Zeitouni: We are beginning to witness the realization of the dream of escaping the dependence of the economy on hydrocarbons

Minister of Trade and Export Promotion, Tayeb Zitouni, confirmed today, Tuesday in Algiers, that Algeria has begun to witness the realization of a “dream” of getting out of the economy’s dependence on hydrocarbons, after this goal remained “locked in to ideas and programs” for several years.

Mr. Zitouni said during his inaugural speech at the first edition of the “Honorary Medal for Export” organized, at the Abdellatif Rahal International Conference Center, under the supervision of the President of the Republic, Mr. Abdelmadjid Tebboune, “The dream has begun to come true, and we are certain that the march continues To advance our country and elevate it to the ranks of developed countries, through participatory work that brings together all actors in the field.

The minister indicated that the President of the Republic’s supervision of this ceremony is “evidence of the utmost importance” that President Tebboune attaches to the issue of non-hydrocarbon exports, and “his keenness to support economic dealers who create wealth, especially exporters whom we consider ambassadors of our economy abroad.”

Mr. Zitouni pointed out that the results achieved in recent years in terms of non-hydrocarbon exports come as a result of restructuring the incentive systems and directing them towards priority sectors.

The minister also pointed out that “development is like freedom, it is earned and not given” and that the development and prosperity of countries can only be achieved by diversifying the national economy and liberating it from its dependence on hydrocarbons, in order to “lay solid foundations for achieving economic independence that enhances sovereignty in all its aspects.”

The minister stressed that the President of the Republic was keen to organize this event with the celebrations commemorating the Independence and Youth Day, so that it would be “another memory added to our glorious history, by commemorating the first steps towards Algeria’s economic independence,” considering that the first edition of the Medal of Honor for Export is “a real breakthrough for the era of independent Algeria.” economically”.