26 Days
Source:
النهار أونلاين
Rezig: Algeria Aims to Expand Cooperation with Germany
The Minister of External Trade and Export Promotion, Kamal Rizzig, confirmed that the Algerian-German Economic Forum reflects the two countries' desire to strengthen economic cooperation into a strategic partnership that includes investment, technology transfer, and the establishment of productive projects with mutual benefits. During the official visit of the President of the Republic to Germany, Rizzig pointed out that relations between Algeria and Germany are developing dynamically thanks to high-level directives, with a focus on harnessing significant potential and transforming it into tangible projects that support economic development. He noted that trade exchanges for 2025 reached $3 billion, compared to $1.74 billion in 2024, with Germany ranking ninth as a trading partner and fourth as a main supplier to Algeria. Additionally, Algeria expressed its desire to expand cooperation to include sectors such as renewable energy, industry, smart agriculture, and technology, aiming to transfer technology, develop skills, and strengthen the national production base.
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