Libya, Tunisia test new ties Tunisia and Libya plan to strengthen their trade relationship over the next few years as Libya gradually opens its domestic market to international economic forces. With the surge in demand for goods and services in Libya, (one of the offshoots of economic growth), Tunisia, a former partner, has placed the development of exports among its top national priorities and is expected to play a key role.The latest official figures published by Tunisia’s CEPEX (Centre de Promotion des Exportations) show a significant increase in the value of bilateral trade, which reached TD1.07 billion ($808.77 million) in the first seven months of 2006, whereas trade value for the entire previous year was equivalent to TD1.27 billion ($959.94 million), up from TD960 million ($725.62 million) in 2004. The increase in bilateral trade value can be credited to several factors, including the rise in oil prices but also the
