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  Tunisia:
Start of New Era
 

Tunisia's Minister for Industry and Energy, Moncef Ben Ahdallah with Sunil Dang Tunisia's Minister for Industry and Energy, Moncef Ben Ahdallah, was in New Delhi in the third week of May 2003 to forge dynamic economic cooperation ties with friendly India. During his visit he met prominent Union Cabinet Ministers like Arun Shourie, Arun Jaitley and Kushi Ram Rana. The DayAfter Editor-in-Chief, Sunil Dang, in an exclusive interview with Ben Ahdallah discussed the prospects of dynamic Indo-Tunisian economic cooperation.

In this brief introductory presentation we give a profile of Tunisia and Tunisia-India relations and some investment opportunities:

Strategic location

Crossroads of North Africa, Europe,
and West Asia

Excellent Political relations

Diversified legal framework but limited trade flows: reached 212 MD in 2002; Tunisian exports : phosphoric acid, leathe—-Indian exports: cotton yarn, tea, tobacco, textiles..

Important investment opportunities in various fields

Greater interest shown by private entrepreneurs from both countries.

Ambition to consolidate and further diversify our cooperation.

Tunisia at a glance

Population: 10 million

Demographic growth : 1.1 %

50 % of jobs in industry dedicated to export

Life expectancy at birth: 72.2 years

GDP: $ 20 billion

Agriculture : 12%

Industry : 34%

Services : 54%

Inflation : 2.8 % (2002)

The middle class represents 80% of the population.

Poverty rate reduced to 4%.

Education : Compulsory for boys and girls between the ages of 6 and 16,

- free at all levels.

Number of students : 15% of population between 19-24 years .

Some investment opportunities

Textile: Yarns and fabrics are still imported in large quantities by exporting companies in operation in Tunisia. (1 billion US$)

Automotive and Industrial components: for local or export markets (harnesses, connecting and lighting devices,printed circuits, condensors, transformers).

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