Last Update 11:38
Thursday, 17 August 2017

We want more trade with Egypt: Tunisian investment minister

Ahram Online spoke to the Tunisian minister at the country's 2020 investment conference

Karem Yehia in Tunis, Wednesday 30 Nov 2016
Tunisia
File Photo: Tunisia's Investment Minister Mohamed Fadhel Abdelkefi (Photo: Reuters)
Share/Bookmark
Views: 1620
Share/Bookmark
Views: 1620

Tunisia hopes for trade growth with Egypt, Tunisian Minister of Investment, Development, and International Cooperation Mohammed Fadel Abdel Kafi told Ahram Online at Tunisia’s 2020 investment conference.

Abdel Kafi said in exclusive statements to Ahram Online that the size of economic cooperation was still tenuous, adding that he met Egypt’s minister of international cooperation, Sahar Nasr, in November to discuss economic cooperation between the two countries.

In November, Nasr and her Tunisian counterpart discussed means to enhance cooperation between the two sides in the upcoming period, especially in the international, regional and Arab financial institutions, to obtain optimum benefit from both countries’ development partners.

Nasr put emphasis on increasing cooperation between the ministries in economic development projects in Egypt and Tunisia.  

On Egyptian investors participation in the Tunisian conference, Abdel Kafi said that several Egyptian investors attended the conference, yet considered Egyptian participation overall as “weak.”

The minister, however, did not rule out reaching agreements of cooperation in the tourism field.

“Everything is possible,” he said.

On Wednesday, the two-day Tunis investment conference was concluded following promises of billions of dollars, funds for developmental projects, and tens of memorandums signed on Tunisia’s economic recovery.

Abdel Kafi said that Tunis was able to accomplish more than it expected, adding that the country was on the right path economically.

According to official sources, the conference was able to attract $32 billion in foreign investment, yet the numbers remained contradictory ahead of the closure of the conference.

Tunisian State TV reported Tuesday that foreign investment commitments exceeded $10 billion, whereas Al-Shorouk newspaper, one of the most circulated newspapers in Tunisia, said Wednesday that Tunisia was able to attract $15 billion.

Sources in the ministry had reservations on responding to Ahram Online's questions on the total worth of promised investments, saying that things would be clear after the conference was concluded.

 

Short link:

 

Email
 
Name
 
Comment's
Title
 
Comment
Ahram Online welcomes readers' comments on all issues covered by the site, along with any criticisms and/or corrections. Readers are asked to limit their feedback to a maximum of 1000 characters (roughly 200 words). All comments/criticisms will, however, be subject to the following code
  • We will not publish comments which contain rude or abusive language, libelous statements, slander and personal attacks against any person/s.
  • We will not publish comments which contain racist remarks or any kind of racial or religious incitement against any group of people, in Egypt or outside it.
  • We welcome criticism of our reports and articles but we will not publish personal attacks, slander or fabrications directed against our reporters and contributing writers.
  • We reserve the right to correct, when at all possible, obvious errors in spelling and grammar. However, due to time and staffing constraints such corrections will not be made across the board or on a regular basis.
Latest

© 2010 Ahram Online.