finance & economy

Transport subsidies for Tunisian exporters to be disbursed end January

January 13, 2021

(TAP)- A second disbursement of transport subsidies for Tunisian exporters will be paid by the end of January 2021, vice-president of the National Union Chamber of International Trade Companies Zied Jaouadi told TAP on Tuesday.

These subsidies aim to support businesses impacted by the coronavirus pandemic; the first half was disbursed last week by the Export Promotion Centre (CEPEX).

Minister of Trade and Export Development Mohammed Bousaid, on Tuesday, met with President of the National Union Chamber of International Trade Companies Taoufik Melih, to discuss reviewing the legal framework for international trade companies.

The meeting was attended by representatives of the Tunisian Confederation of Industry, Trade and Handicrafts (UTICA) and CEPEX.

The legal framework has not been amended since 1994. Its overahul will enable companies to increase their exports to the African, Algerian and Libyan markets, participants in the meeting said.

The representatives of the National Union Chamber of International Trade Companies demanded involving the private sector in restructuring CEPEX and the Export Promotion Fund (FOPRODEX), which kicked-off in 2020.

They listed the difficulties hindering the activity of exporting companies, particularly in terms of transport and logistics.

A meeting was scheduled with the participation of the Minister of Trade and that of Transport and Logistics, as well as representatives of UTICA.

It will examine the difficulties encountered in ports and define means of overcoming them, particularly with regard to the port of Rades.

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