Tunisia receives €270 million from European Commission

Tunisia received €270 million (some 900 million dinars) from the European Commission to fund Key sectors in Tunisia namely energy and taxation After a meeting between President Beji Caïd Essebsi and President of the European Commission, Jean-Claude Juncker on Thursday at Carthage Palace, four agreements were signed by Zied Laâdhari, Minister of Development, Investment and International Co-operation, and European Commissioner for Enlargement and Neighbourhood Policy, Johannes Hahn, The agreements in question provide for the financing of four programmes. They include a programme to support the energy transition (€50 million, 166…

German GIZ gives Tunisian Investment Authority technical support worth €5 million

The German Co-operation Agency (GIZ) donated the Tunisian Investment Authority a technical support worth €5 million to help the investment authority in its official start. The financial agreement was inked by Minister of Development, Investment and International Cooperation, Zied Ladhari, president of the Authority Khalil Laabidi, Resident Director of the GIZ Office in Tunisia, Matthias Giegerich and representative of GIZ, Tobias Seiberlich. The agreement is part of the “Investment Partnership” programme launched on June 12, 2012. The technical support will bolster the institutional capacity of the Tunisian investment authority, by…

Tunisia ranks 53rd in Global Illicit Trade Environment Index 2018: urgent measures needed to combat this scourge

The Tunisian-American Chamber of Commerce (Amcham Tunisia), Presented Thursday at a press conference held in Tunis the report which recommends « strengthening interagency cooperation at the national level, raising the profile on illicit trade, granting necessary financial and personnel resources and more aggressively enforcing anti-illicit trade regulations, mainly in the areas of Intellectual Property Rights violations and untaxed and unregulated parallel (grey) market imports. » Tunisia Ranked 53rd out of 84 countries by the Global Illicit Trade Environment Index that measures the vulnerability of states Faced with this kind of trade.…