IMF ‘ready’ to help Tunisia with aid package: official

The IMF stands “ready” to offer Tunisia an aid package to deal with the current financial crisis, a fund official said Thursday. However, there is “no timeline” for finalizing an agreement, spokesman for the International Monetary Fund Gerry Rice told reporters. The Washington-based crisis lender’s staff met with Tunisian officials earlier this week, and the ongoing technical discussions are focused on understanding “their plans for that economic reform program,” he said. Rice did not provide details on the size of the loan program under discussion, but said, “we stand ready…

INTERNATIONAL CALLS FOR ITALY TO RETURN ILLEGAL WASTE FROM TUNISIA

Credit goes to Réseau Tunisie Verte Forty-four international environmental groups co-signed a demand yesterday (3 May) calling for the Italian Prime Minister Mario Draghi and European Commissioner Virginijus Sinkevičius to order the immediate repatriation of Italian municipal waste that was illegally shipped to Tunisia last year. In July 2020, Italian company Sviluppo Risorse Ambientali exported 282 containers to the Tunisian port city of Sousse, which it claimed was processed waste that would be recycled. The containers were listed as storing plastic scraps for recycling, but customs officers in Tunisia discovered…

Triomphe Thuccabor olive oil wins gold medal at the Berlin GOOA

Tunisian olive oil brand Triomphe Thuccabor has won a gold medal at the Berlin Global Olive Oil Awards (Berlin GOOA). It is a competition event that encapsulates multi-year collective knowledge and expertise of high-profile scientists, food tech pioneers, and key business players, setting the standards for a credible, transparent, and trustworthy global olive oil competition. The Berlin GOOA Awards aims to become synonymous with the excellence and quality recognition competition in the olive oil industry, offering a prestigious European Olive Oil Award with Global Reach. Every year, Triomph Thuccabor travels…

Maritime line between Libya and Tunisia reopened

The Libyan – Tunisian Economic Cooperation Council announced the opening of a maritime line between the two countries soon. The Council announced on Social Media that the Executive Director of the Libyan-Tunisian Economic Cooperation Council, Saber Baqra, voiced the willingness of a group of Libyan and Tunisian businessmen to work to improve Tunisian-Libyan trade ties and establish joint investment projects during his meeting with the Tunisian Minister of Transport and Logistics Moez Chakchouk. After the necessary procedures and arrangements on the Tunisian side were completed, the Director of the Council…

Tunisia asks IMF for finance programme

Tunisia has asked the International Monetary Fund for a new financing programme, an IMF letter seen by Reuters shows, and is preparing to start talks with the fund. Tunisian officials said Prime Minister Hichem Mechichi will travel to Washington on May 3 to hold talks with IMF officials Reuters reports. The Tunisian government agreed on an economic reform package with powerful labour union UGTT at the end of last month that tackles subsidies, taxes and state firms, and which was seen as opening the way for an agreement with the…

‘Emirati-Tunisian Business Council’ discuss cooperation, investments

 The “Emirati-Tunisian Business Council” discussed ways of strengthening the bilateral ties between the private sectors of the UAE and Tunisia, as well as ways of reinforcing the relations between investors and business sectors from the two countries, the Emirates News Agency reports. Humaid Mohamed Ben Salem, Secretary-General of the Federation of UAE Chambers of Commerce and Industry (FCCI), who headed the Emirati delegation at the meeting, said that there are abundant investment and cooperation opportunities in the UAE and Tunisia, urging the meeting’s participants to intensify the trade exchange between…

Morocco, Top Importer of Tunisian Dates with 20.7 Thousand Tonnes

Morocco remains the leading importer of Tunisian dates with 20.7 thousand tonnes during the season from October 1 to March 15, according to the Tunisian Inter-professional Date Group (GID). “Tunisia exported dates to around 82 countries, including Morocco which represents the first destination with 20.7 thousand tonnes, followed by Italy (6,700 tonnes), France (6,400 tonnes) and Germany (5,900 tonnes)”, GID Director General Samir Ben Slimane said in statements to the press. Tunisia also exported its dates to Malaysia (5.6 thousand tonnes), Spain (4.2 thousand tonnes), Indonesia (3.8 thousand tonnes), Turkey…

Libya and Tunisia sign official agreement to resume customs work at Ras Jedir

Director-General of the Libyan Customs Authority, Suliman Ali, signed an official agreement with his Tunisian counterpart Youssef Zouaghi on Wednesday to revive the work and service of customs at the port of Ras Jedir, the Libya Observer reports. The Tunisian authorities stated that a solution has been found to the problems relating to the flow of goods and travellers between both countries and to facilitate the ease of bilateral procedures at the border crossing, the same source said. Both sides agreed to organize a joint customs committee with a view…

Tunisia gets World Bank support to develop catastrophe insurance market

Tunisia is to get World Bank support and funding to help it develop its catastrophe insurance market and cover people and assets against the impacts of disasters and climate-related events, the World Bank reported. Tunisia currently has a very low level of insurance penetration (around 2%) and so the World Bank, alongside the French Development Agency (AFD), are financing $50 million each, for a total of $100 million into a project to strengthen and enhance disaster and climate resilience in Tunisia. Key among the initiatives is the development of a…

Tunisian olive oil wins 15 medals at Dubai International Olive Oil Competition

The Tunisian olive oil companies won 15 medals (11 Gold medals and four Silver medals) at the Dubai Early Harvest Olive Oil Competition. Gold medals: DOMINIUM (01): Jughurtha olive groves; TRIOMPHE (01): Domaine Ben Ismail; BEST OLIVE OIL TUNISIA (02) : Domaine Ben Ismail; ADONIS (02) : Domaine Adonis; Alta Olea (02) : (Extra Virgin Olive Oil); TESORODELRIO (01) : Société Fermes Ali Sfar; NEAPOLIS (01) : Société Rajhi & Ferjani; OLEA KOTTI (01). Silver medals OLEAKOTTI (02); BARHOUMI OLIVE OIL (01) : Barhoumi Group; CARTHAGENE OLIVOS (01): Rajhi &…