Economic collaboration between Egypt and Algeria is experiencing a significant upswing, with high-level directives aiming to increase bilateral trade volume to 5 billion U.S. dollars. This target was emphasized during recent discussions held under the ninth session of the Algerian-Egyptian Joint Supreme Committee, highlighting a shared commitment to deepening economic ties. Officials from both nations underscored the importance of leveraging their strategic partnership to expand commercial exchanges and joint investments across key sectors. The move reflects broader efforts to strengthen regional integration and enhance mutual economic resilience in North Africa.
Discussions also focused on facilitating private sector engagement and improving the investment climate to attract more cross-border ventures. Both governments are encouraging business communities to explore new opportunities in infrastructure, energy, and agro-industries. The momentum gained during these talks signals a renewed drive toward achieving substantial growth in trade figures, building on existing frameworks such as the African Continental Free Trade Area (AfCFTA), which enables preferential access for goods exchanged between African nations.
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