logo
Tunisia negotiates its accession to Pan-Euromed system of rules of origin

Tunisia negotiates its accession to Pan-Euromed system of rules of origin

African Manager21-04-2025
The file on the ratification of free trade agreements between Tunisia and other partners, including the European Union (EU) and the European Free Trade Association (EFTA), is currently at the Prime Ministry.
It will then be examined for approval by the Assembly of People's Representatives (ARP), said Nabil Arfaoui, director of cooperation with Europe at the Ministry of Trade.
Since 2012, all countries have decided to replace the protocols of origin resulting from bilateral agreements with a reference to a common protocol of origin, namely the regional convention on pan-Euro-Mediterranean preferential rules of origin, the 'PEM Convention', he added at a conference organized in Tunis on 'the new rules of origin in Tunisia'.
The PEM zone is a system of free trade agreements between several parties in Europe, North Africa and the Middle East, applying common and identical rules of origin.
Pending the ratification of bilateral agreements between the parties, the 2012 rules of origin will apply until December 2025.
Indeed, the rules of origin apply to products that meet one of the following conditions: wholly obtained products (products in their natural state of animal, vegetable or mineral kingdom, including no imported inputs) and products obtained after sufficient working or processing (the imported inputs used must meet certain conditions), according to specific rules.
At the Mediterranean level, Arfaoui reported that Tunisia is currently negotiating free trade agreements with several members of the Euro-Mediterranean process in order to benefit from the pan-Euromed system of rules of origin.
He also pointed out that Tunisia and the European Union (EU) have agreed to apply, from March 1, 2025, the revised preferential rules of origin negotiated within the framework of the Pan-Euro-Mediterranean Convention (PEM).
The aim of these rules is to introduce more flexible provisions than those of the 2012 PEM Convention in order to make it easier to obtain 'originating' status for goods exported to the EU, which will then benefit from duty exemptions under the EU-Tunisia Association Agreement.
These revised rules apply to all products covered by the Association Agreement and also provide for additional flexibilities ('derogations').
New processing rules have also been introduced for these products, in particular for fabrics, which will make it easier to obtain originating status.
These new rules will allow more Tunisian products to benefit from easier access to the European market,' says Thierry Beranger, head of the trade section at the European Union delegation in Tunis.
Tunisian exports to the EU are essentially governed by association agreements that have been in place for 30 years.
He added that the European market remains a market of great potential for Tunisia, noting that 70% of Tunisian products are exported to the EU.
The conference on 'New Rules of Origin in Tunisia' was organized at the initiative of the European Bank for Reconstruction and Development (EBRD) as part of the EU-funded Insadder program.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Tunisia: Currency declaration is mandatory… A new digital app coming soon
Tunisia: Currency declaration is mandatory… A new digital app coming soon

African Manager

timea day ago

  • African Manager

Tunisia: Currency declaration is mandatory… A new digital app coming soon

Colonel Elyes Belkhir of the Tunisian Customs announced that declaring foreign currency to customs authorities is a mandatory procedure when leaving Tunisia if the amount held exceeds 20,000 dinars, in accordance with the Ministry of Finance's decision dated March 1, 2016. Speaking on Express FM, Belkhir clarified that amounts below this threshold do not require a declaration, except in three specific cases: 1. If the traveler plans to open a foreign currency account. 2. If the amount reaches or exceeds 20,000 dinars. 3. If the traveler intends to re-export an amount equal to or greater than 5,000 dinars (around 1,500 euros) upon returning to their country of residence. Colonel Belkhir emphasized that declaring currency upon entering Tunisia, regardless of the amount, is a recommended practice. It facilitates currency exchange and financial transactions and also allows travelers to legally re-export the remaining balance if it equals or exceeds 5,000 dinars. He added that the declaration is valid for three months from the date of entry into Tunisia and applies to one trip only. The colonel also announced that Tunisian customs are developing a new digital application, currently in the testing phase, intended for Tunisian expatriates. This new service will allow travelers to declare currency remotely, helping to streamline procedures and simplify currency exchange operations.

Poulina Group Holding finalizes strategic stake acquisition in JM Holding
Poulina Group Holding finalizes strategic stake acquisition in JM Holding

African Manager

time3 days ago

  • African Manager

Poulina Group Holding finalizes strategic stake acquisition in JM Holding

Poulina Group Holding (PGH) announced to its shareholders and the public the completion of its strategic acquisition, following the acceptance of its offer to acquire 45.48% of JM Holding's capital, a stake previously held by Olea Holding. As a reminder, JM Holding is the main shareholder in the Société d'Articles Hygiéniques (SAH), holding 65.73% of its capital. The transaction was carried out between Partner Investment, a PGH subsidiary, and Olea Holding Limited. All preconditions for the deal have been fully met, including institutional approvals, audit completion, contract signing, and regulatory authorizations. The JM Holding share price was indexed based on a valuation of SAH shares at 12 Tunisian dinars per share, with the transaction set to close on July 7, 2025. This indirect stake in SAH, equivalent to 29.9% of its capital, aligns with PGH's targeted investment and business diversification strategy, focusing on high-potential sectors. The deal also marks the beginning of a strategic partnership between the two groups to create lasting industrial, logistical, and commercial synergies. The transaction was facilitated by MAC SA, a leading financial advisor whose support was instrumental in the successful conclusion of negotiations. Following the deal, Mrs. Jalila Mezni and Mr. Mounir El Jaiez remain the majority shareholders of JM Holding, which continues to be the main shareholder of SAH. Both reaffirm their commitment to advancing SAH's ambitions and growing the Lilas brand.

Call to allocate 30% of national tourism capacity to citizens
Call to allocate 30% of national tourism capacity to citizens

African Manager

time6 days ago

  • African Manager

Call to allocate 30% of national tourism capacity to citizens

The Tunisian Organization for Consumer Information (OTIC) has called for an urgent legislative initiative to guarantee Tunisian citizens, especially low-income families the right to access at least 30% of the country's national tourism capacity. This access would be provided at preferential, transparent and clearly defined prices and subject to oversight by independent bodies. The organization also proposed the creation of a 'permanent national mechanism for social tourism', aimed at mobilizing unused public resources and facilities during school holidays, such as dormitories, school and university canteens, youth and cultural centers, campgrounds, and sports complexes. These would serve to provide accommodation and activities for children, pupils, students, and youth within structured recreational, cultural, and educational programs. Furthermore, OTIC reiterated the need to include a special clause in the upcoming Finance Law to establish a dedicated public fund to support social and domestic tourism, along with tax incentives for tourism establishments that adopt this approach. OTIC emphasized that citizens' right to leisure and to discovering the geographical and cultural wealth of their country is a civic right and a fundamental pillar of belonging, citizenship, and balanced development. FTH: 38% of Hotel Guests Are Tunisians JalelEddineHenchiri, Vice President of the Tunisian Hotel Federation (FTH), highlighted the growing importance of domestic tourism and its key role in supporting the national economy and promoting regional development. Speaking on Midi Express, Henchiri noted that in 2024, Tunisian residents spent over 5 million hotel nights, accounting for 21% of total overnight stays, and 38% of hotel guests were Tunisians. He stressed that domestic tourism goes beyond traditional hotels and underscored the value of alternative tourism. Henchiri also called for greater diversification in tourism offerings for local citizens. The Ministry of Tourism is currently conducting a comprehensive study to develop an integrated vision for domestic tourism in Tunisia. This includes updating regulations and specifications for alternative tourist accommodations. Tunisia boasts major assets that can help turn new forms of tourism into a real engine for regional development while appealing to tourists interested in culture, nature, and authenticity. Thanks to its ecological diversity and rich cultural, archaeological, and culinary heritage, Tunisia holds enormous potential for sustainable tourism, a concept that has emerged globally as a response to the harmful effects of mass tourism.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store