Aruba
Political Environment
Overview of the gov’t, names of key officials
Chief of State: King Willem – Alexander
Head of Government: Prime Minister Mike Eman
Aruba is one of the five islands of the kingdom of the Netherlands that deals with internal affairs.
The governor is appointed by the Queen for a term of six years, who is the head of the state.
Upon recommendation of Council of Minister, the Governor is appointed by the Queen. The
Staten has 21 members that are elected every four years by various island districts. Executive
power lies with the Court of Minister, while prime minister heads an eight-member Cabinet. The
judicial system performs with the aid of legislature and executive. The Common Court of Justice
is the highest branch and is headed by Kingdom-level Supreme Court.
Major political themes
Major shut down in oil refinery that impacted the economic growth in terms of
government finances, and employment.
The economy depends on tourism sector that is largely depended on the US.
Relationships with Canada, including agreements
Aruba and Canada’s relationship has a few aspects that deals with foreign affairs,
shipping regulation, extradition, and human rights and freedom.
Both countries have signed a Tax Information Exchange Agreement (TIEA) to continue
customs matters and air transport.
Are there any Canadian restrictions or controls on exporting to Aruba?
Canadian controls on exporting such as agriculture, firearms, logs, softwood lumber,
peanut butter, and products that require permits to export from Canada.
Government stability over last 5 years
In 2009, Prime Minister Eman has pursued in creating strong agendas to revive the
economy, to improve some strong relations with the Kingdom of Netherlands and
promote Aruba that is stable, democratic, and innovative. Through his effort, the Aruba is
establishing Renewable Energy Research and the reopen of oil refinery.
Attitudes towards foreign trade
The international treaties and legal system protects the right of investors. There is no
legal requirement for company to incorporate in Aruba. Under the law, Foreign and
domestic investors are treated equally because the government of Aruba supports the free
enterprise system
Political and other risks
According to transparency website, Aruba does not match with bribery or corruption.
Other risks
Under the Constitution and exiting laws, foreign investors are granted repatriation of
profits, fair, and equal treatment.
