signature de trois accords de coopération entre des opérateurs des deux pays
Summary of Economic Agreements between Algeria and Mauritania
On Friday, three significant agreements were signed in Nouakchott, Mauritania, reinforcing economic collaboration between Algerian and Mauritanian operators. These agreements are focused on sectors crucial for both nations: pharmaceutical production, maritime transport, and hygiene products.
The signing took place during the Algerian-Mauritanian Economic Forum, attended by key figures including Tayeb Zitouni, Algeria’s Minister of Domestic Trade and Market Regulation, and Zeinebou Ahmednah, Mauritania’s Minister of Commerce and Tourism. Other notable attendees included Codoro Moussa N’Guenore, a Mauritanian minister responsible for Economics and Finance, and Algerian Ambassador to Mauritania, Amine Sid. Representatives from various ministries, including Foreign Affairs, and numerous business leaders from both countries were also present at the ceremony.
Details of the Agreements
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Pharmaceutical Agreement: The first agreement was made between Saidal, an Algerian pharmaceutical company, and Chinguitty Pharma, a Mauritanian firm. This partnership aims to facilitate the export and distribution of Algerian medicines in Mauritania and across West Africa. Additionally, it will foster international investment collaboration within Mauritania’s pharmaceutical sector.
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Maritime Transport Agreement: The second agreement involves the Algerian National Maritime Navigation Company (CNAN Algérie) and the Mauritanian company “Manu-port.” This partnership is set to provide maritime services that support a shipping line connecting Algeria to Mauritania, enhancing trade efficiency between the two countries.
- Hygiene Products Agreement: The third agreement was reached between Faderco, an Algerian company specializing in personal hygiene products, and the Mauritanian company “Ibdaâ.” This deal will enable Ibdaâ to distribute Faderco’s products within the Mauritanian market, meeting local demand for hygienic goods.
Context of the Forum
These agreements were signed during the ongoing 7th edition of the Algerian Products Fair in Nouakchott, which runs from May 22 to May 28, featuring participation from over 200 Algerian companies. The event underscores the commitment of both nations to strengthen their economic ties, promote Bilateral Trade, and enhance cooperation across various sectors.
In summary, the agreements signed at the Algerian-Mauritanian Economic Forum are crucial milestones that reflect the growing economic collaboration between Algeria and Mauritania. These deals are expected to substantially benefit both economies while promoting regional trade and investment opportunities.
