ALGERIA, TUNISIA AGREE TO ESTABLISH COMMON MARKET
ALGIERS, — Algerian Trade Minister Bakhti Belaib and his Tunisian counterpart, Mohsen Hassan, have agreed for the two neighbouring countries to establish a common market in order to promote their products abroad, mainly in the African market, as part of their economic partnership.
Under the agreement reached here Monday, both countries will work to strengthen their trade and economic relations, which currently do not reflect the level of bilateral political ties, through the establishment of partnerships to enter the wider African market, stressed Belaib.
Speaking after the 4th meeting of the Algerian-Tunisian committee in charge of monitoring trade exchanges here, he added that Algeria was working towards the creation of a free-trade area to strengthen co-operation with Tunisia and promote both countries’ products.
Highlighting the deep political ties and the development of security and counter-terrorism co-ordination between Algeria and Tunisia, Hassan deplored the fact that economic relations were not that strong.
“We work for a genuine partnership with Algeria to develop mutual investments and to enter foreign markets, mainly in Africa,” he affirmed.
For Hassan, strengthening co-operation depended on co-ordination in economic diplomacy to join major African economic groups and draw views closer between the two countries.
At the meeting of the committee, both ministers discussed obstacles hindering the development of trade exchanges between the two countries, and affirmed their agreement to tackle them so as to establish a real partnership.
Source: Name News Network