Egypt, Tunisia seek closer trade, investment ties at joint committee talks

Egypt and Tunisia agreed to boost trade and investment during the 18th session of the Egypt-Tunisia Joint Higher Committee in Cairo this week, Egypt’s Cabinet said on Thursday.

During a meeting with Tunisian Minister of Trade and Export Development Samir Abid, Egyptian Planning and International Cooperation Minister Rania Al-Mashat said the committee serves as a long-standing platform for cooperation in infrastructure, logistics, transport, trade, and industry.

Egyptian exports to Tunisia rose 15.4 per cent in 2024 to $434.5 million compared with the previous year, according to official data, with both governments targeting further growth.

Al-Mashat said Cairo and Tunis would work to leverage economic agreements such as the Greater Arab Free Trade Area, the Agadir Agreement, and the African Continental Free Trade Area, while also maximising benefits from COMESA membership.

She stressed the role of the private sector in expanding into African, Arab, and European markets, boosting the presence of Egyptian and Tunisian products abroad.

Talks also covered cooperation in sustainable development, investment, energy, agriculture, healthcare, education, and other areas, the statement said.

Subediting: Y.Yasser

Attribution: Amwal Al Ghad English