The Minister of Industry, Ahmed Zagdar, received today, Sunday, at the Ministry’s headquarters, the Deputy Minister of Industry and Trade of the Russian Federation, Mr. Vasily Usmakov, who is on a working visit to Algeria.
During this meeting, the two sides discussed the economic relations between Algeria and Russia, as they affirmed the will of the two countries to strengthen them, especially in the industrial field.
In this regard, the two officials touched on industrial fields and branches that constitute opportunities for fruitful bilateral cooperation and partnership, such as the mechanical industries, pharmaceutical industries, and railway-related industries.
In this context, Zaghdar gave a glimpse of the new legislative system framing investment in Algeria and the privileges and incentives it provides for the establishment of local and foreign investments. For his part, Usmakov expressed the interest of many of his country’s institutions in embodying fruitful partnerships in Algeria.
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