Tunisian Minister of Trade: Our responsibility requires work to expand the base of commodities and mutual services

During the opening of the Egyptian -Tunisian Business Forum today, at the government’s headquarters in the new administrative capital, Samir Obaid, Minister of Trade and Export Development in the sisterly Republic of Tunisia, delivered a speech expressed at its beginning with his deep happiness with his presence and the Tunisian delegation on the land of the sisterly Arab Republic Economists from the two countries, the two parties were keen to upgrade economic and commercial relations to high levels that allow more employment of the capabilities of the two countries and diagnose new areas of partnership on the path of promoting bilateral cooperation in order to embody the common aspirations of our brotherly people. I am sure that direct meetings between business owners in the two countries, which were organized during this forum, represented an opportunity for everyone to learn about new areas of commercial exchange and partnership between them, as mentioned by the President of the General Federation of Egyptian Chambers of Commerce, stressing supporting these efforts and facilitating their activities, as indicated by the President of the Tunisian Federation for Industry, Trade and Traditional Industries. ” The opposite. Motivating legal frameworks, especially the agreement of the Arab Mediterranean Free Trade Zone, which represents the optimal framework for further payment of trade, partnership and integration between the production sectors in the two countries, especially as it guarantees the accumulation of origin between the countries concerned between them and each of them and the European Union, as well as the agreements of the African continental free trade zone (zlicaf) and the joint market agreement for the East and the South Africa (Comesa) that from They also pave the way to enter together to the African markets, as indicated by the Egyptian Minister of Investment and Foreign Trade.

He said: & quot; on this basis, the efforts of all overlapping parties must be concentrated In particular, the Tunisian -Egyptian Joint Economic Chamber, and the Export Development Center in the two countries, where a memorandum of understanding has been signed between the two centers, in addition to the chambers of commerce and the investment bodies in the two countries, to develop and diversify trade exchange and investment partnerships and benefit from this legal framework, which represents a more harmonious framework with the economic development witnessed by our two countries, and as it enhances the opportunities of industrial integration and enforcement of the products of our countries to the markets European through the cumulative of origin provided by it & quot;

added: & quot; and from this standpoint, our joint responsibility requires work together to diversify the trade structure and expand the base of commodities and mutual services, encourage joint investment and establish strategic partnerships in the promising sectors, where I agree with the vision of the Egyptian Minister of Investment to start food industries and drug industry Medical supplies, car components, renewable energies and digital economics. We are also working to overcome the difficulties and logistical and procedural obstacles that limit the flow of goods and services, and we have made steps in this direction, and we will support them in the future, in response to the requirements of all companies, and we will also support cooperation in the field of economic exhibitions and forums in order to introduce the products and investment capabilities in both countries. We also emphasize the importance of encouraging our private institutions, especially small and medium enterprises, to establish practical partnerships in areas of high added value, in a way that enables joint integration into regional and international value chains & quot;.

as stressed & nbsp; Samir Obaid, Minister of Trade and Export Development in the sister Republic of the Tunisian Republic, that his country entered a new development stage with determination and steadfastness to strengthen the gains by continuing to deepen the reforms, and Tunisia has taken the necessary measures to liberalize its economy from all obstacles and give it a new batch through more openness to the outside, and it has prepared a stimulating framework for investments stipulating guarantees and encouraging customs concessions For investors, and initiated the reform of the banking and civil sector and the issuance of new laws in the field of partnership between the public and private sectors, and in the field of competition and prices, and we look forward to this contributing to strengthening the improvement of the business climate in Tunisia. The diversity of the economy and the efficiency of our human resources, in addition to the continuous development in the infrastructure & quot;

He said: & quot; in this context, Tunisia worked to launch a series of structural reforms aimed at improving the business climate, as the administrative procedures of investors were simplified and the principle of the unified window through the Supreme Investment Authority, allowing the speed of decision -making and clarity of vision in front of Local and foreign investors. A number of tax and financial incentives have also been adopted to encourage some projects, including: tax exemptions for startups and developed in sectors of high added value, support for research, development and innovation, especially in the fields of technology and renewable energy, and special motivations for exported institutions and institutions active in the internal parties & quot;. With the importance of infrastructure in paying the economy, we launched major projects in the fields of transportation, logistics and renewable energies, such as the electrical connection project with Europe, and the production and export projects of green hydrogen, which strengthens Tunisia as a solid economic bridge between Africa and Europe. With regard to commercial exchange; Today we are working to expand our partnerships with various brotherly and friendly countries, and to facilitate the flow of goods and services by modernizing laws and developing ports and free zones, which opens new horizons for our high competitive national products. We hope that the Egyptian contribution to investment projects in Tunisia will strengthen, given the existence of common strategic interests, and realizing that establishing a real partnership between us is vital to contribute to achieving our development goals, especially since both Tunisia and Egypt have developed important economic sectors that can achieve the actual start similar to the car component industry, the drug industry, food industries, information technology, communication and other sectors Promising & quot;

The Tunisian minister said: & quot; this session of the Tunisian -Egyptian Supreme Committee has approved a number of recommendations aimed at intensifying meetings between business owners in the two countries, and organizing sectoral activities that we will undoubtedly strive to glorify them in the future. The convening of this forum reflects a collective awareness of the importance of the role that the private sector can play in building a solid economic partnership based on integration, balance and mutual interests, and I am sure that businessmen will be a fruitful occasion to develop practical projects that contribute to upgrading the level of exchanges and investments to what we all aspires to & quot;

and at the end of his speech, he said: & quot; I renew my thanks to those in charge of organizing this forum, and I wish our work success and success, and for our Tunisian -Egyptian economic relations more growth and prosperity, in the service of the interests of our two countries and our two brothers & quot;

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