Tunisia’s growing success in African trade under AfCFTA agreement
Tunisia is making significant strides in expanding its export operations within the framework of the African Continental Free Trade Area (AfCFTA), with over 130 export operations recorded under the agreement, according to Fakhri Bouziane, Director of General Administration for Cooperation with African Organizations and Countries at the Ministry of Trade.
Speaking on Friday, December 13, 2024, during the launch of a tariff and origin information system in collaboration with German cooperation, Bouziane revealed that Tunisia has broadened its export destinations under AfCFTA from 8 to 11 countries.
New markets, including South Africa, Nigeria, and Morocco, have become key destinations for Tunisian exports, marking a notable development in the country’s trade relations within the continent.
Ambitious 2025 Vision for Trade Expansion
Bouziane highlighted that by 2025, AfCFTA aims to increase the number of participating African countries open to Tunisian exports to 35.
This expansion is expected to significantly boost trade exchanges and enhance the presence of Tunisian products across African markets.
“This evolution reflects our commitment to strengthening trade relations across the continent and creating more opportunities for Tunisian businesses,” he stated.
Leveraging African Markets for Import and Export
The Ministry of Trade and Export Development is also working to utilize the African market not just for exports but for importing raw materials to be processed in Tunisia.
These materials can then be re-exported to African or global markets, fostering economic development and opening new business opportunities.
This initiative underscores Tunisia’s strategic focus on increasing its integration into African markets, leveraging the potential of the AfCFTA to support economic growth and expand its trade horizons.
As the country positions itself as a key player in intra-African trade, the future looks promising for Tunisia’s economic ties with the continent.