This is the “BRICS” entry visa….Algeria’s accession negotiations will soon – Al-Hiwar Al-Jazaeryia

It is expected that negotiations to expand the “BRICS” organization will start during the next few months, in preparation for the summit that will be held next August, chaired by South Africa, which took over, yesterday, Sunday, the duties of chairing the group from China, which includes Brazil, Russia, India, China and South Africa.

And according to what the “TASS” agency quoted, quoting diplomatic sources in the capital of South Africa, negotiations on the possible expansion of the “BRICS” will be held in the coming months, and Algeria, Argentina and Iran have applied to join the “BRICS”, while Saudi Arabia, Turkey and Egypt have announced their interest in membership in this group. .

In the context, the economist, Ishaq Kharshi, confirms that the volume of the gross domestic product (PIB) and the growth rate in percent represent the entry visa to the “BRICS” despite the importance of the non-hydrocarbon exports index and the trade balance index, but the most important thing in 2023, according to Isaac Kharshi’s clarifications, is the volume of domestic product. Crude PIB and growth rate % to enter this organization, and so that their social impact is actually tangible and improves the standard of living of the citizen.

The economist, Isaac Kharchi, explains to Al-Hiwar website the mechanisms for entering the BRICS, which are mainly represented in the index of gross domestic product and the growth rate index. And the total production of enterprises in all sectors, which must reach at least 200 billion dollars during 2023, as the value of what Algeria produces in terms of goods and services is currently estimated at 168 billion dollars, a number that is very far from the weakest country in the “BRICS”, which is South Africa, which has an output The internal raw materials have 400 billion dollars, while in China it reaches 14 thousand billion dollars.

And in the context, Kharshi asserts, “We need to work more on this axis,” by continuing the experience of the Mediator of the Republic in lifting obstacles to investment projects in the industrial sector through the duality of the Mediator of the Republic, the Minister of Industry, and the same in the agricultural and tourism sectors, and the source indicated that this equation was The Prime Minister spoke about it a year ago, but it was only embodied in the industrial sector, stressing the need to continue fighting bureaucracy and simplifying procedures through the decisions of the Councils of Ministers, and he said, “We are waiting for new decisions in the upcoming councils so that there is no obstruction to the functioning of institutions and industrial complexes to provide industrial production in quantities.” big .

The economist stresses the importance and necessity of activating economic diplomacy, and although it is the price of appointing an envoy in charge of economic diplomacy and developing a good investment law, it is not sufficient according to him, as “challenges and reality require us to think of a stand-alone ministry of economic diplomacy that takes care of attracting investments, for example mechanical industries Which he said about requires major negotiation processes that the Minister of Industry alone or the Minister of Foreign Affairs cannot manage because they have other priority files. And in the context, Isaac Kharchi infers the ability of the mechanical industry sector to provide a lot for the raw internal product, as the value of the automotive industry market in Algeria ranges between 10 to 15 billion dollars, which requires a ministry of economic diplomacy to negotiate cars and renewable energies and invest in them, which requires advanced technology owned by it. America, Germany, and even Algeria’s economic partners, Russia and China.

And Isaac Kharchi pointed out the importance of consuming renewable energies internally so that we can export all our gas and oil, instead of consuming half of Algeria’s production of these energies locally, citing a statement by the President of the Republic, Abdelmadjid Tebboune, in which he stressed the need to raise the export of gas to 100 billion cubic meters of gas.

Kharchi asserts that economic diplomacy will work to attract investors in non-renewable energy sectors such as shale gas, which Algeria has the third largest reserves in the world, while the only country that has the possibility of extracting it by preserving the environment and groundwater is America.

The speaker did not overlook the importance of moving towards economic management, the “management mechanism” in the management of public institutions and economic complexes, by working to encourage the worker to raise his productivity through material and moral stimulation, which is reflected in the rate of production of the complex, including national economic production, instead of bureaucratic administrative management. “It is unreasonable for ports and airports to operate 5 days a week from eight to four in the evening, while economic management is supposed to work with 3 teams every 8 hours, and even in other sectors, such as what happened at the end of the year, 3 days without work wasted a whole month’s income.” banks style.

The spokesman concluded by saying, “When we raise the gross domestic product, the growth rate rises from 6 and 8, and it may reach double digits, i.e. 10 percent or 11 percent, which is the advantage of the “BRICS” countries, which have a growth rate of 10 percent or more, and it rarely drops to 6 percent.