Seychelles

Abstract

Wikipedia Country Information

Seychelles ( say-SHELZ; French: [seʃɛl]), 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 94,228, 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 unequal wealth distribution.


Summary
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
Comparative Statistical Analysis
CONTRACTS Inst. ratified Country score World avg. score Country rank in world Strength
Agency 0/2 0.00% 2.00% 8 Weak
Conflict of laws 0/7 0.00% 3.00% 27 Weak
E-commerce 1/3 (33.33%) 33.33% 18.00% 33 Strong
Franchising 0/1 0.00% 0.00% 1 Average
Leasing/Factoring 0/2 0.00% 5.00% 13 Weak
Principles, trade usages and standards 0/2 0.00% 0.00% 1 Average
Procurement 0/4 0.00% 3.00% 31 Weak
Sale of Goods 0/5 0.00% 25.00% 89 Weak
Travel contracts 0/1 0.00% 3.00% 7 Weak
Total 1 7.25% 9.00% 94 Weak
 
CUSTOMS Inst. ratified Country score World avg. score Country rank in world Strength
Customs Codification 0/3 0.00% 78.00% 153 Weak
Customs Cooperation 1/6 (16.67%) 20.00% 26.00% 107 Weak
Exemption from Duties 0/9 0.00% 30.00% 133 Weak
Temporary Admission 0/11 0.00% 28.00% 126 Weak
Transit 0/4 0.00% 28.00% 98 Weak
Total 1 3.26% 31.00% 168 Weak
 
DISPUTE RESOLUTION Inst. ratified Country score World avg. score Country rank in world Strength
Arbitration 0/6 0.00% 32.00% 157 Weak
Judicial cooperation 3/5 (60.00%) 78.95% 36.00% 42 Strong
Recognition of foreign judgments 0/2 0.00% 2.00% 6 Weak
State court jurisdiction 0/4 0.00% 14.00% 29 Weak
State court procedure 0/1 0.00% 6.00% 12 Weak
State immunities 0/1 0.00% 11.00% 22 Weak
Total 3 30.00% 29.00% 69 Weak
 
ENVIRONMENT AND PRODUCTS Inst. ratified Country score World avg. score Country rank in world Strength
Air 5/5 (100.00%) 100.00% 86.00% 1 Strong
Chemicals 0/1 0.00% 78.00% 152 Weak
Energy 0/2 0.00% 25.00% 50 Weak
Flora and fauna 7/10 (70.00%) 76.09% 68.00% 46 Strong
Foodstuff 2/2 (100.00%) 100.00% 79.00% 1 Strong
General 1/1 (100.00%) 100.00% 95.00% 1 Weak
International watercourses 0/1 0.00% 18.00% 36 Weak
Maritime and Law of the Sea 8/26 (30.77%) 30.43% 46.00% 143 Weak
Protected geographical areas 0/1 0.00% 27.00% 54 Weak
Waste 1/1 (100.00%) 100.00% 93.00% 1 Weak
Total 24 55.21% 61.00% 123 Weak
 
FINANCE, PAYMENTS AND INSOLVENCY Inst. ratified Country score World avg. score Country rank in world Strength
Assignment of receivables 0/1 0.00% 1.00% 2 Weak
Bankruptcy and insolvency 1/1 (100.00%) 100.00% 21.00% 1 Strong
Bills of exchange and promissory notes 0/4 0.00% 8.00% 43 Weak
Cheques 0/3 0.00% 13.00% 36 Weak
Credit transfers 0/1 0.00% 0.00% 1 Average
International guarantees 1/3 (33.33%) 27.27% 20.00% 68 Strong
Total 2 19.51% 12.00% 43 Strong
 
GOOD GOVERNANCE Inst. ratified Country score World avg. score Country rank in world Strength
Corruption 1/4 (25.00%) 41.67% 50.00% 92 Weak
Cultural Property 2/4 (50.00%) 50.00% 54.00% 61 Weak
Drugs 3/3 (100.00%) 100.00% 95.00% 1 Weak
Insider Trading 0/1 0.00% 4.00% 9 Weak
Organized crime 1/2 (50.00%) 62.50% 80.00% 112 Weak
Total 7 63.46% 68.00% 123 Weak
 
HUMAN RIGHTS AND LABOUR STANDARDS Inst. ratified Country score World avg. score Country rank in world Strength
Human Rights 6/7 (85.71%) 85.71% 96.00% 143 Weak
Labour Standards 7/8 (87.50%) 87.50% 86.00% 134 Weak
Total 13 86.67% 91.00% 150 Weak
 
INSTITUTIONAL PARTICIPATION Inst. ratified Country score World avg. score Country rank in world Strength
Dispute Resolution 0/1 0.00% 39.00% 77 Weak
International Trade Law 6/10 (60.00%) 60.00% 73.00% 126 Weak
Trade support institutions 1/6 (16.67%) 16.67% 51.00% 146 Weak
Total 7 41.18% 63.00% 148 Weak
 
INTELLECTUAL PROPERTY Inst. ratified Country score World avg. score Country rank in world Strength
Broadcasting 0/1 0.00% 47.00% 93 Weak
Copyright 0/3 0.00% 65.00% 172 Weak
Industrial designs 0/2 0.00% 31.00% 82 Weak
Integrated circuits 0/1 0.00% 2.00% 4 Weak
Neighboring Rights 0/3 0.00% 46.00% 120 Weak
Origin 0/3 0.00% 14.00% 51 Weak
Patents 2/5 (40.00%) 47.62% 57.00% 87 Weak
Trademarks 0/6 0.00% 33.00% 124 Weak
Varieties of plants 0/1 0.00% 37.00% 73 Weak
Total 2 10.53% 42.00% 164 Weak
 
INVESTMENTS Inst. ratified Country score World avg. score Country rank in world Strength
Investment disputes 1/2 (50.00%) 50.00% 39.00% 2 Strong
Investment guaranty 1/1 (100.00%) 100.00% 93.00% 1 Weak
Total 2 66.67% 57.00% 2 Strong
 
PRODUCTS Inst. ratified Country score World avg. score Country rank in world Strength
Marine Resources 0/1 0.00% 24.00% 48 Weak
Timber 0/1 0.00% 31.00% 61 Weak
General 1/1 (100.00%) 100.00% 92.00% 1 Weak
Total 1 38.46% 53.00% 85 Weak
 
TRANSPORT AND TELECOMMUNICATIONS Inst. ratified Country score World avg. score Country rank in world Strength
Air transport 5/7 (71.43%) 90.48% 59.00% 4 Strong
Aircrafts and civil aviation 7/9 (77.78%) 92.00% 74.00% 11 Strong
Maritime shipping and load lines 7/13 (53.85%) 77.14% 66.00% 94 Strong
Maritime transport 4/12 (33.33%) 33.33% 27.00% 55 Strong
Multi modal transport 0/2 0.00% 4.00% 15 Weak
Rail transport 0/3 0.00% 22.00% 50 Weak
Road transport 2/4 (50.00%) 55.56% 31.00% 48 Strong
Space 3/4 (75.00%) 83.33% 40.00% 16 Strong
Telecommunications 0/2 0.00% 47.00% 114 Weak
Total 28 62.16% 50.00% 52 Strong
 
TREATIES LAW Inst. ratified Country score World avg. score Country rank in world Strength
General 1/4 (25.00%) 25.00% 30.00% 109 Weak
Total 1 25.00% 30.00% 109 Weak
 
WTO Inst. ratified Country score World avg. score Country rank in world Strength
Plurilateral Agreements 0/2 0.00% 18.00% 45 Weak
WTO Agreements 1/1 (100.00%) 100.00% 81.00% 1 Strong
Total 1 45.45% 47.00% 45 Weak
 
Strengths and Weakness
Strong
Contracts E-commerce
Dispute resolution Judicial cooperation
Environment and products Air
Environment and products Flora and fauna
Environment and products Foodstuff
Finance, payments and insolvency Bankruptcy and insolvency
Finance, payments and insolvency International guarantees
Investments Investment disputes
Transport and telecommunications Air transport
Transport and telecommunications Aircrafts and civil aviation
Transport and telecommunications Maritime shipping and load lines
Transport and telecommunications Maritime transport
Transport and telecommunications Road transport
Transport and telecommunications Space
WTO WTO Agreements
 
Average
Contracts Franchising
Contracts Principles, trade usages and standards
Finance, payments and insolvency Credit transfers
 
Weak
Contracts Agency
Contracts Conflict of laws
Contracts Leasing/Factoring
Contracts Procurement
Contracts Sale of Goods
Contracts Travel contracts
Customs Customs Codification
Customs Customs Cooperation
Customs Exemption from Duties
Customs Temporary Admission
Customs Transit
Dispute resolution Arbitration
Dispute resolution Recognition of foreign judgments
Dispute resolution State court jurisdiction
Dispute resolution State court procedure
Dispute resolution State immunities
Environment and products Chemicals
Environment and products Energy
Environment and products General
Environment and products International watercourses
Environment and products Maritime and Law of the Sea
Environment and products Protected geographical areas
Environment and products Waste
Finance, payments and insolvency Assignment of receivables
Finance, payments and insolvency Bills of exchange and promissory notes
Finance, payments and insolvency Cheques
Good Governance Corruption
Good Governance Cultural Property
Good Governance Drugs
Good Governance Insider Trading
Good Governance Organized crime
Human Rights and Labour Standards Human rights
Human Rights and Labour Standards Labour Standards
Institutional Participation Dispute Resolution
Institutional Participation International Trade Law
Institutional Participation Trade support institutions
Intellectual property Broadcasting
Intellectual property Copyright
Intellectual property Industrial designs
Intellectual property Integrated circuits
Intellectual property Neighboring Rights
Intellectual property Origin
Intellectual property Patents
Intellectual property Trademarks
Intellectual property Varieties of plants
Investments Investment guaranty
Products General
Products Marine Resources
Products Timber
Transport and telecommunications Multi modal transport
Transport and telecommunications Rail transport
Transport and telecommunications Telecommunications
Treaties law General
WTO Plurilateral Agreements
Instruments ratifications

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