Algerian president urges review of EU partnership

Algerian President Abdelmadjid Tebboune emphasized the importance of revising the partnership agreement with the European Union, especially in light of diversifying the national economy and developing sectors such as cement, agriculture, and food industries. He explained that the agreement, signed in 2005 when Algeria was heavily dependent on oil exports, needs to consider the new capacities of the economy following the development of local production; for example, cement production has exceeded 40 million tons, compared to just 3 million tons in 2016. He also stressed the necessity for the European market to be more open to high-quality Algerian products, such as building materials and agricultural products, noting that Algerian demand has received positive responses from European countries, most notably Italy.

Size: 120%Text Size

Notice: This Is an AI-Generated Summary

Display The Full Article