Published on : Tuesday, 13 February 2024 17:59 source: aps.dz
ALGIERS- The president of the Republic, Abdelmadjid Tebboune, announced Tuesday that the year 2024 would be distinguished by the establishment of  free zones between Algeria and five African countries, namely Mauritania, Tunisia, Libya, Mali and Niger.
In an address via video conference, at the 41st meeting of the Steering Committee of the Heads of State and government of the New Partnership for Africa’s Development (NEPAD‎), the president of the Republic said “Algeria will see, in 2024, the creation of free zones with sister countries, starting with Mauritania, then Sahel countries such as Mali and Niger, in addition to Tunisia and Libya.”
The president of the Republic also stressed Algeria’s commitment to meeting the goals of economic development and continental integration, and the importance of working for the improvement of the efficiency of the economic integration processes in Africa.
The integration, he added, concerns the improvement of the relevant infrastructures through the enhancement of public-private partnerships, the utilization of national resources‎, the use of regional and international funds for infrastructure development and other innovative financing instruments.
It also includes the improvement of regional production and trade networks, through the strengthening of production capacities, the continuation of the efforts to promote the industrial sector’s role and getting access to global value chains, by promoting the diversity of African industries, the president of the Republic said.
According to him, Algeria gives a great importance to investment in basic infrastructures.
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