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EU promises financial support to Tunisia until 2020 (Jean-Claude Juncker)

Published the:  24/04/2018

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(TAP Correspondent: Sofien Manai) - The European Union will provide financial support to Tunisia until 2020, European Commission President Jean-Claude Juncker promised on Tuesday in Brussels.

"Last year Tunisia was provided financial assistance of €300 million to meet its pressing needs.

Overall, the financial assistance granted by the European Union to Tunisia could reach some €10 billion in 2020, from the outbreak of the Revolution in 2011," he added at a joint press conference with Prime Minister Youssef Chahed.

The president of the European Commission called on the Tunisian government to accelerate the implementation of the reform programme "with the aim of stabilising the economy and creating the conditions for sustainable growth".

"The EU will financially support Tunisia to help it address its socio-economic challenges," he said, adding that some measures may be unpopular but they are deemed necessary to boost the economy.

The President of the European Commission has reported the significant progress made by Tunisia on the path of political, democratic and political transition.

He also announced that he will visit Tunisia on July 23 and 24, heading a large delegation to see firsthand the reform process in the country.

For his part, Prime Minister Youssef Chahed praised the support provided by the EU to Tunisia since the uprising of the Tunisian people in 2011, citing as an example several structuring projects funded under the Tunisia-EU cooperation.

In the same context, Chahed recalled the Deep and Comprehensive Free Trade Agreement "DCFTA" which he described as "economic priority for Tunisia" and the issue of Open Skies. "Tunisia is quite ready for the Open Skies," he pointed out.

Chahed also welcomed the agreement reached Tuesday between Tunisia and the EU allowing the export of an additional 30 thousand tonnes of Tunisian olive oil to Europe