Opportunity
• The economy of Norway is become more robust. Despite the economy of EU has problem crisis but energy industry is export-driven region of Norway. If other countries’s goods can enter the Norwegian market so that country can able to enter EFTA and EEA countries easily because of import regulations enforced in the same with EU.
• For Inland logistics, government allowed private companies took part in the contract project such as transportation, roads, railway, airport and mass transit to meet the goal and accelerate logistics network modernization.
Threat
• Importing tax of food and agricultural products of Norway has a policy to protect local agricultural produce of a given import tariff which is determine the rate for importing and standard of product such as fresh fruit, fresh vegetables, meat and finished products like canned food over many countries.
• Standard commercial trade mostly only with European countries, high standard of product, stricter regulations and high cost of transportation.
• Although the Norwegian language can communicate in English very well but the official, still speaking Norwegian as well. Thus investors should use agent or business partner provide guidance and coordination with other agencies in early stages of starting a business.