Economy

Zeghdar receives ambassadors of Bangladesh and Brazil in Algeria

The Minister of Industry, Ahmed Zeghdar received, Thursday in Algiers, the ambassadors of Brazil and Bangladesh in Algiers, respectively MM. Flavio Marega and Muhammad Zulqar Nain, with whom he reviewed the ways and means of consolidating economic cooperation, particularly in the industrial sector, said a press release from the ministry.

Receiving the Brazilian ambassador, Mr. Zeghdar spoke of the good relations uniting Algeria and Brazil, the economic capacities of the two countries, as well as the opportunities for bilateral cooperation and partnership, particularly in the industrial sector, such as agri-food, mechanical, pharmaceutical and leather industries, specifies the same source.

In this context, Mr. Zeghdar invited Brazilian companies to “seize the investment opportunities offered by the Algerian market and to materialize investment and mutually beneficial partnerships”.

The Brazilian ambassador, for his part, expressed “his country’s desire to consolidate cooperation and partnership with Algeria”.

The two parties also agreed to organize forums and business meetings bringing together investors and businessmen from the two countries, with a view to consolidating communication and examining possible bilateral partnership opportunities.

Mr. Zeghdar also received the Ambassador of the Republic of Bangladesh in Algiers, Muhammad Zulqar Nain, with whom he discussed the ways and means of consolidating economic cooperation between the two countries, through the realization of several joint projects in the areas of the agri-food industry, the manufacture of fertilizers and aquaculture, reads the press release from the ministry.

On this occasion, Mr. Zeghdar welcomed all forms of cooperation and partnership between the two parties, assuring that Bangladeshi investors will benefit from the essential support for the realization of their projects in Algeria.

For his part, the Ambassador of the Republic of Bangladesh expressed the willingness of companies in his country to invest in Algeria, which is considered “the gateway to the African market”, adds the same source.

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