Algiers – Minister of Foreign Trade and Export Promotion, Kamal Rezig, held discussions with the Ambassador of the Federative Republic of Brazil to Algeria, Marcos Vinicius Pinta Gama, on Monday, focusing on avenues to develop trade relations and strengthen economic cooperation between the two nations.
The meeting, as detailed in a statement released by the Ministry of Foreign Trade and Export Promotion, centered on identifying concrete steps to elevate the existing bilateral economic partnership.
Discussions covered a range of topics, including exploring opportunities for increased trade volume, identifying key sectors for joint ventures, and streamlining processes to facilitate smoother commercial exchanges. Both parties expressed a strong commitment to fostering a more dynamic and mutually beneficial economic relationship.
Minister Rezig emphasized Algeria’s commitment to diversifying its economy and attracting foreign investment, highlighting the strategic importance of Brazil as a key partner in this endeavor. He noted the potential for collaboration in various sectors, including agriculture, manufacturing, and renewable energy.
Ambassador Gama reiterated Brazil’s interest in expanding its economic footprint in Algeria, acknowledging the country’s growing importance as a regional hub. He expressed optimism about the prospects for increased cooperation and pledged to work closely with Algerian counterparts to identify and capitalize on emerging opportunities.
The meeting concluded with both sides reaffirming their commitment to maintaining open channels of communication and working collaboratively to achieve their shared goals of enhanced economic and trade cooperation. Further meetings and initiatives are planned to build upon the momentum generated by this productive dialogue.
