Algeria-Qatar Business Meeting By End of 2016

A meeting between Algerian and Qatari businessmen will be held in Algiers by the end of 2016, on the sidelines of the 6th session of Algeria-Qatar High Joint Commission, announced Wednesday in Doha Minister of Industry and Mining Abdesselam Bouchouareb.

In a statement to the press at the end of his discussions with Vice Chairman the Qatari Chamber of Commerce and Industry, Muhammad bin Ahmed bin Towar Al Kuwari, the minister said that the two sides examined bilateral relations, underlining the need for more meetings between investors of both countries in order to boost economic cooperation.

Bouchouareb added that they have agreed to hold a meeting between Algerian and Qatari businessmen by the end of current year, on the sidelines of the High Joint Commission.

The business meeting will be an opportunity to encourage partnerships between businessmen of the two countries, he said.

The participants will also examine investment opportunities in various areas in Algeria and future mutually beneficial projects, especially in the fields of chemical and pharmaceutical industries, Bouchouareb told APS.

He added that officials of the economic and trading sectors, businessmen and representatives of employers’ organizations, as well as Algerian public and private investors will head for Qatar in September to examine and identify, with their Qatari counterparts, cooperation areas ahead of Algiers business meeting.

For his part, Al Kuwari said that his discussions with Industry minister marked the beginning of a continuous work with investors of the two countries, adding that the Qatari Chamber of Commerce and Industry “encourages Qatari businessmen and investors to explore investment opportunities in the Algerian market,” which he dubbed “promising.”

The Qatari official announced the holding of a series of meetings between officials and businessmen of the two countries to examine investment opportunities and identify cooperation areas.

The fifth Algerian-Qatari High Joint Commission, held in Doha in 2014, culminated in the signing of thirteen agreements, memorandums of understanding and executive programmes in various fields, including tourism, sports and higher education.

Minister of Industry and Mining Abdesselam Bouchouareb is on a visit to Doha since Tuesday, at the invitation of Qatari minister of Energy and Industry.

The visit aims at strengthening economic cooperation and partnership between the two countries, assessing joint projects and examining prospects for the development of cooperation.

Credit: All Africa