Economie

Algeria and Canada Explore Enhanced Economic Cooperation

Algiers – Minister of Trade and Export Promotion, Kamel Rezig, held discussions on Saturday with the Canadian Ambassador to Algeria, Robin Lynn Whittleton, focusing on strengthening economic and trade cooperation between the two nations.

The meeting, which took place in Algiers, centered on identifying avenues for expanding bilateral trade and investment. A key point of discussion was the activation and revitalization of the Algeria-Canada Business Council. This council is envisioned as a crucial platform for fostering greater collaboration between Algerian and Canadian businesses, facilitating partnerships, and promoting mutual economic growth.

DZWatch understands that Minister Rezig emphasized Algeria’s commitment to diversifying its economy and attracting foreign investment. He highlighted the various reforms undertaken by the Algerian government to improve the business climate and create a more attractive environment for international partners.

Ambassador Whittleton reportedly expressed Canada’s keen interest in deepening its economic ties with Algeria. She acknowledged the significant potential for collaboration in various sectors, including agriculture, energy, and technology. The Ambassador also reiterated Canada’s commitment to supporting Algeria’s economic development efforts.

The discussions between Minister Rezig and Ambassador Whittleton signal a renewed effort to bolster economic and trade relations between Algeria and Canada. The activation of the Business Council is expected to play a pivotal role in unlocking new opportunities and driving increased investment in both countries. Further details on specific initiatives and collaborative projects are anticipated in the coming months.

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