Denmark is third best in World Economic Forum’s Enabling Trade Index
24 May 2012
For the second year in a row, Denmark is ranked third best in World Economic Forum’s “Enabling Trade Index” that quantifies how institutions, politics and services support the free movement of goods and consequently create a good basis for trading. Only companies based in Singapore and Hong Kong have superior trade conditions.
Danish companies have no reason to grouse about complex regulations and financially straining legislation that make it hard to sell commodities and services. As a matter of fact, Denmark is the EU country that gives companies the best trade conditions. And worldwide, only the authorities in Singapore and Hong Kong provide a better trade and export framework, The World Economic Forum concludes in their new “Enabling Trade Index”.
The index measures how institutions, politics and services support the free movement of goods and services and as a result create a good basis for trading.
Ranking third in the renowned trade index pleases Danish Minister for Trade and Investment, Pia Olsen Dyhr:
-Such a seal of approval makes it easier for us to attract foreign investments, says the minister.
This is an excerpt. Read the full article here (in Danish)
For more information
Download The Global Enabling Trade Report 2012 here, at World Economic Forum’s website www.weforum.org