Day: September 16, 2018

Tunisia’s food trade deficit went down to 82 %  year on year in the first eight months, Tunisian Agriculture Ministry said Thursday. The food trade deficit fell to 162.8 million dinars (58.8 million U.S. dollars) between January and August, down from 886.2 million dinars in 2017. The sharp decline is mainly due to the export of olive oil, dates and seafood. Tunisia’s food exports during the first eight months this year accounted for 13 percent of the country’s total exports. The food trade balance showed a clear improvement in the…

Plans have been concluded by Chinese automaker, SAIC Motor Corporation Limited, to launch its first manufacturing plant of in Africa. This is part of the firm’s expansion drive into the African market. The new factory will be located in Tunisia, a northern African nation. Recently, SAIC Motor signed an agreement with a Tunisian firm, Meninx Holding, for the setting up of the plant in the country to serve African and European markets. SAIC Motors noted that the new deal forms part of its strategic expansion agenda to become a leading…