Tunis: The Tunisia Investment Forum (TIF) will serve as a unique platform to forge new partnerships, attract investment and showcase Tunisia’s vast investment potential in various sectors, said European Union (EU) Ambassador to Tunisia Marcus Cornaro.
Speaking in Tunis on Wednesday afternoon at the opening of the 21st edition of the TIF 2024, the European diplomat reiterated the EU’s commitment to support and assist the Tunisian government in its efforts to take the country to a higher level. ‘Tunisia has immense development potential and strong relations with its neighbours,’ he stressed.
This forum has attracted over 1,000 participants, with some 85 European companies registered for the event and ready to continue their cooperation with Tunisia, Cornaro said.
“The EU is supporting this forum within the framework of Tunisia-EU cooperation and in line with the commitments we made together under the Memorandum of Understanding signed last year.”
This MoU, the first of its kind in the region, marks an impor
tant milestone in five pillars of cooperation: macroeconomic stability, economy and trade, green energy transition, people-to-people contacts, and migration and mobility. After nine months, this MoU has already produced tangible results,” Cornaro added.
For his part, Samir Majoul, President of the Tunisian Confederation of Industry, Trade and Handicrafts (UTICA), affirmed that while Tunisia has immense potential, a strong manufacturing base, a skilled workforce and highly innovative companies, it is crucial to implement appropriate policies to stimulate investment and innovation.
This includes removing unnecessary bureaucratic procedures and developing the regulatory framework to encourage business dynamism.
The UTICA president also called for the integration of the growth objective into the central bank’s policy, which should not be limited to controlling inflation.
He stressed the need to introduce a modern foreign exchange code, to promote the internationalisation of the Tunisian economy and to attract
foreign investment.
Source: Agence Tunis Afrique Presse