Beruflich Dokumente
Kultur Dokumente
31, 2017
Daniel Boydon,
Jemimah Estalilla
NORWAY
GOVERNMENT
o PARLIAMENTARY DEMOCRACY
minister or chancellor.
o CONSTITUTIONAL MONARCHY
- 169 Members
o Executive (Government)
o Judicial (Courts) -
Supreme Courts
- Court of Appeals
Odelsting, the bill would be sent to the Lagting for review or revision.
Most bills were passed unamended by the Lagting and then sent
directly to the king for royal assent. If a bill is amended by the Lagting
Thing”
Stortinget’s Jobs:
- Introduce Legislation
- Impose taxes
- Multi-party System
- Party-based System
o FIVE STAGES:
later. They can adopt the amendments or they can dismiss the
bill.
th – Once the bill has reached the King in Council. The bill
prime minister.
o BACKGROUND
Oslo. The only son of Crown Prince Olav (the future King Olav
January 1991.
years. Crown Prince Olav and Crown Princess Märtha also had
of 1814 stipulated that only male heirs could inherit the Throne.
Norway is the only son and younger child of King Harald V and
o DUTIES
King on who should assume the role of the new prime minister.
officer.
o Erna Solberg
According to the website Global Edge Edu, in 2016, Norway’s top 10 export goods are oil
and mineral fuels, seafood, industrial machinery, items nesoi (nesoi means not elsewhere
specified or indicated is used for an item that is not mention elsewhere in a classification
system, such as a customs or freight tariff. Similar to NES or Not elsewhere specified),
aluminum, electrical machinery, ships and boats, and precision instruments. Top 10
import goods include industrial machinery, motor vehicles and parts, electrical machinery
iron and steel articles, ships and boats, furniture, oil and mineral fuels, precision
Norway’s top 10 export countries are United Kingdom, Germany, Netherlands, France,
Sweden, Belgium, United States, Denmark, and China. Norway’s top 10 import countries
Netherlands, Poland, France and Italy. The country can have free trade with the following
countries: Chile, Croatia, Egypt, Israel, Jordan, Canada, Korea, Lebanon, Macedonia,
Mexico, Morocco, The Palestinian Territory, Singapore, South African Custom, Tunisia
and Turkey.
They also have 14 bilateral investment treaties (Chile, China, The Czech Republic,
Meanwhile they are currently in relations with Algeria, Columbia, Peru, The Gulf
They also have signed declarations on cooperation with Albania, Mercosur, Mongolia,
The country’s trade relations are with the EU Single Market, European Economic Area,
and EFTA.
EUROPEAN FREE TRADE AGREEMENT
The European Free Trade Agreement secures business access of Norway for and
markets and facilitate in trade policy. Its free trade agreements secure Norwegian
intergovernmental organization started in 1960. It is built on the premise of free trade and
and
Norway. It does not have a common policy, but negotiates on a round basis to maintain
sovereignty.
The European Economic Area provides direct access to EU single market even without
joining EU without custom fees, except for food and drinks subsidized by EU. In payment,
such as progressive liberalization of trade in goods in conformity with Article XXIV of the
GATT and the liberalization of trade in services in conformity with Article V of the GATS.
EU SINGLE MARKET
each other without restrictions or tariffs. The European single market came into effect on
January 1, 1993. Countries in the single market include 28 EU states: Austria, Belgium,
Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany,
Poland, Portugal, Romania, Slovakia, Slovenia, Spain, United Kingdom, and 4 non-EU
and the European Monitoring Centre for Drugs and Drug Addiction.
countries, to have equal edge with other enterprises in the international setting and
eventually, to contribute in the economic growth in the ff. countries: 14 bilateral investment
treaties (Chile, China, The Czech Republic, Estonia, Hungary, Latvia, Lithuania,
TRIVIA
- Norway’s exports is about 40 % of its goods and services. The main export products are
- Norway is the world’s third largest oil exporter after Saudi Arabia and Russia.
- Its fisheries industry is among the largest in Europe. The industry has experienced an
International Ship Register in 1987, the Norwegian merchant fleet has become the 4th
- It is one the world leaders in a wide range of industries such as energy, environment
telecommunications.
- Its government's long-term focus on R&D has improved the development of new areas
technology, engineering and oil related services). Export of services has become
AGRICULTURAL
The support farmers in Norway receive in 2012 increase 59% of their income in 2011.
63% of their income comes from the government, they seek to balance the impact of
a strong currency. (Strong currency - occurs when a currency has risen to a level
against other currency that is near historically high exchange rates for the other
currency relative to the dollar via ….) “If we want food production in our country, this
has to be this way it has to be,” says Agriculture Minister Trygve Slagsvold Vedum as
he defended Norway’s System. Farmers also receive special tax breaks and custom’s
tariffs on food imports. (tariff - a tax or duty to be paid on a particular class of imports
or exports. The reforms of fishing traditions in Norway has been successful and has
prevent that the country’s rural communities have a capacity to change and the ability
to seize opportunities. Norway has taken action by subsidizing their small farmers,
they have banned certain imports from farm productions and taking advantage of
high tariffs on imported goods, along the local farmers to be competitive with other
imputed goods. These tactics encourage the people to buy more from local farmers.
2003 states that the policy shows the importance on decentralization and a diverse
farm edifice. It emphasizes on food security and food safety. The natural resources
formulation of the farm policies, there has been, and still is consensus regarding the
Although this seems like a good plan for Norway, there has been a little downside to it.
Marit Epleveit runs a small farm with 30 cows. The government’s agricultural settlement
will force her to either expand or close down. She says, “If we invest, we will have
problems keeping the fields in good condition. In addition it will impact on the cows’
quality life.” Norwegian Farmers, significant cuts in Norway’s farm subsidies have been
avoided thanks to Norway’s two powerful farming unions, which represent small farmers
and have significant clout in parliament. By comparison, the largest lobby groups in the
Switzerland is the 2nd largest subsidise 56% on farmer’s income and Japan on 3rd,
making 55%.
ELECTRIC CARS
An area in Oslo where a parking space for trucks to park was transformed into the
world’s largest collection of super chargers. Around 4,000 to 5,000 people charges
their car each month in Nebbenes cafe, which makes Norway the world leader of
electric cars. The country targets to zero emissions for all new cars by 2025 and
35% of the cars they produce are electric cars. Car makers now view Norway as a
vision of tomorrow’s car market. More that 5.2M people have already switched from
tradition cars to the mass market. “Norway has proven that if you give subsidies
and impose enough restrictions on fossil fuel vehicles, people will buy electric cars,”
between Oslo and Lillehammer 2 to 3 times a week. His Tesla Model S saloon car
is not subject to tolls on the motorway, saving him up to NKr810 (Php 4996) every
statistics into place, 72% of the consumers choose to buy an electric car because
of financial issues and that leave 28% are for environmental issues. “Norway
continues to prove the electric cars can work in a society. The system works,” says
American classic cars. Though, Norway taxes cars more heavily than other
countries, making it very expensive for national and local governments. a BMW
5series with a four-litre petrol engine attracts a purchase of NKr 230,000 (Php
1,400,450.79), bringing total cost including VAT (value- added tax) to about
NKr770,00 (Php 4,688,465,68). Erna Solberg, Norway’s Prime Minister, says that
GEOPOLITICS
NATO
formed after the Cold War to protect member countries from the Soviet Union.
It acts as if they are also affected when one member country faces military attacks.
Countries part of NATO pay a small portion of their GDP and employ military equipment
Luxembourg, the
Netherlands, Norway, Portugal, the United Kingdom, the United States Greece, Turkey,
Germany, Spain, the Czech Republic, Hungary, Poland, Bulgaria, Estonia, Latvia,
OIL EXPORTS
Because of the abundant fossil fuel deposits in the Norway continental shelf, particularly
in the Barents Sea and the North Sea, Norway is the 2 nd largest provider of oil behind
CRAB WARS
According to the Svalbard Treaty in 1920 signed by Paris along with Norway, United
States. Denmark, France and other countries ( Italy, Japan, the Netherlands, Sweden,
controls Svalbard, an area in the Arctic, with full and absolute sovereignty including its
oil, gas, minerals, and, ocean floor creatures such as the snow crab although the signatory
countries can “enjoy equally” the rights to the resources and terrestrial waters in that area.
The signatories were also given equal rights to commercial activities. It was not clear who
Initiated in 2012, Norway and Russia has used their equal right for coal mining in that area;
also, just last 2017, an ongoing political turmoil started in that region. According to
Coast guard for fishing snow crabs in the waters off Svalbard. A month prior to that, a
shipping vessel authorized by EU to get snow crabs over the disputed area was arrested
there too. Harald Sakarias Brøvig Hansen, a fisheries researcher at the Fridtjof Nansen
Institute says that Norway doesn’t usually noise about its assertion over Svalbard but they
hope that it is not taken away from them. The snow crab dispute of Svalbard may not only
concern only about the snow crabs but a larger fought over resource of oil he also points
out.
YX Energi formly HydroTexaco is a Norwegian Dutch gas station chain. The company
was a merging of Hydro and Texaco in 1995. They operate 750 gas stations in Norway
and Denmark. Low-cost brand names of this company are UnoX and Rema Brensin.
Norway Denmark
YX: 300 73
DieselService 47 0
The chain also has DieselService stations for truck diesel. Hydro Texaco/ YX Energy also
operates a service for household parafin distribution. Along with its stations are 7-Eleven
They have about 20% market shares in the automotive fuels of Norway.
Conoco Phillips
Conoco Inc.
Founded 1875; 142 years ago (as Continental Oil and Transportation Co.)
Operating income
Net income
Total assets
Total equity
Exxon Mobil is also an American multinational company. It is also one of the largest non-
Norway Inc. are all affiliates of Exxon Mobil Corporation. In 2016, Exxon Mobil had a
produced 225,000 oil equivalent barrels per day. They also own ownership interests in
20 oil and gas producing companies (operated by Statoil and Shell) yielding 170,000
products.
Predecessor • Exxon
• Mobil
• Oil products
• Natural gas
• Petrochemicals
• Power generation
Revenue US$218.6 billion[1] (2016)
Operating income
Net income
Total assets
Total equity
GOVERNMENT:
o
Politics of Norway. (2017, December 22). Retrieved January 01, 2018, from
https://en.wikipedia.org/wiki/Politics_of_Norway
https://en.wikipedia.org/wiki/Storting
https://en.wikipedia.org/wiki/Storting#Qualified_unicameralism_(1814–2009) o
Majesty King Harald. (2017, March 17). Retrieved January 01, 2018, from
https://www.royalcourt.no/artikkel.html?tid=28731&%3Bsek=27277 o Stortinget, .
https://www.stortinget.no/en/In-English/About- the-Storting/Legislation/
o
IMPORT AND EXPORT
o Definition of "free trade" - English Dictionary. (n.d.). Retrieved January 01, 2018,
from https://dictionary.cambridge.org/us/dictionary/english/free-trade
difference between Europe's. (2016, October 07). Retrieved January 01, 2018, from
https://www.economist.com/blogs/economist-explains/2016/10/economistexplains-6
o World News, Politics, Economics, Business & Finance. (n.d.). Retrieved January 01,
Energy in Norway. (2017, December 27). Retrieved January 01, 2018, from
https://en.wikipedia.org/wiki/Foreign_relations_of_Norway
https://en.wikipedia.org/wiki/Single_market
Cadman, E., & Tetlow, G. (2017, March 31). The EU single market: How it works
https://www.ft.com/content/1688d0e4-15ef-11e6-b197-a4af20d5575e o Catherine
http://www.worldsrichestcountries.com/top_norway_exports.html
http://www.worldsrichestcountries.com/top_norway_imports.html
o
GEOPOLITICS AND FOREIGN INVESTORS
o Europe's Oil Import Dilemma. (2015, October 26). Retrieved January 01, 2018,
https://www.hakaimagazine.com/news/svalbards-snow-crabs-pincered-proxy-
arctic-oil/
o Member states of NATO. (2017, December 14). Retrieved January 01, 2018, from
https://en.wikipedia.org/wiki/Member_states_of_NATO
https://en.wikipedia.org/wiki/NATO
http://www.conocophillips.no/our-norway-operations/greater-ekofisk-area/
o News, C. K. (2017, November 10). Norway risks having to share Svalbard
https://www.arcticnow.com/politics-policy/2017/11/10/norway-risks-having-
toshare-svalbard-resources-with-the-eu/
https://www.norway.no/en/missions/nato/norway-nato/
SUBSIDIZATION
o Doyle, A., & King, E. B. (2017, October 12). Norway seeks to trim lavish electric
https://www.reuters.com/article/us-norway-budget-autos/norway-seeks-to-
https://www.ft.com/content/84e54440-3bc4-11e7-821a-6027b8a20f23 o
https://www.thelocal.no/20171123/norway-puts-brakes-on-plans-for-tesla-tax o
farm-subsidies-necessary/