Focus on Bissau investment immigration and relevant laws in Guinea: According to our research, the laws and regulations currently prohibiting foreign legal entities or individuals from engaging in certain business activities in Guinea mainly include the Investment Law and regulations related to trade, agriculture, and other sectors. Among them, the Investment Law stipulates that water and electricity, postal services, telecommunications, and arms are monopolized by the state, and no enterprises or individuals are allowed to participate in these operations. In addition, the Ministry of Trade and the Ministry of Agriculture stipulated last January that timber must be processed locally, and the export of logs is prohibited.
Overall, the market in Guinea is relatively open with few restrictions. Our various light textile and home appliance products are quite popular and have not yet been affected by negative reports from some neighboring countries. To further promote economic and trade development between China and Guinea and enhance the level of cooperation, it is recommended that our enterprises strengthen contact with relevant departments in Guinea, communicate situations in a timely manner, continuously convey our non-economic and trade policies, and take the initiative. At the same time, closely track market developments, strengthen self-discipline, improve product quality, innovate product image, and consciously maintain market order to lay a foundation for achieving new developments in bilateral cooperation.