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Italian Business within the Countries of the Med area – The cases of Egypt,Tunisia and Morocco

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Italian Business within the Countries of the Med area – The cases of Egypt,Tunisia and Morocco

Among the 5 countries lining the southern shore of the Mediterranean, Egypt, Tunisia and Morocco are those with a more diverse economy that is to say not linked to the revenue deriving from the sale of oil as Algeria and Libya. The common features of these countries are the openness to the relations with the West and a strong commitment on policies intending to attract foreign investment. Egypt is the most densely populated country in North Africa, with more than 85 million inhabitants and features a GDP that exceeds 270 billion dollars. Tunisia, which is the smallest of the three countries, (population 11 million and a GDP worth 50 billion dollars) has the highest per capita income (almost 10 thousand dollars per year), whereas Morocco is placed in an intermediate position in terms of size (about 33 million inhabitants and a GDP amounting to 105 billion dollars) but it is the country with the lowest per capita income (5,500 dollars per year). There are almost 1,800 Italian companies operating in these three countries, with a total turnover of about 8 billion euros.

This report is extracted from the SRM’s 4th Annual Report on “Economic relations between Italy and the Mediterranean area – November 2014”.

Both the English and Italian version may be purchased from this website in digital version, at a discounted price.

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Among the 5 countries lining the southern shore of the Mediterranean, Egypt, Tunisia and Morocco are those with a more diverse economy that is to say not linked to the revenue deriving from the sale of oil as Algeria and Libya. The common features of these countries are the openness to the relations with the West and a strong commitment on policies intending to attract foreign investment. Egypt is the most densely populated country in North Africa, with more than 85 million inhabitants and features a GDP that exceeds 270 billion dollars. Tunisia, which is the smallest of the three countries, (population 11 million and a GDP worth 50 billion dollars) has the highest per capita income (almost 10 thousand dollars per year), whereas Morocco is placed in an intermediate position in terms of size (about 33 million inhabitants and a GDP amounting to 105 billion dollars) but it is the country with the lowest per capita income (5,500 dollars per year). There are almost 1,800 Italian companies operating in these three countries, with a total turnover of about 8 billion euros.

This report is extracted from the SRM’s 4th Annual Report on “Economic relations between Italy and the Mediterranean area – November 2014”.

Both the English and Italian version may be purchased from this website in digital version, at a discounted price.

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