Algiers, May 07 (QNA) – Sheikh Khalifa bin Jassim Al-Thani, Chairman of the Qatar Chamber of Commerce and Industry, praised the strong fraternal relations between the State of Qatar and the People’s Democratic Republic of Algeria, and praised the strong fraternal relations between the State of Qatar and the People’s Democratic Republic of Algeria. , with particular reference to mutual cooperation in international cooperation. Thanks to the wise direction of the leaders of our two brotherly countries, trade and investment are proceeding smoothly.
This took place during the visit of the Chairman of the Qatar Chamber of Commerce and Industry to the People’s Democratic Republic of Algeria, which included a series of meetings with several Algerian officials.
The visit aimed to strengthen commercial and economic ties between the private sectors of Qatar and Algeria, with a focus on increasing Qatar’s industrial investment in Algeria and attracting Algerian investments to Qatar.
His Excellency, President of the Qatar Chamber of Commerce and Industry, met with the Chief of Staff of the Algerian People’s Armed Forces, Lieutenant General Saeed Chengriha, the Algerian Minister of Industry and Pharmaceutical Production, His Excellency Ali Aoun, the Algerian Minister of Trade and Export Promotion, His Excellency Tayeb Jitouni, and the Governor. Salah Eddin Taleb of the Bank of Algeria.
In separate talks, the QC Chairman and the Chief of Staff of the People’s Armed Forces discussed measures to strengthen cooperation between the two countries’ private sectors in the industrial field.
In addition, the QC Chairman and the Algerian Minister of Industry and Pharmaceutical Production discussed ways to strengthen cooperation and partnership relations between the two countries, especially in the industrial sector.
They also considered the industrial experience of both countries and opportunities for cooperation in manufacturing, particularly in the food sector.
The Algerian Minister, in turn, urged Qatari businessmen to invest in industrial projects in Algeria, stressing the importance of cooperation between the two countries in establishing a partnership that will benefit the economies of both brotherly nations. did.
Meanwhile, the QC Chairman and Minister of Trade and Export Promotion of Algeria considered ways to strengthen trade cooperation between the two countries and emphasized the role of the private sector in stimulating mutual investment and increasing the level of trade exchanges.
The QC Chairman and Governor of the Bank of Algeria focused on strengthening cooperation between the two countries in the financial, banking and insurance sectors.
On this occasion, the QC Chairman praised the close ties between Qatar and Algeria as directed by the wise leaders of both countries, noting their cooperation in various fields, especially in the commercial and investment fields.
He emphasized that Qatari business owners are keen to explore opportunities in Algeria, especially in the industrial sector. He also stressed that the Qatar Chamber of Commerce and Industry is keen to strengthen relations with the Algerian side by forging commercial alliances and partnerships, whether in Qatar or Algeria.
He said the trade value between the two countries reached Rs 297 million last year, representing an increase of 36% compared to Rs 218 million in 2022.
(QNA)
