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The Tunisian government aims to boost the value of its country’s exports to EUR20bn (USS$22.9bn) by 2023 and to be among the top five textile exporters to the European Union (EU).

In an announcement at the annual congress of the Tunisian Federation of Textile and Clothing, Prime Minister Youssef Chahed said the goal of the government and stakeholders in the country’s textile and apparel sector is to reposition Tunisia’s exports over the next four years, with a share of Tunisian exports to the European market of 4%.

2018 saw a revival of the textile sector as Tunisia’s exports to the EU reached EUR2.4bn in the period, up 3.8% on 2017, Chahed said.

In addition, the Prime Minister said a new textile contract to be signed in the near future, will create about 50,000 additional jobs in the sector by 2023.

Chahed called on Tunisian and foreign businessmen attending the congress to increase investment and exports in the sector, adding that the state is committed to ensuring a conducive business climate.

Earlier this month, The Tunisian Textile and Garment Federation (FTTH) signed final papers agreeing a process of salary increases over the next two years with the country’s National Labour Union (UGTT).

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By GlobalData

The move, set out on 20 December, gives textile and garment industry managers the chance to encourage productivity by giving their workers financial stability, as well as improving international market confidence in Tunisia’s social responsibility.