Portugal strengthens ties with Tunisia.jpg

Portugal strengthens ties with Tunisia

Portugal and Tunisia hold their first joint summit this week with the aim of strengthening bilateral trade and investment ties.

The meeting, headed by Prime Minister Sócrates and his Tunisian counterpart Mohamed Ghannouchi, is expected to see the signing of several agreements, including the setting up of a 100 million euro credit line to back trade relations. Other agreements are expected to relate to the shipping and textile sectors and to re-enforce business partnerships.

The summit is due to take place in the Lisbon suburb of Oeiras and is seen as “one more step in strengthening relations between the two countries”. Portugal is keen to strengthen economic and political links with neighboring North African Maghreb states.

Portugal already holds annual summits with Morocco and the first was held with Algeria earlier this year.

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