2023-10-11 11:03:30
The 22e session of the Grand Tunisian-Algerian Joint Cooperation Commission, which was held last week in Algeria, gave new impetus to economic and commercial cooperation once morest the backdrop of historic brotherly ties between the two neighboring countries. This prospect of seeing Tunisian-Algerian cooperation reach a new milestone is all the more plausible given the new dynamic of cooperation visible in recent years. An unprecedented dynamic of interactions and exchanges between the two countries over the past three years, during which Presidents Kaïs Saïed and Abdelmadjid Tebboune have given Tunisian-Algerian relations a strategic dimension.
This meeting will mark a new start for the bilateral partnership in different areas. Knowing that the number of Tunisian investment projects, direct and via partnerships, registered in Algeria, reached 42, of which 38 were implemented in the sectors of agriculture, construction and services, worth 14 billion Algerian dinars.
The two countries now enjoy “great capacities allowing them to achieve real economic take-off”. Moreover, this meeting ended with the signing of 26 conventions between Algeria and Tunisia covering several sectors and “the adoption of a road map for the monitoring of bilateral cooperation according to a timetable defined for each sector”. A roadmap including deadlines and priorities for bilateral cooperation and joint projects.
Algeria remains Tunisia’s largest economic partner in Africa and the Arab world, while trade between the two countries has increased in 7 months, excluding hydrocarbons, by 54%.
Should we recall that the accession of Algeria and Tunisia to the African Continental Free Trade Area (Zlecaf), which should increase Africa’s overall income by 7% and African exports by $560 billion , particularly in the industrial sector, offered promising prospects for joint investment and exports to African states.
The primary objective for the two neighboring countries is to reach the level of a strategic partnership, in view of the international changes underway. The head of government Ahmed Hachani called, to this end, to accelerate the establishment of a joint working group responsible for examining the update of the preferential trade agreement, expressing his wish to see this working group hold a technical meeting to examine the creation of a free zone along the border strip between the two countries.
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