The period from January to September 2011 is characterized by decrease of export values and increase of imports.
In Egypt, export and imports values reached $2,229.5 million and $5,276.5 million, respectively, in August 2011, compared to $2,415.7 million and $4,147 million in May 2010.
In Tunisia, exports reached 1,914.8 million Tunisia dinar in September 2011 compared to 2,305.2 million Tunisia dinar in December 2010, and imports reached 2,897.2 million Tunisia dinar against 2,399.2 million Tunisia dinar in August 2010.
This huge gap between exports and imports has alerted both economies to take appropriate actions.
Egypt’s foreign policy aims to develop economic relations with various countries in the world especially at both bilateral and multilateral levels.
In the current context, developing these economic relationships will require intensive efforts to restore confidence in Egypt’s products and economy. Egyptian policy also aims to open wide vistas for international and regional cooperation on the basis of mutual interest.
In parallel, the optimal Tunisian solution to get out of the current crisis is to help drive productive economy and strengthen the climate of trust both in the integrity of transactions and security of citizens and their properties, because safety and economic stability provide basic safeguards that will encourage entrepreneurs to invest and open new projects.
