A draft memorandum of understanding for the supply of hydrocarbons is under negotiation between the Asian country Pakistan and Algeria’s Sonatrach, announced, today Thursday, the Ambassador of Pakistan to Algeria Imran Yawer.
Interviewed by DZ Breaking news website, the diplomat highlighted that a Joint Ministerial Commission will be held between both brotherly countries in the first quarter of 2018 in Pakistan’s capital “Islamabad”, adding that this meeting will be attended by high-ranked officials.
“Various issues, including the measures to be taken so as to further boost bilateral cooperation between Pakistan and Algeria in all spheres, will be broached in the 3rd session of this commission, which may be resulted in the inking of several MoUs,” detailed the Ambassador.
Regarding diplomatic ties, the official welcomed both countries long-standing relations dating back to the era of colonialism, mentioning the official visits paid by officials from both sides for the sake to give new prospects so as to provide further impetus to both countries ties and cooperation.
As far as terrorism is concerned, His Excellency praised the huge efforts exerted by both countries in the fight against terrorism as both of them have suffered from this scourge, hailing the role played by Algeria under the wise leadership of the President of the Republic, Abdelaziz Bouteflika, describing him as “ the Leader of Muslim world.
As for the instability witnessed nowadays in the Arab and Muslim world, the ambassador shared his country’s experience in fighting radicalism in terms of promoting diversity and tolerance in the society so as to nip all forms of violence and radicalism from the bud.
Concerning economy, the Ambassador mentioned the availability of his country to step cooperation up between both sides in surgical instruments, agrifood, textile and leather, emphasizing his country’s readiness and willingness to bring its expertise to Algeria in order to further develop agriculture in Algeria.
“The volume of trade exchange between Algeria and Pakistan has reached $20 million, which is not sufficient,” revealed the Ambassador, adding that an Algerian delegation paid a working visit to Pakistan last November to review and assess the current level of cooperation, while the Pakistani delegation is to pay a visit to Algeria next March.
In this aspect, Mr Yawar pointed out that Algeria is a suitable environment for investments given the stability witnessed in the country as well as the moderate climate, calling upon foreign investors to invest in Algeria.
The official explained that new measures are under study so as to foster the exchange in the educational sphere.
The Ambassador concluded the meeting by extending his warmest thanks to the Algerian people, mentioning that the letter share the same traditions and customs as Pakistani especially when it comes to kinship ties and the respect of elderly people.
Interviewed by Hana SAADA.