Author (Corporate) | European Union: European External Action Service |
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Publication Date | August 2017 |
Content Type | Key Source, Overview |
Overview of the relations: Trade relations between Tunisia and the European Union had been longstanding and they date back to 1969, when the first EEC-Tunisia trade agreement was signed. These relations gained new momentum in 1995 when the EU-Tunisia Association Agreement was agreed between the two sides. In this framework, a Free Trade Area for industrial products was created, with the application of duty limited to zero on trade in these products. Tunisia was the first southern neighbour to sign up and implement such scheme with the European Union. The Jasmine Revolution in 2011 opened a new chapter in the relations between the EU and Tunisia. Facing a set of big challenges as transition to democracy followed its course, the EU decided to adopt a fresh approach to support the country in addressing them. A Privileged Partnership was established in November 2012, aiming at further enhancing relations between the two parties. The official launch of negotiations for a Deep and Comprehensive Free Trade Agreement (DCFTA) took place in October 2015. Tunisia also benefits from the EU's European Neighbourhood Policy (ENP). In this context, the European Neighbourhood Instrument (ENI) guarantees the essential components of the aid funding, earmarked for assisting with political, economic and social reforms. |
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Source Link | Link to Main Source https://eeas.europa.eu/headquarters/headquarters-homepage/24118/tunisia-and-eu |
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Countries / Regions | Eastern Europe, Europe, Northern Africa |