Acting Foreign Minister presents in London business and investment opportunities in Tunisia

Secretary of State for Foreign Affairs and acting Minister of Foreign Affairs, Sabri Bachtobji, led on Monday the Tunisian delegation participating in the work of the first investment summit in Africa, which is held in London.

Bachtobji had, on the sidelines of his participation in this summit, a series of meetings with a number of British and African officials from the public and private sectors, including UK Minister of State for the Middle East and North Africa Affairs Andrew Morrison, and UK Minister for Investment at Department for International Trade (DIT), and Vice President of the European Bank for Reconstruction (EBRD), Jürgen Rigterink, according to a statement of the Ministry of Foreign Affairs.

The talks provided an opportunity to promote Tunisia as a preferred investment destination and to raise awareness of Tunisia's potential to strengthen tripartite cooperation with African countries, the statement added.

The Tunisian delegation participating in the summit, which aims to develop cooperation between African countries and the UK, included representatives of the Tunisian Development Authority, the Foreign Investment Promotion Agency, the Tunisian-British Chamber of Commerce and the Tunisian private sector in several areas, such as communication technologies, financial services and the pharmaceutical, food and renewable energy industries.

The numerous meetings that the Tunisian delegation had with UK economic players made it possible to identify trade and investment opportunities in Tunisia and to discuss new partnerships in many sectors, the press release said.

Bilateral Tunisian-British cooperation has experienced a positive dynamic in recent years, with a 30.5% increase in Tunisian exports to the UK market compared to 2018 and a trade balance surplus in favour of Tunisia of 213 million dinars, in addition to the signing of a continuation agreement and the strengthening of trade relations between the two parties after the exit of the United Kingdom from the European Union.

The United Kingdom has invited 21 African countries, including Tunisia, to participate in this first summit, which is part of the strengthening of cooperation and development between African countries and the United Kingdom, as well as the promotion of the enormous economic and investment potential in Africa in many areas, with particular emphasis on the area of youth employment and cooperation in the fields of health, environment, agriculture and renewable energy.

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