The pinnacle of the Algerian Financial Renewal Council praises the Russian-Algerian cooperation relations

The pinnacle of the Algerian Financial Renewal Council praises the Russian-Algerian cooperation relations

Russia – Chairman of the Algerian Financial Renewal Council, Kamal Mola, praised the Russian-Algerian cooperation relations, and confused the curiosity of the Algerian facet in strengthening and creating cooperation in numerous fields.

The pinnacle of the Algerian Financial Renewal Council stated in a particular assertion to the “RT” channel that, throughout his participation within the Petersburg Worldwide Financial Discussion board, he mentioned with Russian officers cooperation between the 2 nations and the variety of transactions was evaluated, which recorded a rise of two%, indicating that this quantity stays inadequate, Methods to double this quantity within the brief and long run had been mentioned.

He added, “Greater than 7,300 firms are presently in Algeria, together with overseas firms, and we search to realize main financial alternate with Russia and double transaction numbers.”

He stated that Algerian firms search cooperation with Russian businessmen and industrialists, given their nice capabilities and effectivity in administration.

He defined that Algeria is desirous regarding having Russian firms strongly current in Algeria, particularly since Algeria enjoys an essential strategic location that enables it to be a gateway to Europe and Africa.

He identified that Russian firms have nice expertise within the subject of vitality and the objective now’s to create manufacturing industries and never simply export uncooked supplies.

9 Arab nations are collaborating within the actions of the Petersburg Worldwide Financial Discussion board, whereas the Sultanate of Oman is collaborating as a visitor of honor for the primary time within the historical past of the discussion board.

The discussion board continues its work with the participation of delegations from 139 Arab, African, Asian, European and Americas nations.

Supply: RT

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2024-06-11 07:37:52

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