Finance agreements reached between Tunisia and France

The Tunisian government signed three finance agreements with the French Agency for Development.

From the Tunisian side Mohammed Ghannouchi, minister of international cooperation and foreign investment, signed the agreement, which was signed from the French side by Antoine Powait, the agency's manager.

The first agreement presents a loan of 110 million French francs (20.9 million Tunisian dinars) to participate in financing a project for developing industrial areas in Sousa state, 140 kilometers from the Tunisian capital.

The second agreement aims at financing a program for developing the public districts at a cost of 150 million French francs. The program includes developing 238 residential areas.

The third agreement is a donation of four million French francs, specified to protect the environment in Tunisian coastal areas.