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Algeria And China Eye Further Industry Cooperation

Algeria and China on Sunday signed a framework cooperation agreement to boost industry cooperation between the two countries.

The agreement was inked by Algerian Industry Minister Abdeslam Bouchouareb and visiting Chinese Vice Commerce Minister Qian Keming.

The deal will establish a solid partnership with China in several industry sectors, including engineering, railways, household appliances, oil industry, infrastructure and renewable energy, Bouchouareb told reporters on the sidelines of the signing ceremony.

For his part, the Chinese official deemed Algeria as “one of the most attractive nations in Africa,” saying China is looking forward to further developing its partnership with Algeria.

“This agreement will provide this opportunity,” he said.

Algerian-Chinese relations were given a new impetus thanks to the comprehensive strategic partnership established in 2014.The two sides reviewed the state of the Chinese-Algerian relations in the sector of tourism and ways to strengthen them through the forthcoming signing of the bilateral legal instrument in tourism,intensifying human exchanges and increasing training sessions for professionals and tourism players in the two countries.

According to Algerian Customs figures, China is the largest commercial supplier of Algeria in 2015, with 8.22 billion U.S. dollars out of a total of 51.5 billion dollars import bill of this North African nation.

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