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.
Culture of Tunisia
The national flag of Tunisia is predominantly red and consists of a white circle in the middle containing a red crescent around a five-pointed star. The Bey of Tunis Al-Husayn II ibn Mahmud decided to create the flag after the Battle of Navarino on 20 October 1827, which was adopted in 1831 or 1835. It remained the country's official flag during its time as a French protectorate, and was confirmed as the national flag of the Republic of Tunisia with the signing of the Constitution of Tunisia on 1 June 1959. It was not until 30 June 1999 that its proportions and design were clearly specified in law.