ALGERIA TO HOLD AFRICA ECONOMIC FORUM DEC 3-5

ALGIERS, -- The Algeria-Africa Economic Forum will be held from Dec 3 to 5 in Algiers, says Minister of State and Minister of Foreign Affairs and International Co-operation Ramtane Lamamra.

He said this at a media conference he jointly held here Monday with Minister of Industry and Mines Abdessalam Bouchouareb and Minister of Trade Bakheti Belaib and the President of the Business Managers Forum (FCE), Ali Haddad, following a meeting dedicated to the preparations for the meeting.

The meeting, which will see the participation of several African countries, had been adjourned because of domestic and external conditions, explained Bouchouareb.

"The organization of this forum is part of Algeria's policy in Africa, led by President of the Republic Abdelaziz Bouteflika, aiming at strengthening its position in the continent and contributing to its integration, notably in the economic field," Lamamra said.

"African countries remain attached to Algeria, which has enormous potentialities to conquer this vast market on the commercial side but also in terms of investment."

The meeting will bring together, for the first time, businessmen from several countries of the continent, to explore new opportunities for economic partnerships, especially in the industrial sector.

It is also part of Algeria's new economic model of growth, which banks on the economic diversification by reducing the country's dependency on hydrocarbons, said Lamamra.

Source: Name News Network