Algerian Ambassador in Cairo: Signing agreements and memorandums of understanding – New Algeria

Confirm Muhammad Sufyan Barah, Algeria’s Ambassador to Cairo and Permanent Representative to the League of Arab States said that the holding of the ninth session of the Egyptian-Algerian Joint Higher Committee, scheduled for the 26th of this month, represents an important step in the path of cooperation between the two countries, as its work is expected to be crowned by the signing of a package of agreements and memorandums of understanding, stressing that bilateral relations are still below the level of ambitions, as the volume of trade exchange between the two countries is only about one billion dollars, a number that does not reflect the real potential of both sides.

The Algerian ambassador to Cairo, Mohamed Sufyan Barah, explained in an interview with “Youm7” newspaper. The ninth session of the Egyptian-Algerian Joint Higher Committee will be held. Scheduled for the 26th of this month, it represents an important step in the path of cooperation between the two countries.

The Algerian ambassador highlighted that the ninth session is expected The Egyptian-Algerian Joint Higher Committee. Its work will culminate in the signing of a package of agreements and memorandums of understanding. In addition to organizing a businessmen’s forum aimed at enhancing economic and investment cooperation between the two countries. Together, these steps represent a practical indication of the common will to advance economic relations to the level of strategic partnership.

On the economic level – Barah indicated that it can be said that bilateral relations are still below the level of ambitions. The volume of trade exchange between the two countries is only about one billion dollars, a number that does not reflect the real potential of both sides. We look forward to strengthening these relations in proportion to the weight of the two countries and the brotherhood that unites them. We are working to increase this number to five billion dollars annually, by expanding areas of partnership and launching more diverse and in-depth joint projects.

In the same regard, the ambassador stressed that Egyptian-Algerian relations enjoy unique characteristics, as they are relations whose roots extend deep into history, and whose branches branch out to reach broad horizons, based on a strong brotherhood and a long record of common struggle. It has become a living model of Arab solidarity and cooperation based on common visions.

Algeria is witnessing a comprehensive renaissance based on the vision of the President of the Republic

The visit of President Abdelmadjid Tebboune to Egypt in October 2024 constituted a turning point in the path of strengthening these relations, as it contributed to advancing them towards broader fields, driven by a sincere political will that reflects the depth of the fraternal ties between the leaderships of the two countries.

Thus, the relations between Egypt and Algeria are considered a model to be emulated in the Arab world, as they are relations based on integration and common understanding.

The Algerian ambassador to Cairo noted that the comprehensive renaissance and tangible development leaps that Algeria is witnessing today; The country recorded economic growth of nearly 4% over the past year, while the value of non-oil exports exceeded $5 billion in 2023.

He added, “What has been achieved is the result of a clear vision established by the President of the Algerian Republic, Abdelmadjid Tebboune, a vision that aims to improve the quality of life and consolidate sustainable development. The Algerian economy has continued in recent years to achieve steady growth, driven by policies to diversify sources of income, expand the industrial base, support manufacturing industries and renewable energy, and encourage exports outside the hydrocarbons sector.”