Tunisia is positioning itself as a key trade hub for Africa, with ambitious plans for a trans-Saharan trade route linking North Africa to sub-Saharan markets.
Speaking at the “Regional Export Mornings” forum in Sfax on Friday, October 25, 2024, Minister of Trade and Export Development Samir Abid announced the government’s vision for a “Libya-Tunisia-Africa” corridor.
This ambitious project would establish a trade route extending south from Tunisia, through Libya, to five landlocked countries: Chad, Niger, Mali, Burkina Faso and the Central African Republic.
The minister described the corridor as central to the government’s strategy to boost exports, predicting it would become the continent’s largest land trade route.
This would facilitate the smooth movement of goods and strengthen economic ties between North Africa and sub-Saharan Africa, positioning Tunisia as a key player in regional trade.
A series of measures aimed at making Tunisia a more attractive trading partner were also presented. These include the implementation of the World Trade Organization’s Trade Facilitation Agreement to modernize customs procedures and reduce bureaucratic delays.
In addition, the government is considering overhauling its Easy Export program to provide greater support to Tunisian companies seeking to sell their goods abroad.
Recognizing the need for a favorable legal framework, the minister announced his intention to revise the laws governing foreign trade and the Export Promotion Fund (Foprodex).
He also stressed the importance of efficient distribution networks, underlining the government’s commitment to improving the way goods are transported to markets.
These measures demonstrate Tunisia’s commitment to creating a dynamic and competitive business environment. By encouraging exports and attracting investment, these efforts will boost economic growth and consolidate Tunisia’s position as a gateway to Africa.
