Algeria, Libya agree to lift obstacles in order to boost cooperation

APS : Tuesday, 28 January 2020
ALGIERS-Trade Minister Kamel Rezig on Tuesday said that the Algerian government would work to remove all obstacles in order to boost bilateral cooperation and economic partnership in various areas.
“The Government is determined to remove all obstacles in order to promote trade between Algeria and Libya under a free trade area,” said Rezig in a speech he delivered at the Algeria-Libyan business forum held today in Algiers by the Algerian Chamber of Trade and Industry (CACI).
The minister announced the organization of permanent economic fairs of Algerian products in eastern border provinces, like El Oued and Illizi, to showcase domestic production and to allow both countries’ operators to discuss trade and economic partnerships.
These measures are part of “an Algerian strategy aimed at boosting cooperation ties between the two countries.”
Rezig underlined the importance the Algerian government attached to trade and economic relations between the two countries.
The minister also announced the reactivation of Algeria-Libya Business Council’s role.
The Algerian-Libyan Business Forum held today “is an opportunity to discuss the means likely to encourage trade and economic exchanges so as to raise them to political and historical relations.”
In this wake, Rezig called on Algerian businessmen to promote the Algerian product on the Libyan market and to invest with our Libyan brothers, through joint projects based on the “win-win” principle.
The minister said that his presence as well as that of the Deputy Minister in charge of Foreign Trade Alissa Bekai at the forum’s proceedings demonstrated “the solidity of the relations linking the two countries.”
All Algerian products will be available to the Libyan brothers, he said.

Let's talk

If you want to get a free consultation without any obligations, fill in the form below and we'll get in touch with you.