Tunisia – Tunis holds Libyan-Tunisian-Algerian Conference on free, digital economy

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Location: Tunis– Tunisia

Language: Arabic

Duration: 00:04:00

Voice: Natural

Source: A24 News Agency

Restrictions: A24 clients

Date: 1/3/2022

Storyline

Tunis hosted yesterday, Monday, the Libyan-Tunisian-Algerian Conference to discuss ways to transition towards a free and digital economy in Africa. Local and international experts in addition to some institutes from public and private sectors of the three countries participated in the event. The conference aimed to highlight the importance of a free and digital economy in economic growth and to unify strategic visions between the three countries to form an economic bloc that enhances their presence in the African market. Also, the three countries sought to develop partnership and joint cooperation in setting export and marketing strategies that pave the way towards investment opportunities, such as building new ports on the Mediterranean Sea. Other six workshops will be organized to tackle the issues of legal and regulatory standards, banks’ role in supporting digital and free economy projects, in addition to investment in information technology, intra-African trade, and international cooperation to support the new type of economy. According to official figures, Africa’s exports account for 572 million USD, and 450 million USD for imports, while the intra-African trade does not exceed 15 percent.

Shotlist

– Soundbite (Sami Said Shalladi – General Undersecretary of the Libyan National Planning Council):

“We contacted many governmental and private institutes and bodies locally and regionally, such as Tunisia, Algeria, Mali, Chad and Niger, and the (conference) had good attendance. We expect to reach recommendations and exchange experiences to advance the economies of countries.”

– Soundbite (Yassin Bousriouil – President of the Conference):

“Through this conference, we strived to integrate private and public sectors and set up policies and strategies to promote free and digital economy. We seek to identify possible challenges and develop plans for the next five to ten years.”

– Soundbite (Miftah al-Harir – Chairman of the Libyan Planning Council):

“African countries suffer from a sluggish economy. Such conferences provide traders and businessmen with facilities to direct their business into this field (free & digital economy). In order for this type of transaction to be successful, Legislature should pass new legislation and amend previous ones.”

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