30.43%46.00%143Weak
Protected geographical areas 0/10.00%27.00%54Weak
Waste1/1 (100.00%)100.00%93.00%1Weak
Total2455.21%61.00%123Weak
 
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 guarantees1/3 (33.33%)27.27%20.00%68Strong
Total219.51%12.00%43Strong
 
GOOD GOVERNANCE Inst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Corruption1/4 (25.00%)41.67%50.00%92Weak
Cultural Property2/4 (50.00%)50.00%54.00%61Weak
Drugs3/3 (100.00%)100.00%95.00%1Weak
Insider Trading0/10.00%4.00%9Weak
Organized crime1/2 (50.00%)62.50%80.00%112Weak
Total763.46%68.00%123Weak
 
HUMAN RIGHTS AND LABOUR STANDARDSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Human Rights6/7 (85.71%)85.71%96.00%143Weak
Labour Standards7/8 (87.50%)87.50%86.00%134Weak
Total1386.67%91.00%150Weak
 
INSTITUTIONAL PARTICIPATIONInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Dispute Resolution0/10.00%39.00%77Weak
International Trade Law 6/10 (60.00%)60.00%73.00%126Weak
Trade support institutions1/6 (16.67%)16.67%51.00%146Weak
Total741.18%63.00%148Weak
 
INTELLECTUAL PROPERTYInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Broadcasting0/10.00%47.00%93Weak
Copyright0/30.00%65.00%172Weak
Industrial designs0/20.00%31.00%82Weak
Integrated circuits0/10.00%2.00%4Weak
Neighboring Rights0/30.00%46.00%120Weak
Origin0/30.00%14.00%51Weak
Patents2/5 (40.00%)47.62%57.00%87Weak
Trademarks0/60.00%33.00%124Weak
Varieties of plants0/10.00%37.00%73Weak
Total210.53%42.00%164Weak
 
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 transport5/7 (71.43%)90.48%59.00%4Strong
Aircrafts and civil aviation 7/9 (77.78%)92.00%74.00%11Strong
Maritime shipping and load lines 7/13 (53.85%)77.14%66.00%94Strong
Maritime transport4/12 (33.33%)33.33%27.00%55Strong
Multi modal transport 0/20.00%4.00%15Weak
Rail transport0/30.00%22.00%50Weak
Road transport2/4 (50.00%)55.56%31.00%48Strong
Space3/4 (75.00%)83.33%40.00%16Strong
Telecommunications0/20.00%47.00%114Weak
Total2862.16%50.00%52Strong
 
TREATIES LAWInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
General1/4 (25.00%)25.00%30.00%109Weak
Total125.00%30.00%109Weak
 
WTOInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Plurilateral Agreements0/20.00%18.00%45Weak
WTO Agreements1/1 (100.00%)100.00%81.00%1Strong
Total145.45%47.00%45Weak
 
Strong
ContractsE-commerce
Dispute resolutionJudicial cooperation
Environment and productsAir
Environment and productsFlora and fauna
Environment and productsFoodstuff
Finance, payments and insolvencyBankruptcy and insolvency
Finance, payments and insolvencyInternational guarantees
InvestmentsInvestment disputes
Transport and telecommunicationsAir transport
Transport and telecommunicationsAircrafts and civil aviation
Transport and telecommunicationsMaritime shipping and load lines
Transport and telecommunicationsMaritime transport
Transport and telecommunicationsRoad transport
Transport and telecommunicationsSpace
WTOWTO Agreements
 
Average
ContractsFranchising
ContractsPrinciples, trade usages and standards
Finance, payments and insolvencyCredit transfers
 
Weak
ContractsAgency
ContractsConflict of laws
ContractsLeasing/Factoring
ContractsProcurement
ContractsSale of Goods
ContractsTravel contracts
CustomsCustoms Codification
CustomsCustoms Cooperation
CustomsExemption from Duties
CustomsTemporary Admission
CustomsTransit
Dispute resolutionArbitration
Dispute resolutionRecognition of foreign judgments
Dispute resolutionState court jurisdiction
Dispute resolutionState court procedure
Dispute resolutionState immunities
Environment and productsChemicals
Environment and productsEnergy
Environment and productsGeneral
Environment and productsInternational watercourses
Environment and productsMaritime and Law of the Sea
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
Good Governance Corruption
Good Governance Cultural Property
Good Governance Drugs
Good Governance Insider Trading
Good Governance Organized crime
Human Rights and Labour StandardsHuman rights
Human Rights and Labour StandardsLabour Standards
Institutional ParticipationDispute Resolution
Institutional ParticipationInternational Trade Law
Institutional ParticipationTrade support institutions
Intellectual propertyBroadcasting
Intellectual propertyCopyright
Intellectual propertyIndustrial designs
Intellectual propertyIntegrated circuits
Intellectual propertyNeighboring Rights
Intellectual propertyOrigin
Intellectual propertyPatents
Intellectual propertyTrademarks
Intellectual propertyVarieties of plants
InvestmentsInvestment guaranty
ProductsGeneral
ProductsMarine Resources
ProductsTimber
Transport and telecommunicationsMulti modal transport
Transport and telecommunicationsRail transport
Transport and telecommunicationsTelecommunications
Treaties lawGeneral
WTOPlurilateral Agreements

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