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US to support new entrepreneurs in Tunisia: Obama
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IANS | 07 Mar, 2015
US President Barack Obama has said that the US would invest more than
one billion dollars in the next generation of entrepreneurs in Tunisia
and the world.
Obama announced the decision via an audiovisual
message, which was sent to the opening of the Investment and
Entrepreneurship Conference (IEC) held in Tunis on Thursday, Xinhua
reported.
In the message, Obama emphasised the ongoing support to new entrepreneurs, especially youth and female entrepreneurs.
Within
the next three years, more than one billion US dollars would be
invested in the upcoming generation of entrepreneurs "in order to help
them start and develop new markets, and start a new era of innovation,"
he said.
The president also praised the "model transition of Tunisia" and highlighted the challenges awaiting.
"It
is easy to be discouraged, but the story of Tunisia gives us hope,"
Obama said, adding that currently Tunisia is united by a spirit of
compromise and consensus, "a new constitution, free and fair elections,
and creation of an inclusive government."
For his part, Tunisian
Prime Minister Essid said at the conference that Tunisia has
successfully finished the transitional process, and his country "was
able to make major steps towards setting a new pioneer political model
and a new approach that is based on freedom and pluralism."
The IEC is jointly held by the US State Department, American Chamber of Commerce in Tunisia, and the Tunisian government.
At least 300 economic representatives of the business field in Tunisia and abroad participated at the conference.
Analysts
say the presence of American multinationals in Tunisia is still
considered limited in comparison to other countries. Less than 70
American companies are among the 3,200 foreign companies functioning in
Tunisia.
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