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Key Economic Data 
  2002 2001 2000 Ranking(2002)
Millions of US $ 4,695 4,100 3,800 114
GNI per capita
 US $ 1,380 1,340 1,220 123
Ranking is given out of 208 nations - (data from the World Bank)

Books on Albania


Area (




Alfred Moisiu

Private sector
% of GDP


Update No: 089 - (30/09/04)

Albania, Bulgaria seek EU support for highway
Bulgaria and Albania on September 9th urged the European Union to back their efforts to construct a trans-Balkan road linking Albania, Macedonia and Bulgaria. "We will be persistent and united in raising the question for the highway before our European partners," Bulgarian President, Georgi Parvanov, said after meeting with his Albanian counterpart, Alfred Moisiu. The Corridor 8 highway would be one of the most important road links in the Balkans, starting on Albania's Adriatic coast, crossing Macedonia and reaching Bulgaria's Black Sea coast.
The European Union and international financial institutions are already helping finance the project, but the three Balkan countries have repeatedly urged the union to increase funding for the project, which is expected to bring economic growth to the cash-strapped region. The route is part of a larger infrastructure project that also includes an oil pipeline between the Black Sea and the Adriatic coast, a gas conduit, power lines and fibre optic cables. "I have repeatedly criticised the European Union for perceiving the trans-Balkan corridor as just an ordinary route… in fact, it is part of the efforts to promote trust and understanding in our region," Moisiu said.
Moisiu also called for quick settlement on the final status of UN-governed Serb province of Kosovo, saying the Balkan countries' integration to the European Union required "stability and integration within the region itself."

China, Albania sign seven cooperative documents
China and Albania have long been good friends. The China card was a favourite ploy of Enver Hoxha, the former communist dictator of the country, his small country being at the time, China's economic colony in Europe - a reversal of Hong Kong, without the dynamism. 
The two countries signed seven cooperative documents on September 13th to cement their cooperation in the areas of the economy, education, sports, broadcasting and television, among others. Chinese Premier Wen Jiabao and Albanian Prime Minister Fatos Nano attended the signing ceremony following a meeting between the two.
The documents included economic and technological cooperation, exemption of double taxation, and cooperation in areas of education, sports, radio broadcasting and television, and in chambers of commerce. Nano arrived on September 13th on an official visit to China. It was the first meeting between the heads of the two governments in 38 years, after the two countries established full diplomatic relations in November 1949.
Wen told Nano that China attaches great importance to its relations with Albania and hopes to bring bilateral relations to a higher ground under the principles of mutual respect, equality, mutual benefit, and non-interference in each other's internal affairs. "China is satisfied with the smooth growth of bilateral ties as we have strengthened political trust, expanded cooperation in economy, justice, culture, education and sports and other areas," Wen said. The Chinese premier proposed that the two sides enhance political dialogue in various levels and expand exchange at levels of government, parliament, political parties and social organisations.
In addition, Wen said the two countries should upgrade the level of economic cooperation and trade, and encourage business people to invest in the other side. Wen also appreciated the consistent one-China policy held by the Albanian government. Nano agreed with Wen's proposals. He said Albania hopes to expand cooperation with China in economic cooperation and trade in particular. Albania expects more Chinese companies to participate in the building of Albania's transportation, energy, telecommunications, electronics and construction sectors, he said.
The Albanian prime minister spoke highly of China's role as a permanent member of the United Nations Security Council in promoting world and regional peace, security and development. In addition, Nano reiterated Albanian government's one-China policy and its support on China's reunification cause.
It all sounds as though they could once more be climbing into bed together!

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Pakistan, Albania agree to deepen political, economic, defence ties

Pakistan and Albania have expressed the desire to further consolidate political, economic, and defence cooperation. Albanian President, Alfred Moisiu, who arrived in Islamabad recently on a three-day official visit to Pakistan, held formal talks with the president, Gen Pervez Musharraf, at the Aiwan-i-Sadr [President House]. Bilateral relations, regional and international issues, particularly the situation in Afghanistan and Iraq were discussed, PTV World reported.
President Musharraf briefed his Albanian counterpart on the state of relations between Pakistan and India, particularly about Pakistan's commitment to a result-oriented dialogue process with India. The president reiterated Pakistan's support for the Albanian position in Kosovo. The Albanian president appreciated President Musharraf's commitment to eliminate international terrorism. Both leaders agreed that an early resolution of the Kashmir dispute was essential for global peace and security.

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