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Get to Know About Solomon Islands
The Solomon Islands is a country in the Oceania Region, situated to the east of Papua New Guinea and northwest of Vanuatu. The country has six major islands and over 900 smaller islands which, when combined measures 28,400 square kilometers. The capital of the Solomon Islands is Honiara which is located on the island of Guadalcanal. The Solomon Islands is a British Protectorate country. Doing Business in the Solomon Islands is excellent as the country is rich in natural resources and biodiversity.
The people of Solomon Islands depend primarily on agriculture, fishing, and forestry for their living. Their tourism is just gaining popularity. Many of the needs of the Solomon Islands are imported, such as manufactured goods and petroleum products. There are many needs and wants of Solomon Islands People waiting to be supplied by entrepreneurs. However, resources must be explored to do this. Entrepreneurs who are creative and patient are ones who will succeed in the future in the Solomon Islands.
Some of the challenges that the people of Solomon Islands are facing include violence and security, shortage of fuel and energy, telecommunications, and lack of funds. Solomon Islands need economic cooperation to address these problems such as APEC or the Asia-Pacific Economic Cooperation where partnership among countries can be done, and trade of products can happen.