The Egyptian Commercial Service (ECS) held a meeting on Monday at the headquarters of the Tunisian Union of Industry, Commerce, and Handicrafts (UTICA) to explore ways to deepen trade and economic cooperation between Egypt and Tunisia.
The meeting brought together representatives from both countries to discuss mechanisms for enhancing bilateral trade, promoting joint investments, and increasing trade volume to $1bn in the near term.
The Egyptian delegation included Ambassador Bassem Hassan, Egypt’s Ambassador to Tunisia, and Mohamed Maghrabi, Commercial Counselor and Head of the ECS in Tunisia. On the Tunisian side, participants included UTICA President Samir Majoul, Vice President Hamadi Kooli, Board Member Abdessalam Eloued, and several other board members.
Discussions focused on supporting Tunisian investments in Egypt, identifying promising sectors for new partnerships, and building on the outcomes of the 18th session of the Egyptian-Tunisian Supreme Joint Committee held in September 2025. Both sides also reviewed opportunities to enhance cooperation between private-sector institutions in the two countries.
The meeting reaffirmed the commitment of both Egypt and Tunisia to continued coordination and consultation aimed at advancing economic integration and strengthening bilateral trade relations.
Head of the ECS Abdel Aziz El-Sherif said trade relations between the two countries have witnessed strong growth in recent years, with trade volume reaching approximately $434.5m in 2024 — a 15.4% increase from 2023. Egyptian exports totalled $379.9m in 2024, up 16.5% from $325.9m the previous year.
During the first half of 2025, trade between Egypt and Tunisia amounted to about $243.9m, compared to $224m during the same period in 2024. Egyptian exports reached around $206.5m, up 3.5% year-on-year, reflecting continued growth momentum and further potential for expansion.
El-Sherif noted that as of February 2025, the number of companies with Tunisian participation in Egypt stood at about 449, with total issued capital of $243.4m, of which the Tunisian share was $45.63m.
He added that the services sector accounted for 26.2% of Tunisian investments in Egypt, followed by the industrial sector at 25.6%, underscoring the diversity of bilateral investment cooperation and the scope for new partnerships in both sectors.
El-Sherif reaffirmed the ECS’s ongoing efforts to strengthen economic, trade, and investment cooperation with Tunisia, contributing to regional integration and supporting shared development goals between the two countries.
