Tunisia removed from tax-haven blacklist by EU

With UAE, now in grey list

23 January, 20:20

    (ANSAmed) - TUNIS, JANUARY 23 - Tunisia has expressed great satisfaction over the decision of the Economic and Financial Affair Council (ECOFIN) to remove the country from a list of non-cooperative fiscal jurisdictions.

    EU finance ministers on Tuesday removed eight countries from the list of fiscal havens approved in December because they agreed to cooperate. The countries are: Barbados, Grenada, South Korea, Macao, Mongolia, Panama, Tunisia and the United Arab Emirates. They will be moved to a 'grey list' of countries that are closely monitored on the engagements they have taken.

    A Tunisian foreign ministry statement said the measure ''awards intense efforts made by Tunisian authorities at a political and diplomatic level to push EU institutions to reconsider ECOFIN's decision on December 5, 2017 that had placed Tunisia in the black list of fiscal havens''.

    Economic operators also expressed satisfaction.

    Premier Youssef Chahed until last December had worked for a positive solution to the issue sending Secretary of State Hichem Ben Ahmed to Brussels. (ANSAmed).

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