News

Tunisia and Japan Deepen Economic Ties with New Investment Deal

Tunisia and Japan Deepen Economic Ties with New Investment Deal
Thursday, 24 April 2025 05:58

• Tunisia and Japan agreed to finalize a new investment deal during a meeting in Tunis on April 21.
• The two countries reviewed the progress of current cooperation projects and explored new areas of partnership.
• In 2024, trade between them totaled $218.7 million, led by vehicles, machinery, and electrical equipment.

Tunisia and Japan have confirmed their shared goal of strengthening economic ties through a new agreement focused on protecting and encouraging investment.

The agreement was discussed during a meeting held on April 21 in Tunis between Tunisia’s Minister of Economy and Planning, Samir Abdelhafidh, and Japan’s ambassador to Tunisia, Takeshi Osuga. The meeting also included the head of the Japan International Cooperation Agency (JICA) office in Tunis.

In a statement published the next day, Tunisia’s Ministry of Economy said the meeting focused on reviewing the status of current cooperation projects and identifying new opportunities for technical and financial collaboration.

"The two sides stressed the importance of long-term cooperation and the desire to strengthen their partnership further, highlighting the need to move forward with preparations for the investment protection and promotion agreement," the statement read.

Japan and Tunisia have maintained ties for several decades. Their cooperation spans several sectors, including the economy, education, healthcare, and culture. Japan supports Tunisia through loans, infrastructure projects, training programs, and the work of JICA, as well as through its broader Africa strategy under the Tokyo International Conference on African Development (TICAD).

According to the International Trade Centre (ITC), trade between the two countries reached $218.7 million in 2024. The main product categories traded included vehicles (excluding railway equipment), mechanical machinery, and electrical equipment.

During the meeting, the two countries also highlighted Tunisia’s expected participation in TICAD 9, emphasizing its key role in African development.

 
 
On the same topic
Kenya plans to roll out the ANTITRAC animal identification and traceability system nationwide. The system aims to curb cattle theft and improve...
Starting August 1, the U.S. will impose a 30% tariff on South African agricultural exports, including citrus, beef, and wine. South Africa’s citrus...
(AfDB) - In June 2025, a quiet but important decision marked a real turning point in African urban finance. The African Development Bank's Board of...
After 15 years on the UNESCO List of World Heritage in Danger, Madagascar's Atsinanana Rainforests have officially been deemed safe. This decision marks a...
Most Read
01

• Investors seem to keep focusing on yields, which are high for the moment• New Leadership might see...

Afreximbank Bonds Retain Market Confidence Despite Moody’s Downgrade
02

• Qatar Airways and Kenya Airways establish strategic agreement, introducing a third daily flight be...

Qatar Airways Expands its Network in Africa, Building Presence in Kigali, Johannesburg, and Nairobi
03

• ECOWAS Bank funds 47.7-km stretch of strategic 700-km road project• Lagos-Calabar highway seen boo...

Nigeria Secures $100 mln ECOWAS Bank Loan for Lagos-Calabar Coastal Highway
04

• EY is preparing to leave Francophone Sub-Saharan Africa by 2026• The exit could unlock $500 m...

EY’s Exit Creates $1bn Opportunity in Francophone Africa Consulting Market
05

• Inflation within the West African Economic and Monetary Union (UEMOA) fell to a two-year low of 0....

UEMOA: Inflation Drops to 0.6% in May, Driven by Lower Food Prices
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

regie@agenceecofin.com 
Tél: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.