Tunisia, Egypt discuss removing trade obstacles to boost investment

Tunisia and Egypt are intensifying efforts to dismantle obstacles that impede their trade and investment relations, aiming to unlock greater economic potential between the two nations and across Africa.

Tunisian Minister of Commerce Samir Abid met with a high-level Egyptian economic delegation to discuss ways to overcome logistical and administrative barriers. The talks emphasized the need to reinforce bilateral cooperation and stimulate commercial exchanges, with a particular focus on leveraging Tunisia's strategic position as a gateway to African markets.

Both sides highlighted the importance of strengthening the Tunisian-Egyptian Chamber of Commerce and encouraging joint ventures to improve economic ties. The meeting served as a preparatory step for a collaborative process designed to boost trade and investment, increase expertise sharing, and foster more concrete partnerships between economic operators from both countries.

Egyptian delegates reaffirmed their country's commitment to expanding economic relations within Africa and leveraging platforms like the Common Market for Eastern and Southern Africa (COMESA) and the African Continental Free Trade Area (AfCFTA). The executive president of the African Center of Excellence for Inclusive Markets also called for increased collaboration between public administrations and the private sector to facilitate intra-African trade and encourage the participation of youth and women in economic activities.