The Algerian-Turkish Economic Forum…discussing partnerships and joint investments – New Algeria

Ashraf minister Trade and export promotion, Tayeb Zitouni, today, accompanied by the Turkish Minister of Trade, Omar Bolat, at the opening of the Algerian-Turkish Economic Forum, with the participation of Algerian and Turkish businessmen, to discuss partnerships and joint investments.

In an opening speech, the minister affirmed Algeria’s aspiration to deepen the partnership and expand its fields with the State of Turkey, especially in the promising productive sectors.

Zitouni explained in his speech that the Algerian-Turkish relations are long-standing and rooted in history, as the two countries share commonalities. Turkey and Algeria also exchange a positive outlook dominated by understanding and respect, the basis of which is the sovereignty of economic decision-making and commercial cooperation, and which is built on the logic of (winner/winner), as he understands it well. “Our Turkish friends who, like us, reject all forms of guardianship, dictates, and economic domination.”

Zitouni said that cooperation The joint economic economy has witnessed increasing momentum since the beginning of the year 2020, as the volume of bilateral trade between Turkey and Algeria reached 6.3 billion dollars during the past year, adding that Algeria is looking forward to achieving the goals set during the meeting of the presidents of the two countries and their directives aimed at consolidating, enhancing and expanding bilateral relations, while continuing to… Efforts and taking the necessary steps to strengthen bilateral relations in various fields.

The minister added that Algeria is looking forward to deepening the partnership with Turkey and expanding its fields, especially in promising productive sectors, such as agricultural, food and processing products, mechanical and electrical products, plastic industries and employment, products integrated into global value chains and the tourism and services sector.

He called Olive Institutions Turkey and Algeria seek to seize these opportunities to jointly access the African market, with which we share a free zone that grants revenues worth 3,000 billion US dollars. Algeria also seeks to achieve African integration through several structural projects with a continental dimension, such as the Trans-Saharan Road, in addition to initiating In establishing five free trade zones to achieve their African depth.

On the sidelines of the forum, the Minister discussed with his Turkish counterpart ways to strengthen the partnership between the two countries.