Blog

09 Aug
0

AMCHAM TUNISIA MEETING WITH TAYP BOARD

AmCham Tunisia Team met with the Tunisian American Young professionals (TAYP) Board, Mohamed Maalouche, Mr. Mondher Ben Hamida, and Mr. Sami Ben Romdhane on August 9th, 2016 at AmCham Tunisia premises.

This meeting was aimed to find ways of collaboration between the two parties in order to enhance the business relationship between Tunisian and US counterparts from the private and the public sector and to stimulate economic development and foster trade and technology transfer between the two countries and investments from the US.

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30 May
0

AMCHAM FRANCHISE DAY

AmCham Tunisia organized an AmCham Franchise Day in partnership with L’Association Tunisienne de Franchise (ATF); that was held on May 30th, 2016 at Le Paris Hotel.

The event gathered AmCham Tunisia and ATF members who have got the opportunity to have an overview on the guidelines to develop a franchise in Tunisia. It was an exceptional initiative witnessed an intervention from the U.S. by the American Franchise Expert, Prof. William Edwards, who studied the power of franchising; a rapid method of developing business and generating.

There were also a presentation from the CEO and Co-Founder of the One to One for Research and Polling, Mr. Youssef Meddeb, who provided insights and market study on the franchise sector in Tunisia.

The event was moderated by Mrs. Rym Bedoui, B&Co. Consulting, who introduced the methods to develop a franchise and the challenges and opportunities of the sector in Tunisia.

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04 May
0

Amcham Tunisia Door Knock & Jec Mission 2016

On May 6, 2016 in Washington D.C., the American Chamber of Commerce in Tunisia (AmCham Tunisia) participated in the first meeting of the U.S.-Tunisia Joint Economic Commission (JEC) as the representative of Tunisia’s private sector in this commission.

The first meeting of the JEC was held as part of the implementation of the U.S.-Tunisia Strategic Dialogue that was created on the occasion of President Beji Caid Essebsi’s visit to Washington in May 2015 to serve as a forum for promoting bilateral economic relations, expanding private sector ties between Tunisia and the United States, and promoting sustainable economic growth and job creation in both countries.

The meeting was co-chaired by Mrs. Catherine Novelli, Under Secretary of State for Economic Growth, Energy, and the Environment, on the American side and M. Ziad Ladhari, Minister of Vocational Training and Employment, on the Tunisian side. The AmCham delegation, led by Khaled Babbou, President of AmCham Tunisia, was composed of high-level representatives of Tunisian companies as well as representatives of U.S. companies operating in Tunisia. In addition to the Tunisian and American governments’ representatives and AmCham Tunisia delegation, the meeting has registered the participation of representatives of the American private sector, including American companies, the U.S. Chamber of Commerce, the National U.S.-Arab Chamber of Commerce, and the Tunisian American Young Professionals Association.

The general topic of the first meeting of the JEC was “Creating private sector jobs and bilateral opportunities through competitiveness and growth.” The breakout sessions focused on accelerating Tunisia’s competitiveness in three priority sectors: Agribusiness, Small and Medium Enterprises (SMEs), and Information and Communications Technology (ICT).

In addition to participating in the JEC meeting on May 6th, the delegation held high level meetings with think tanks as well as representatives from the US Chamber of Commerce, NUSACC, USAID, BCIU, OPIC, Carnegie, US trade representatives and other organizations. The meetings provided opportunities for the delegates to raise the awareness of Tunisia’s potentialities in trade and investment.

AmCham Tunisia President, Khaled Babbou, highlighted the delegation’s two main objectives in his speech to the JEC: 1) to make Tunisia a more attractive partner to the United States and the world and 2) to initiate an Economic Partnership Agreement between Tunisia and the United States, which would include a Free Trade Agreement. He also presented AmCham’s recommendations for growth in the three sectors that had been identified through AmCham Days, a consultative process in various stakeholder meetings.

He affirmed that the credibility and sustainability of the bilateral cooperation process, and hence its success, will critically depend on both countries’ commitment to turn the principles, values and objectives guiding the bilateral relations into policies and actions that will give content to what could otherwise become a merely rhetorical partnership.

Mr. Babbou ended his speech by emphasizing the Tunisian private sector’s commitment to working with government and civil society in order to provide solutions and create the conditions for more growth, jobs and prosperity in Tunisia, and for a stronger partnership with the United States.

Members of the Delegation were: Khaled Babbou, Tunisie Courtage; Amel Bouchamaoui, HBG Holding; Mondher Ben Ayed, TMI; Lamia Fourati, Onetech Holding; Mohamed Bridaa, Microsoft; Ziad Oueslati, AfricInvest; Mehdi Tamarziste, Meninx Holding; Mohamed Zaanouni, Zaanouni Law Firm; Noureddine Hajji, AMC EY; Kamel Zarrad, SARTEX; Abdelhakim Ben Hamouda, Consultant and Mohamed Nouri Jouini, MNJ Consulting.

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04 May
0

Tunisie – Usa/ Khaled Babbou (Amcham): Les Entreprises Privées En Piste Pour Renforcer Leurs Relations D’affaires

Khaled Babbou, président de l’AmCham, a indiqué, dans une déclaration accordée à notre correspondant Wassim Ben Larbi, en marge des préparatifs de la réunion de la Commission économique mixte tuniso-américaine (JEC), que la mission principale du secteur privé est de promouvoir les exportations tunisiennes et booster échanges commerciaux entre la Tunisie et les Etats-Unis dans différents domaines. Il a indiqué, que cette initiative permettra de renforcer le partenariat économique et stratégique entre les deux pays.

Notons que la réunion de cette commission (JEC), considérée comme une première en Tunisie, sera tenue le 6 Mai 2016, à Washington DC.

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04 May
0

Message Of Amcham President On The Occasion Of Dkm & Jec 2016

AmCham Tunisia is sending its sixth delegation to Washington, D.C.to promote increased economic cooperation between the two countries. This year’s trip, Tunisia Door Knock & JEC Mission – 2016 will follow up on the work of the previous five successful AmCham Delegation visits to the US capital which have taken place during a challenging time for Tunisia both nationally and regionally.US-Tunisia relations have improved during this time and the US government and Congress have committed to support Tunisia’s transition. Within this context, the American Chamber of Commerce in Tunisia (AmCham Tunisia) has been working to promote a constructive dialogue on bilateral issues, and to identify policies and actions that would assist both nations in strengthening cooperation and enabling new investment and business opportunities.

AmCham Tunisia welcomed the launch of the US -Tunisia Strategic Dialogue in 2014, the stated purpose of which was to work toward a deep and comprehensive partnership. In 2015, the US -Tunisia Joint Economic Commission was formed to supplement the Strategic Dialogue and the Trade and Investment Framework Agreement in order to further advance economic partnership, expand trade and investment, and promote business opportunities.

This year’s delegation is made up of highly qualified Tunisians, members of AmCham Tunisia. From May 4th to May 6th, 2016 the 12 delegates will meet with think tanks, US trade representatives, US Chamber of Commerce representatives, NUSACC and other organizations in order to lobby for Tunisia’s investment potential.

The AmCham delegation will also participate in the Joint Economic Commission (JEC) Meeting on May 6th, 2016. The JEC is seen as an appropriate and effective institutional mechanism to deal with bilateral economic and development issues and to envision and enact policies, actions, and practical measures in connection with trade, investment, and sectoral cooperation.

The goals of Tunisia Door Knock & JEC Mission – 2016 are to:

  • Raise awareness of Tunisia’ potentialities in trade and investment
  • Reinforce Tunisian – US Business cooperation
  • Build relations with the Congressional and Executive Branches of the US government
  • Represent Tunisia’s private sector during the JEC meeting.
AmCham Tunisia believes this mission serves the interests of both nations, as it promotes peace, stability and prosperity in the Maghreb and beyond.

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04 May
0

Interview Of Mrs.lamia Fourati, General Secretary Of Amcham Tunisia With Sky News Arabia

Interview Of Mrs.Lamia Fourati, General Secretary of AmCham Tunisia with Sky News Arabia, Washington DC

Door Nock Mission, May 4-6 2016 Washington DC

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28 Apr
0

Amcham Tunisia Lunch Discussion: “tunisia’s Major Financial Reforms”

The Minister of Finance, H.E. Slim Chaker, spoke passionately today at the AmCham Tunisia luncheon dedicated to “Tunisia’s Major Financial Reforms.” Speaking frankly with the nearly 100 participants, Minister Chaker said that the biggest challenge facing Tunisia is creating jobs to alleviate the country’s serious unemployment, especially among its youth. He outlined several initiatives he is taking to improve the economic climate, and then identified five other challenges facing the country.

The American Chamber of Commerce in Tunisia (AmCham Tunisia) hosted the luncheon for its members, partners and sponsors at the Concorde Hotel in Les Berges du Lac; during which the American Ambassador to Tunisia, H.E. Daniel H. Rubinstein was an honored guest.

Minister Chaker said that while Tunisia has a diversified economy, a good industrial base and a well-educated population, small to medium businesses (SMEs) need help learning about how to enter the American market. Once they overcome what he referred to as the “psychological barrier” and can proceed with confidence, they will know how to do their businesses. However, another difficulty they face is that some of their competitors have tax-free status while Tunisia does not.

He said, his ministry and the Parliament are working on five new laws that will improve the country’s banking system. Among them he named the Central Bank Law which will give banks more freedom and independence from the political system and recapitalize the 3 pubic banks: STB, BT and BH.  The Credit Bureau Law will decentralize finance and provide more services to the whole country. Under this new law the Credit Bureau will work by regions to assess risk and help SMEs acquire loans.

To incentivize business in under-developed areas, cities have been rated according to their development needs. Under this initiative, businesses starting projects in category 1 and 2 cities receive significant tax incentives over more developed cities.

On the topic of attracting foreign investment, he said that American investors could use Tunisia as a platform to reach other markets.

The Ministry of Finance has also been cooperating with US-AID to modernize Tunisia’s Customs Branch and reform its tax laws which will make it more attractive to foreign businesses.

As part of a lively question and answer period, Minister Chaker outlined the 5 major challenges facing Tunisia in its transition to democracy:

  1. Security and the cost of arms and defense – Tunisia has historically spent a large portion of its resources on education, but now in spending millions on arms and security.
  2. Economic growth.
  3. Social instability caused by unemployment and mistrust in the government
  4. Tunisian’s demand for quick fixes for problems that require long-term solutions
  5. Lack of trust in the economic environment.

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