Russia-Led Trade Bloc Considers Free Trade Agreement with Tunisia Amid Global Influence Battle
The Eurasian Economic Union (EAEU), led by Russia, is considering initiating negotiations for a free trade agreement with Tunisia. This development is part of a broader strategy by the EAEU to expand its trade influence in Africa, as global trade alliances continue to shift. The EAEU, which includes Russia, Belarus, Kazakhstan, Armenia, and Kyrgyzstan, has been actively pursuing free trade agreements with various countries, including Vietnam, Singapore, and Iran. Tunisia's strategic location between the Mediterranean Sea and the Sahara Desert makes it an attractive partner for trade, offering access to both European and Sub-Saharan African markets. The country's diversified economy, which includes agriculture, manufacturing, tourism, and technology, further enhances its appeal. Trade between Tunisia and Russia has been growing, with significant increases in Russian exports of agricultural products and Tunisian exports of olive oil and seafood.