
A delegation of British businessmen is expected to pay visit to Algeria in next November so to promote the Algerian-UK economic partnership, Algerian embassy in London said.
In preparation of this mission organized by the UK-Algerian Business Council, a meeting attended by the delegates of some 50 British companies was held past Wednesday at the Algerian embassy in order to give them an outline on the Algerian market’s potentials.
During the meeting, Algerian ambassador to London Amar Abba, and Lord Risby, the British PM's Economic Partnership Envoy for Algeria welcomed the "rapid and strong evolution" of the bilateral economic relations in many areas in recent years.
Indeed, the Algerian diplomat stressed that trade between the two countries rose 280%, from USD$ 1.6 billion in 2010 to $ 6.7 billion in 2013, "perfectly illustrates the significant rise recorded in bilateral relations."
Other source of satisfaction mentioned by the Algerian ambassador is the variety of the economic relations and the more and more remarked presence of the British operators in the Algerian market.
While noting the predominance of the oil industries in the bilateral relations, he, however, underlined that cooperation in promising industries such as pharmaceuticals, education, public health, finances and even agriculture and space industry is enhanced further.
So, Abba and Lord Risby have affirmed to the British traders that this "significant development" in bilateral relations reflected both governments’ commitment to boost the cooperation and to establish a "strategic partnership."
Lord Risby, who paid several visits to Algeria since being named in October 2012 as the British PM's Economic Partnership Envoy for Algeria encouraged the UK businessmen to go to Algeria and profit from the various opportunities available.
Speaking to the British businessmen attending the meeting, he underlined the significant improvement of business climate in Algeria and the rapidity with which the Algerian authorities iron out difficulties that arise during the discussions on the draft partnership agreements.
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:56 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 14:11 2018 Thursday ,08 November
Greek minister, Russian ambassador discuss possible investment projectsGMT 13:42 2018 Wednesday ,07 November
PM says Russian-Chinese trade turnover may reach $200 blnGMT 11:15 2018 Wednesday ,07 November
Top U.S. diplomat visits Pakistan to discuss economic cooperationGMT 13:53 2018 Thursday ,01 November
Alrosa to sell 127 large gem-quality rough diamonds at an auction in IsraelGMT 10:59 2018 Tuesday ,30 October
Trade turnover between Russia and Japan grows by over 17% in 2018Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor