Algeria, Turkey aim to achieve productive, industrial, strategic partnership

ALGIERS- Minister of Trade and Export Promotion, Kamel Rezig, affirmed, in Oran, Algeria's willingness to develop its relations with Turkey with a view to achieving a “productive, industrial, and strategic partnership.”

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ALGIERS- Minister of Trade and Export Promotion, Kamel Rezig, affirmed, in Oran, Algeria’s willingness to develop its relations with Turkey with a view to achieving a “productive, industrial, and strategic partnership.”

In a statement to the press on the sidelines of the opening of the Algerian-Turkish investment exchange salon at the “Mohamed Ben Ahmed” conference center, the minister said that Algeria aims to develop these relations into a “strategic, industrial, and productive partnership rather than a commercial one, in a way that benefits both the Algerian and Turkish parties.”

Mr. Rezig pointed out that the Algerian government has made “colossal efforts” in the past two years to “purify the business climate and facilitate access to foreign investments,” considering that “the business climate is currently favorable,” citing the figures achieved by the national economy at the end of 2021, which proves its “strength”.

Regarding the requests of some Turkish investors for providing information spaces about investment opportunities in Algeria, the minister stressed that “all information are available in digital platforms, accessed by everyone through Algerian diplomatic representations, in Turkey and in other countries.”

Mr. Rezig highlighted that the Algerian economy “has become transparent and operates in the language of numbers”, welcoming all foreign investors who expressed the will to engage “in a purely economic partnership based on a win-win principle, capable of creating added value and job positions”.

The minister also encouraged the institutions participating in the exhibition, noting that the Algerian authorities are ready to accompany Algerian companies in marketing their products outside the country, as it has become necessary for these companies to take the initiative and open up to the world.

Kamel Razig stressed that “economic diplomacy in the Ministry of Foreign Affairs, ambassadors and consuls in various countries of the world, and institutions of the Ministry of Trade are at the disposal of companies wishing to export.”

The exhibition of Algerian-Turkish investment exchanges is organized for four days by “SOS Event” in cooperation with the National Agency for the Promotion of Foreign Trade under the auspices of the Ministry of Trade and Export Promotion, with the participation of 50 exhibitors. It comes within the framework of the dynamic revival of economic activities and the development of investment and trade exchange between Algeria and Turkey.

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