Tunisia, Libya, and Algeria Strengthen Economic Cooperation

A vital meeting took place on April 22 between Tunisian President Kais Saied, Libyan Presidential Council President Mohamed Younes El-Menfi, and Algerian President Abdelmadjid Tebboune. The meeting aimed to reinforce the importance of economic cooperation between the three nations.

Strengthening Regional Security and Cooperation

The primary objective of the meeting was to strengthen the alliance between the three countries, leveraging their geographical proximity to enhance strategic and economic cooperation and unify their position to ensure regional security. The leaders also sought to guarantee food and water self-sufficiency by cooperating in cereal production, fodder, and seawater desalination. Furthermore, they explored the exploitation of underground water resources in the Sahara, the development of investment projects, and the interconnection of electrical grids. Additionally, they planned to cooperate in the exploitation of energy resources and reduce customs constraints to facilitate the circulation of goods.

New Opportunities for Entrepreneurs

This alliance is excellent news for entrepreneurs from Tunisia, Libya, and Algeria, as well as international entrepreneurs established in these countries. It opens up new opportunities for economic cooperation between the three neighboring countries. Strengthening the alliance between these countries, intensifying strategic and economic cooperation, and ensuring regional security means increased potential for Tunisian entrepreneurs to expand their commercial activities in the region.

Boosting Trade and Economic Growth

In particular, the reduction of customs constraints and the facilitation of goods circulation will create a more conducive environment for commercial exchanges and economic growth for Tunisian businesses.