Algeria: New structures, dedicated to economic diplomacy, developed, FM says

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A new structure dedicated to economic diplomacy has just been set up within the Ministry of Foreign Affairs (MFA), with the objective of coordinating actions at the international level and accompanying Algerian companies in their approach to penetrate foreign markets, Foreign Minister Abdelkader Messahel said, on Friday, in Algiers.

“In the new organization chart of the Ministry of Foreign Affairs, rethought and thoughtful to give more coherence to the Algerian diplomatic action, and in which, economic diplomacy takes a large place, we have put a special structure in charge of economic diplomacy , headed by an ambassador-adviser, exclusively responsible for prospecting and accompanying companies abroad, “said Mr. Messahel.

He spoke on a panel dedicated to economic diplomacy, export development, free trade agreements and trade relations with African countries on the occasion of the 3rd edition of the business leaders (FCE), held from 18 to 20 October in Algiers.

Affirming that this new organizational structure was signed at the beginning of the current month by the President of the Republic, Abdelaziz Bouteflika, and published recently in the Official Gazette, the Minister also announced the creation of a Directorate General, in charge of foresight, studies, and training.

This General Directorate will, in his opinion, “not only aim at new activities to be carried out abroad for the national economy in the future, but also the training of our diplomats in the economic aspect.”

The current economic situation, characterized by a drastic fall in oil prices, calls on all actors in public authorities and the private sector, and the institutions, including the Ministry of Foreign Affairs, “to concentrate and coordinate their efforts to promote the national economy, and to project the image of a competitive and attractive Algeria abroad, “Messahel said.

To this end, economic diplomacy is the “most reliable means of achieving the objectives of the Algerian strategy aimed at developing the country and contributing to the diversification of its economy”, he added.

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