Vietnam and Algeria promote economic and trade cooperation

Tuesday, 26/10/2021 16:26
In order to strengthen economic, trade and investment cooperation relations with Algeria's localities, a delegation of the Vietnamese Embassy in Algeria led by Ambassador Nguyen Thanh Vinh paid a working visit to Constantine province on October 20-21.

Exhibition on General Vo Nguyen Giap held in Algeria

Ambassador Nguyen Thanh Vinh (R) and Governor Messaoud Djari (Photo: VNA)

Constantine province is the third largest economic center of Algeria, nearly 500km southeast of the capital Algiers, with strengths in tourism, farming, animal husbandry and the pharmaceutical industry.

According to the Vietnam News Agency correspondent in Algiers, within the framework of this working visit, the delegation had a working session with Governor of Constantine province Messaoud Djari.

At the meeting, Ambassador Nguyen Thanh Vinh congratulated Mr. Djari on the occasion of his appointment as Governor of Constantine province, and emphasized the good traditional friendship and similarities between Vietnam and Algeria. It is the foundation and driving force for the development of relations between the two countries.

According to Ambassador Nguyen Thanh Vinh, Algeria is one of Vietnam's leading partners in Africa, and the two countries are now promoting relations in many fields such as politics, economy, trade, investment and labor export.

On this occasion, the Ambassador also expressed his impression of Constantine’s great potential and affirmed that the Embassy is ready to act as a bridge between the province's businesses and those of Vietnam.

For his part, Governor Djari highly appreciated the Ambassador's visit to Constantine and affirmed his willingness to coordinate with the Vietnamese side to develop areas of mutual interest.

At the meeting, he also shared about the economic development strategy of Algeria in general and Constantine in particular, emphasizing that economic recovery is the current top priority, towards a diversified economy, reducing dependence on oil.

According to Mr. Djari, Constantine province has strengths and potential in tourism, agriculture and the pharmaceutical industry, so he suggested that the two sides can cooperate in these fields.

On this occasion, the Vietnamese Ambassador and Governor Djari expressed their joy that 2022 will mark important events of both countries: the 60th anniversary of Algeria's independence and the 60th anniversary of the establishment of Vietnam-Algeria diplomatic relations.

During this visit, the Ambassador had a meeting with President of Constantine’s Chamber of Commerce and Industry Souici Larbi. The two sides introduced the economic situation and potential of each other, discussed measures to promote bilateral cooperation in various fields, especially in economy and trade to exploit the strengths and bring economic relations to match the good political-diplomatic relations between the two countries.

Mr. Larbi emphasized that the pharmaceutical industry, agriculture and construction are the focus of Constantine's development. The province has been building many industrial parks to more effectively exploit the potential of the province.

Mr. Larbi also highly appreciated Vietnam's development achievements, and expressed his wish that Vietnam would share experiences in socio-economic development with Algeria in general and Constantine in particular. The meeting was also attended by leaders of a number of large businesses operating in Constantine.

Ambassador Nguyen Thanh Vinh also attended the opening ceremony of "Bati-Est-Expo 2021" on real estate, construction and public works in Eastern Algeria. This is the 4th time the fair has been held in Constantine, attracting the participation of hundreds of businesses operating in the field of construction and real estate.

The Ambassador and the honored guests cut the ribbon to open the fair, visited the booths introducing products of businesses.

In addition, the Embassy's delegation also contacted and discussed with Algerian businesses about the cooperation possibilities between the two sides, as well as provided and introduced the Handbook of prestigious Vietnamese enterprises in the fields./.

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