Trade
The EU is Tunisia's largest trading partner. More than 75% of Tunisia's exports go to the EU and more than half of Tunisia's imports come from the EU. The total trade in goods between the EU and Tunisia in 2017 amounted to €20.5 billion.Funding and Assistance
Tunisia receives some of the largest amount of money from the European Neighborhood Instrument out of all the participating countries with a "focus on different sectors such as the economy and the business environment; education, training and research; culture and media; migration and asylum; justice, freedom and security; environment, climate change and energy.". In addition to funding for migrant relief, Tunisia benefits from several other EU funding projects such as the European Instrument for Democracy and Human Rights, Instrument contributing to Stability and Peace, and the Development Cooperation Instrument (DCI). Tunisia is also a member of the Erasmus+ program and an associate member of Horizon 2020. Flows of foreign direct investment to Tunisia are also concentrated on the development of the infrastructure network as well as of the textiles and clothing sectors. In July 2023, Tunisia and the European Union signed a memorandum of understanding to boost economic partnership and reduce immigration from Tunisia to Europe. In September it was announced that as part of the agreement a payment of 127 million euros would be disbursed to Tunisia. A month later however, Tunisia returned 60 million euros back to the EU due to disagreements over the deal.Chronology of relations with the EU
References
{{DEFAULTSORT:Tunisia-European Union relations Tunisia European Union