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Each day TFO Canada publishes a sample of trade news on the Canadian import market along with any new, updated or changed regulations and legislations regarding international trade; countries in which TFO Canada offers services and on the export sectors which it promotes.


Tunisia Investment Forum 2014: Tunisia Has Gained Attractiveness Thanks to Success of Economic and Political Transition

Monday, June 16, 2014 > 09:44:21

(All Africa)

Tunis, — Mr. Miroslav Dusek, Executive Director of the MENA region, of the World Economic Forum announced, Thursday, at the opening of Tunisia Investment Forum 2014, "that we very shortly expect an improvement of Tunisian's ranking", underlining his pledge through Davos, to support the country.

He emphasised Tunisia's success, on the path of economic and political transition, as it is made with "less violence and in the absence of a civil war." He considered that it is the propitious moment so that "the country makes the most of this transition."

The official of the World Economic Forum asserted that the situation in Tunisia is reassuring, underlining that the country offers several opportunities, notably in matters of trade and services.

In his intervention, Deputy Secretary-General of the Organisation of Economic Co-operation and Development (OECD) Wiliam Danvers called for developing public and private partnership and pave the way so that the country be a more attractive site, considering it "on the right track to build a more competitive market economy." TIF 2014 president Hichem Elloumi said, Thursday, at the opening of the forum that Tunisia disposes of key strategic assets allowing the Tunisian and foreign investors "to boost their growth on a regional market of more than one billion inhabitants (Euro-Mediterranean and Africa)".

Tunisia could also prevail in a strong industrial culture and services, mainly in the sectors of car components, aeronautical components, electronic, high quality textile, agribusiness, pharmaceutical industry and ICTs.

Tunisia is able to attract structuring projects in the fields cited, capable to boost growth and employment", Tunisian Industry, Trade and Handicrafts Union (UTICA) official added.

Minister of Economy and Finance Hakim Ben Hammouda underlined that the present economic crisis is a heritage which dates back to 2011, with a growth under the country's capacities, during all this period, which needs hard work to catch up this delay.

The government made of the economic revival its priority and set as an objective the establishment of macroeconomic stability and make of the private investment vitalisation a real locomotive of growth.

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