{"id":99550,"date":"2024-02-23T15:57:07","date_gmt":"2024-02-23T14:57:07","guid":{"rendered":"https:\/\/jazairhope.org\/?p=99550"},"modified":"2024-02-23T15:57:07","modified_gmt":"2024-02-23T14:57:07","slug":"algeria-and-mauritania-open-border-gate-to-boost-trade","status":"publish","type":"post","link":"https:\/\/jazairhope.org\/en\/algeria-and-mauritania-open-border-gate-to-boost-trade\/","title":{"rendered":"Algeria and Mauritania open border gate to boost trade"},"content":{"rendered":"
TINDOUF, Algeria, Feb 22 (Reuters) – The presidents of Algeria and Mauritania opened on Thursday a gate at the border of the two north African countries to strengthen bilateral ties and boost trade.\u00a0The leaders have also agreed to set up a free trade zone and build a 847 kilometre (526 mile) road that will link the Algerian town of Tindouf to Mauritania’s Ezouirat.<\/div>\n
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“Hotels, restaurants, taxi drivers and workers in the public sector and housing sectors are happy,” Dida Abdewahab, a Tindouf resident, told Reuters.<\/div>\n<\/blockquote>\n
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The agreement comes a few days after OPEC member Algeria announced it would invest $442 million in energy projects in Mali, Niger and Libya. Algeria has also announced it will open four other free trade zones in 2024 with Mali, Niger, Tunisia and Libya.<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n
Algeria, heavily dependent on oil and gas sales, is striving to diversify its economy.<\/div>\n
Its exports outside hydrocarbons reached a record of $7 billion in 2022, and totalled $5.3 billion in the first 11 months of 2023, according to official figures.\u00a0Algeria has a trade surplus in ceramics, clinker cement, ferrous products, refined sugar, and dates.<\/div>\n
\u201cThis should have happened a long time ago but there was not enough diplomatic attention given to Mauritania,\u201d Geoff Porter, an American analyst specialized in North Africa, told Reuters.<\/div>\n
<\/div>\n

Source :\u00a0 https:\/\/www.reuters.com\/world\/africa\/algeria-mauritania-open-border-gate-boost-trade-2024-02-22\/<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

TINDOUF, Algeria, Feb 22 (Reuters) – The presidents of Algeria and Mauritania opened on Thursday a gate at the border of the…<\/p>\n","protected":false},"author":50,"featured_media":99551,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[12,4,11],"tags":[],"class_list":["post-99550","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","category-featured-articles","category-politics"],"yoast_head":"\nAlgeria and Mauritania open border gate to boost trade - AAH.JZR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/jazairhope.org\/en\/algeria-and-mauritania-open-border-gate-to-boost-trade\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Algeria and Mauritania open border gate to boost trade - 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