Economy of Tunisia
The Tunisian government adopted a unified investment code in 1993 to attract foreign capital. More than 1,600 export-oriented joint venture firms operate in Tunisia to take advantage of relatively low labor costs and preferential access to nearby European markets. Economic links are closest with European countries, which dominate Tunisia's trade. Tunisia's currency, the dinar, is not traded outside Tunisia. However, partial convertibility exists for bona fide commercial and investment transaction. Certain restrictions still limit operations carried out by Tunisian residents.
Tunis
Tunis has been the capital of Tunisia since 1159. Under Articles 43 and 24 of the Constitution of 1959, Tunis and its suburbs host the national institutions: the Presidential Palace, which is known as Carthage Palace, residence of the President of Tunisia, the Chamber of Deputies and the Chamber of Advisors and parliament, the Constitutional Council and the main judicial institutions and public bodies. The revised Tunisian Constitution of 2014 similarly provides that the National Assembly is to sit in Tunis (article 51) and that the Presidency is based there (article 73).