January 22, 2023 | 2 weeks ago

Algeria-Mauritania: Seven agreements signed between economic companies of the two countries

ALGIERS - Minister of Trade and Export Promotion, Kamel Rezig reported on Saturday the signing of seven (7) agreements in different sectors between Algerian and Mauritanian companies, in the framework of the Algerian-Mauritanian business forum organized outside the Algerian production fair in Nouakchott.

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In a statement to the press, Mr. Rezig said that "seven agreements were signed, on the occasion of the Algerian production fair opened last Thursday in Nouakchott, and the Algerian-Mauritanian economic forum organized on Saturday, outside this event", adding that "the agreements in question were signed for very large amounts (...) in millions of dollars" between Algerian and Mauritanian companies.

These agreements cover different sectors such as "cement, batteries, windows and doors and food products", according to Mr. Rezig.

Emphasizing the quality of participation and the diversity of channels (between 20 and 25 activities) at the event, the minister said that "the agreements signed today represent only a start, as there are ongoing discussions between the two parties in all sectors".

The Minister stressed that this fair, which intervenes in application of the directives of the President of the Republic to access African markets through the organization of exhibitions of national production, "is very successful and of great interest on the part of Mauritanians", announcing that the next Algerian Production Fair will be organized next week in Sudan.

January 22, 2023 | algeria-logo