The Minister of Trade and Export Promotion, Kamel Rezik, said on Wednesday in Algiers that several partnership agreements have been concluded between Algerian economic operators and their American counterparts, noting that the agreements concern several priority sectors, most notably agriculture, reclamation and industry.
In a joint press conference with the US ambassador to Algeria, Elizabeth Moore Aubin, organized on the sidelines of the 53rd edition of the Algiers International Fair, the minister said that on Wednesday, several agreements were concluded between Algerian dealers and their American counterparts, which will be implemented in the field. In several priority sectors, most notably agriculture, reclamation, industry and railways, which “give the utmost importance to investments that achieve food security.”
In this regard, the establishment of the Algerian-American joint project for the production of animal feed was signed between “Agro-Plus Algeria” and the American company “Agri International L.L.C” for the production of agricultural fodder on an area of 3,300 hectares in the Wilayat of Manea using proven American methods and advanced technologies. In the cultivation, fertilization, harvesting and storage of grain and the manufacture of animal feed, the project aims to reduce imports of grain and feed products.
A partnership was also signed between the Algerian “Suakri” complex and the global health services network “GSN” of America, to implement a health project in the key (Blida) consisting of a hospital and a paramedical school, where this project will save Algeria, the costs of transfers. medical abroad.
A partnership agreement was also signed between the Algerian limited liability company “Sycamd” and the American company “Canopis” to set up a project using UVC-LED technology to purify water with ultraviolet rays and for health care at the level of residential and commercial facilities.
On the other hand, a partnership agreement was signed between the Algerian company “Iris Industrial” and an American company to establish a joint venture to establish an Algerian-American company “MC. Hull Iris Energy” in the field of solar energy, hybrid energy solutions, testing and consulting.
In this regard, Mr. Rezik stressed that “all kinds of investments are welcome in Algeria, but there is a priority in investments that has been identified, especially with regard to investments that will create jobs and achieve food security for the country.”
In response to a question regarding the establishment of a direct air line between Algeria and New York, Rezik said, “The decision was taken by the President of the Republic to implement it before the end of the current year,” noting that the Algerian authorities and the authorities of the United States of America are currently working to implement this decision. For her part, the ambassador of the United States of America in Algeria confirmed that her country was “fully” informed of the priorities set by the President of the Republic, Abdelmadjid Tebboune, noting that “work was done during the exhibition to attract companies active in the agricultural field, agricultural equipment and grains.”
Aubin added that “the bilateral relations that bind us (Algeria and America) are very strong, and we want to strengthen them in the economic field and in the field of promoting English language education in Algeria.” The ambassador stated that her country will contribute to achieving the President’s vision for the year 2022 as an economic year through a number of agreements and announcements.
When addressing the outcomes of the seventh round of talks on a framework agreement for Algerian-American trade and investment, the ambassador stressed, “the consensus between the two countries on the issue of exporting more Algerian agricultural products to the United States of America,” noting that “access to American markets is a strict and delicate process, but the benefits The potential is huge once this process is complete.”
According to Auben, Algeria is “one of the largest and most important economic markets in the region and a gateway to the Maghreb and the Sahel, and it is characterized by young people with good education, multilingual, and hardworking”, which makes American companies, according to her, “keen” to make investments and incomes. Algerian market in all sectors. Aubin also encouraged Algerian companies to visit the US pavilion, which includes about 40 American companies in the fields of consumer products, aviation, defense, electric power, agriculture, health care, advanced technology and fuels.
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