
Today, Sunday, in Algiers, a memorandum of cooperation was signed between the Algerian Agency for the Promotion of Investment and the Supreme Council for Language ArabicIt relates to the launch of the project to prepare a unified national blog for technical and organizational terms related to investment.
The signing took place, at the headquarters of an investment agency, by the Agency Director General, Omar Rakash, and Chairman of the Supreme Council of the Arabic Language, Saleh BelaidIn the presence of tires from the two bodies and representatives of institutions and departments concerned with the field of investment.
This blog that will be issued in three languages (Arabic, English and French) aims, according to the explanations provided by the way, to unification Technical terms The legal use in the field of investment, and the enhancement of the use of the Arabic language in this field in an accurate scientific way, with the construction of an official linguistic and institutional reference on which various sectors depend when preparing legal texts.
It also seeks to support the attractiveness of an investment climate in Algeria by providing a clear linguistic and conceptual framework that is in line with International standards
By the way, a working group charged with preparing this blog was installed, which includes a team of the Supreme Council of Arabic language consisting of translators and researchers, along with a team from the Algerian investment upgrade agency representing various components Uniform For investment, such as customs, taxes, environment, housing, trade and others.
In a speech to him during the signing ceremony, a president confirmed The Supreme Council of Arabic LanguageSaleh Belaid, that his form will watch over the preparation of a “distinguished” blog based on all available dictionaries and evidence, indicating that it will be released soon in a paper version, followed by a portable digital version.
He added that this work falls within the basic tasks of the council, which is to support the prosperity of the Arabic language and expand its use in daily life, especially in the financial and economic fields, in a way that enhances linguistic citizenship.
Mr. Belaid stressed that the identification of concepts is a “national task”, so that the rights of the citizen are not lost due to the multiplicity of definitions, stressing that such blogs contribute to unifying concepts according to the internationally approved standards.
For his part, the Director General of the Algerian Agency for the Promotion of Investment considered, in a statement to the press, that “many conflicts related to investment are caused by the failure to understand the terms related to legal procedures”, praising this initiative, which “will contribute to clarifying the vision within the agency and all departments concerned with the field of investment, which would improve the investment climate in the country.”
Mr. Rakash explained that this blog will not be limited to collecting terms in one document, but rather will control the concepts of the same The legal character The economic and administrative, in a way that facilitates administrative procedures for investors, explains the mechanisms to benefit from the facilities granted by the state, and simplifies understanding the various stages of the investment process.
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