Egypt and Algeria Pursue Deeper Economic Partnerships
1 report, 1 independent
Updated Sun 22:45
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What happened
Egypt's Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates, Badr Abdelatty, affirmed that Egypt is working to develop and deepen economic partnerships with Algeria. This drive comes in light of the political relations between the two countries.
From aps.dz
Why it matters
The announcement signals a diplomatic push toward increased economic cooperation between Egypt and Algeria. While the details of the partnerships were not provided, such initiatives often lead to increased bilateral trade and investment flows.
From aps.dz
Who's involved
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Related events
- High-level economic meetings were held in Egypt today.
- Egypt is actively seeking to expand its companies' presence and strengthen its economic footprint across the African continent.
- Algeria and Egypt are competing in the African economy, with Algeria noted for its large territory and fourth-largest economy.
- South Africa and Algeria sought to grow trade and build partnerships within Africa in 2016.
- Egypt, Algeria, and Cairo host ministerial meetings to support a settlement push in Libya and strengthen trade ties.