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Tunisia: CEPEX set to open four new external offices in 2016

The Cabinet meeting has approved the opening of four new offices of the Exports Promotion Centre (CEPEX) abroad in 2016, Trade Minister Mohsen Hassen announced at a working visit to Monastir on Saturday.

Three of these new offices will be opened in Africa and the fourth in Poland, in addition to eight existing offices abroad, he said.

The minister also said his department has taken emergency measures on financing, aimed at boosting exports.

“Public banks will make available to exporters financing plans and other export insurance measures, especially to the Libyan market,” he said, adding that promotional campaigns will be organized for Libyan and Algerian markets.

The Ministry of Trade, on the other hand, has provided the necessary logistical arrangements to establish new sea and land transport routes to Russia and air services to Canada and soon to Erbil (Kurdistan, Iraq) and several African countries.

“The African market is of strategic importance in the Tunisian economic diplomacy,” said Mohsen Hassen, indicating that the Ministry will organize an African forum in December 2016 with the participation of over a thousand exporters of the continent.

The trade balance deficit reached nearly 444 million dinars in the first five months of the year, said the minister, considering that preparing the ground for boosting export will reduce this deficit, reverse the Tunisian dinar depreciation process, make the business climate more attractive and contribute to the promotion of employment and regional development.

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