• Egypt, Tunisia sign 8 cooperation deals across key sectors
• Target set to double trade volume to $1B in two years
• Agreements include MoUs on health, exports, SMEs, and youth programs
Egypt and Tunisia have signed eight cooperation agreements in various sectors following the 18th session of the Egyptian-Tunisian Joint High Commission. The documents, initialed on Thursday, September 11, include several memorandums of understanding in health, services, exports, and support for small, medium, and micro-enterprises.
The two countries also adopted several executive programs on youth and sports, social affairs, and consumer protection and market surveillance. "We emphasize the importance of developing joint investments between the two countries and encouraging entrepreneurs in Egypt and Tunisia to create strategic partnerships in various promising sectors," said Egyptian Prime Minister Moustafa Kamal Madbouli.
He added that both parties have agreed to double their trade volume from $500 million to $1 billion over the next two years.
Cooperation between Egypt and Tunisia dates back several decades but has intensified in recent years, reaching new heights through regular political consultations and periodic meetings of the Joint High Committee. These meetings have helped consolidate and diversify their partnership, particularly in industry, trade, tourism, employment, economics, media, culture, and handicrafts.
On the economic front, the two nations have agreed on customs duty exemptions, the prevention of double taxation, the promotion of investments, and the advancement of science and technology.
Lydie Mobio
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