Oran, Algeria – Oman’s Minister of Agricultural Wealth, Fisheries, and Water Resources, Saud bin Hamoud Al Habsi, stated today in Oran that economic cooperation between Oman and Algeria is poised to enter a more dynamic phase, increasingly focused on tangible investment projects.
Speaking on Thursday, Minister Al Habsi emphasized the commitment of both nations to fostering a stronger economic partnership. He highlighted the potential for increased collaboration in various sectors, particularly those related to agriculture, fisheries, and water resource management. This announcement signals a significant step towards strengthening bilateral relations and promoting mutual economic growth.
“We are moving towards a more proactive and results-oriented approach,” Minister Al Habsi affirmed. “The focus will be on identifying and developing concrete investment opportunities that benefit both the Omani and Algerian economies.” He further noted that discussions are underway to explore specific projects and initiatives that align with the strategic priorities of both countries.
The Minister’s visit to Algeria underscores the importance Oman places on its relationship with the North African nation. It is anticipated that further details regarding potential investment projects and cooperative ventures will be unveiled in the coming months. This development marks a positive shift towards a more robust and mutually beneficial economic partnership between Oman and Algeria, promising new opportunities for growth and development in both countries. The Minister was speaking on the sidelines of the International Fisheries and Aquaculture Exhibition in Oran.
