` Europe Increases Tunisia's Export Quota - Olive Oil Times

Europe Increases Tunisia's Export Quota

Jul. 27, 2015
Isabel Putinja

Recent News

The annual export quota for olive oil from Tunisia to the European Union (EU) has been increased by 25,000 tons.

The deci­sion to increase the annual quota was announced at a joint press con­fer­ence held by Federica Mogherini, High Representative of the European Union for Foreign Affairs and Security Policy, and Tunisian Prime Minister Habib Essid in Brussels on July 20, 2015, fol­low­ing the meet­ing of EU min­is­ters of exter­nal affairs.

Previously, olive oil exports from Tunisia to the EU were sub­ject to an annual quota of 56,700 tons, with the new quota bring­ing this to a total of 81,700 tons per year. Mogherini also announced that Tunisia would no longer be sub­ject to the monthly export quo­tas which were fixed by the European Commission ear­lier this year.

More than 70 per­cent of Tunisia’s olive oil is exported to the EU, mostly to Italy and Spain, two coun­tries which suf­fered sig­nif­i­cant losses to their olive crops dur­ing the last har­vest. Meanwhile, Tunisia expe­ri­enced an excel­lent crop and exported a record 242,000 tons from November 2014 to the end of June 2015, seven times more than the pre­vi­ous sea­son. /olive-oil-busi­ness/africa-mid­dle-east­/­tunisian-olive-oil-exports-reach-record-high­/48184

In addi­tion to olive oil being Tunisia’s main agri­cul­tural export to the EU, it is also an impor­tant agri­cul­tural resource which pro­vides direct and indi­rect employ­ment to more than a mil­lion Tunisians.

Advertisement

Also announced at the press con­fer­ence was a finan­cial sup­port pack­age of 23 mil­lion Euro towards secu­rity reform in Tunisia fol­low­ing the deadly attacks in Sousse, and the deci­sion to include Tunisia as the first Arab part­ner in the research pro­gram Horizon 2020.



Related News

Feedback / Suggestions