TPCI Publication

Tunisia appears to be a stagnant economy in terms of GDP growth and imports growth in goods and services. This report, in an attempt to bolster trade between India and Tunisia, has identified a list of products and services that hold the potential of steering trade growth. Other than this product- based identification, India must also look at the future policy agendas of Tunisia, and align its trade negotiations with Tunisia’s long term goals. For example, the country in its 2020 roadmap stresses heavily on building and renewing transportation- rail and road, bridges and stations, metro rail networks. Similarly, infrastructure opportunities exist in water desalination plants and related pumping stations and supply network. This agenda of the Tunisian government offers two opportunities to India- one, supply of raw materials and two, advisory services. After all these economic considerations, one must understand the political story of Tunisia, such as its young democracy, small private sector, presence of terrorism, and most importantly, its financial dependence on developed world.