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
Alassane Ouattara is sworn in after winning the October 25 election. He pledges to serve all Ivorians and uphold national unity. His new term...
The U.S. commits $158 million over five years to strengthen Rwanda’s disease control capacity. Rwanda adds $70 million in domestic health...
Africa’s coffee exports hit record 1.18M tons in 2024/25, up 18.6% Ethiopia and Uganda drove nearly 80% of continent’s shipments Arabica...
Citigroup forecasts copper prices above $13,000/ton by Q2 2026 Supply cuts, U.S. tariffs, and stockpiling drive prices to...
Most Read
01

Camtel to launch Blue Money in 2026, entering Cameroon’s crowded mobile money market led by MTN Mo...

Cameroon: State Owned Telecommunication Company To Enter Mobile Money Market
02

Eritrea faces some of the Horn of Africa’s deepest infrastructure and climate-resilience gaps, lim...

AfDB Re-engages Eritrea With Strategy Focused on Infrastructure, Climate Resilience and Regional Integration
03

Huaxin's $100M Balaka plant localizes clinker production, saving Malawi $50M yearly in f...

Malawi: New $100M Cement Plant Targets Forex Crisis but Faces Energy Reality
04

Nigeria seeks Boeing-Cranfield partnership to build national aircraft MRO centre Project aims t...

Nigeria Pursues Boeing, Cranfield Partnership to Establish Aircraft Maintenance Center
05

West African universities met in Dakar to address youth employment Delegates drafted a 10-15 ...

West African Universities Draft Long-Term Training Plan to Meet Labor-Market Needs
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


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.