EU’s share in Tunisia’s foreign trade down to 62 % in 2018 from 75% in 2005 (OTE)

“The European Union’s share in Tunisia’s foreign trade volume has declined from 75% in the period from 1995 to 2005 to 62% in 2018,” according to a data analysis by the Tunisian Observatory of the Economy (French: OTE) on Tuesday. The Observatory explains the decline of the EU’s share in Tunisia’s foreign trade by “China’s rise in power, particularly over capital goods that has forced Tunisian companies with European capital to diversify their imported inputs, thereby reducing the share of European imports, which now accounts for 53% of imports into…

France strengthens economic ties with Tunisia

French Ambassador to Tunisia Olivier Poivre d’Arvor said on Monday that the economic relations binding Tunisia and France are a win-win close partnership, not domination or exploitation of wealth, TAP reported. “Tunisia has no lessons to learn from anyone … We must not confuse independence with isolation, or territorial sovereignty and economic patriotism with economic isolation,” said d’Arvor at a press conference on the presentation of the Tunisia-France economic partnership revival programme. 34 % of the non-energy foreign direct investments in Tunisia in 2018 were made by France, he went…

SSO: 24 million donations needed for North African countries to preserve their oases

The regional conference on the promotion of oases in North Africa and Mauritania held in Tozeur  on May 17 and 18 closed. Partici^pants in the conference have decided to ask for funding, in the form of donation, in the amount of $10 million dollars, from the Green Climate Fund and $14 million from the Adaptation Fund,” said the representative of the Sahara and Sahel Observatory (SSO), Nabil Hmada. He said the finalisation of the funding process will last 15 months and it will benefit six countries concerned by the development…

Tunisia steps up efforts to halt military operation in Tripoli

Foreign Minister Khemaies Jhinaoui confirmed that his country has made considerable efforts to stop the military operations in Libya and revert to the political solution, in order to spare Libyans further suffering, the Libya Observer said. Jhinaoui told Russian news agency Sputnik on Saturday that his country liaised with numerous Libyan parties during the past period since the beginning of the attack on Tripoli, emphasizing that Tunisia will continue its endeavours with all international parties to stop the military operations and return to the political track under the supervision of…

EU4Youth agreement for young Tunisians penned as Tunisia-EU Association Council held in Brussels

The signing of this agreement between Tunisia and the European Union on the economic, social and political inclusion of young Tunisians which is called “EU4Youth”, is funded to the tune of 60 million euros. Khémaies Jhinaoui who was speaking in Brussels at a meeting with the press, where he co-chaired with the EU High Representative for Foreign Affairs and Security Policy Federica Mogherini, the 15th meeting of the Tunisia-EU Association Council held Friday in Brussels, TAP reports. This is an important agreement within the framework of the “Tunisia-EU Youth Partnership”…

EU and Tunisia work to strengthen their Privileged Partnership

There has been continued progress in the transition towards democracy in Tunisia in the last year, but this must be accompanied by equivalent economic and social progress to ensure that it can be sustained, modern diplomacy reports in its website. Ahead of the EU-Tunisia Association Council due to be held on 17 May, the EU has today published its latest report on developments in relations with Tunisia. The report describes the key aspects of the cooperation from the beginning of 2018 to March 2019. ‘We attach particular importance to our cooperation with Tunisia, built as it…

Partnership agreement between Tunisian American Enterprise Fund and Tunisia Jobs

The “Tunisia JOBS, Opportunities & Business Success” programme funded by USAID and the Tunisian American Enterprise Fund (TAEF) signed a new partnership agreement on Tuesday. The agreement aims to promote equitable economic growth and job creation in Tunisia. This collaboration agreement formalizes cooperation and strengthens relations between Tunisia JOBS and TAEF. The signing ceremony took place in the presence of Ms Hela Kaddour Fourati, Managing Director of TAEF, Mr Hedi Ksiaa, Managing Director of the SME platform, and Mr Danilo Cruz-DePaula, Chief of Party Jobs, Opportunities & Business Success (Tunisia…

Unemployment rate reaches 15.3% in Q1 2019 (INS)

Tunisia’s unemployment rate reached 15.3% in the first quarter of 2019, down 0.1% compared to Q1 2018 (15.4%) and 0.2% compared to the fourth quarter of the same year, with a slight drop in the unemployment rate of graduates, The national survey on population and employment revealed. For the first quarter of 2019 conducted by the National Institute of Statistics (INS), the total number of unemployed stood at 637 thousand 700 unemployed against 644 thousand 900 unemployed in the fourth quarter of last year. With regard to youth unemployment (aged…

Piero FASSINO welcomes Tunisia’s request for Partner for Local Democracy status

Piero FASSINO, Congress Spokesperson on the South Mediterranean Partnership, commended Monday the decision of the Tunisian government and the Federation of Tunisian Cities to submit an application for the status of Partner for Local Democracy with the Congress, The Council of Europe Website reported. “This is an important decision as the Partnership represents a real tool for co-operation which will bring local institutions closer to citizens and strengthen the fabric of Tunisia’s democracy,” said the Congress spokesperson. “The partnership with Tunisia – as well as the partnership with Morocco signed…

Street named after Tunisia in Belgrade

The opening of Tuniska (Tunisian) Street in Belgrade is a materialization of “the eternal gratitude to Tunisia for providing shelter and assistance to Serbian soldiers, the wounded and civilians in the First World War”, said First Deputy Prime Minister and Minister of Foreign Affairs Ivica Dacic. At  the opening ceremony of the Tunisian street, he assessed on Monday that relations between Serbia and Tunisia are based on mutual respect that exists between the two peoples, and extends to the sovereignty and territorial integrity of the two countries. According to him,…