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Tunisian-British Trade and Investment Forum due next October in London

The Tunisian-British Trade and Investment Forum is due to be held in London on October 10 -12, 2018, according to a note from the Tunisian Embassy in the British capital, published by the Export Promotion Centre (CEPEX).

The forum is part of efforts to raise awareness among Tunisian business community about the business opportunities offered by the United Kingdom, which is the 7th customer and the 15th largest supplier of Tunisia, with an annual trade volume of 1.4 million dinars.

Minister of Industry and Small and Medium-Sized Enterprises in charge of Energy and Renewable Energies and Secretary of State for Foreign Trade are expected to take part in the forum, which will also be marked by the presence of heads of UK institutions and local private sector operators.

A roundtable on agri-foodn will be held in addition to B2B meetings as part of the forum.

A recent study prepared by Coffey International and quoted in the note has identified the UK market as a target market for Tunisian products and the agri-food sector as a priority sector in the prospects of strengthening bilateral trade.

The Embassy sees that it is an appropriate time to make the most of the framework agreement between the Ministry of Foreign Affairs and CEPEX and in particular the section on specific actions to organise business missions and schedule B2B meetings.

The UK economy, the world’s sixth largest economy, is renowned for its openness to the international and its competitiveness.

This country has systematically recorded a market growth rate of around 1.7% since 2016, which would be maintained until 2020, according to the same source.

“If politically, the Brexit throws some uncertainty, economically, this event could prove to be a real opportunity for Tunisia in the long term.

The inevitable drop in trade with the EU countries that will take place should be offset by a move from the UK to strengthen its trade relations with its non-EU partners, “reads the note.

TunisianMonitorOnline

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