26 Days
Source:
AL24 News
Algerian-German Economic Forum Concludes with 31 Agreements and Memoranda of Understanding
The article focused on the Algerian-German Economic Forum held on the sidelines of Algerian President Abdelmadjid Tebboune's visit to Germany. During the forum, 31 agreements and memoranda of understanding were signed to strengthen economic cooperation between the two countries. These agreements covered vital sectors such as energy, with Sonatrach expecting to renew its gas export contract and increase the quantities supplied to the German market. They also included the localization of electrical component manufacturing for green hydrogen production in partnership with Bosch. Additionally, the agreements aimed to develop digital solutions, produce elevators, manufacture batteries, and expand cooperation in transportation, healthcare, the pharmaceutical industry, and tourism. These partnerships are intended to enhance economic relations and establish a strategic alliance between Algeria and Germany.
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