Des liens historiques et une ambition claire de forger un partenariat stratégique privilégié.

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des relations historiques et une volonté forte de construire un partenariat stratégique privilégié

Historical Relations Between Algeria and the Sultanate of Oman: A Promising Partnership

In recent years, the historical relations between Algeria and the Sultanate of Oman have witnessed a new momentum, driven by the strong commitment of both nations’ leaders to develop these ties into a strategic partnership covering various sectors for the benefit of both countries and their peoples.

Sultan Haitham ben Tariq’s State Visit to Algeria

This renewed focus on cooperation is highlighted by the state visit of Sultan Haitham ben Tariq to Algeria, commencing this Sunday. During his visit, he will engage in bilateral talks with Algerian President Abdelmadjid Tebboune to explore pathways for enhancing cooperative relations and discussing regional and international issues, including the Palestinian cause.

The mutual ambition to elevate their fraternal relations has led to numerous official exchanges between the two countries. This was exemplified by President Tebboune’s visit to Oman last October, which concluded with a joint statement emphasizing their commitment to advancing bilateral cooperation across diverse fields for the mutual benefit of both nations.

During this visit, the two leaders engaged in discussions imbued with a sense of brotherhood and understanding, reflecting their intent to elevate cooperation to match the historical ties embedded between Algeria and Oman. They acknowledged the importance of creating broader opportunities for collaboration and directed their efforts towards intensifying contacts and facilitating exchanges of visits among relevant parties to implement and monitor common initiatives and programs.

Strengthening Economic Partnership

One significant area highlighted during their discussions is the enhancement of private sector partnerships, boosting trade and industrial exchanges while leveraging the markets of both countries to promote their national exports to regional and global markets.

President Tebboune’s visit to Oman facilitated the signing of eight memoranda of understanding across various sectors, including investment promotion, exhibitions, higher education, environmental sustainability, financial services, employment, and training. A noteworthy initiative was the creation of a joint investment fund aimed at establishing partnerships in renewable energy, petrochemicals, Sahara agriculture, technology, tourism, and other promising areas.

Regional and International Cooperation

The two leaders also delved into pressing regional and international issues, stressing the importance of collaboration and coordination within regional and international organizations to further their mutual interests while reinforcing Arab unity. They reiterated their support for peaceful solutions and emphasized the need to uphold international law, justice, and equity to foster security and stability both regionally and globally.

Growing Investment Opportunities

Reflecting the strengthening bond between Algeria and Oman, there has been a notable increase in initiatives aimed at exchanging experiences and expertise, evidenced by multiple meetings between business leaders from both nations. The upcoming Algerian-Omani Sovereign Fund is expected to significantly boost investments in both countries.

In April, a delegation from Oman visited Algeria to explore investment opportunities in mining and related sectors, highlighting the commitment of both countries to forge long-term strategic partnerships and discuss practical mechanisms for implementing mutually beneficial cooperation projects.

Moreover, promising collaborations in pharmaceutical production are emerging, with Algerian operators expressing readiness to partner with their Omani counterparts in this sector. These efforts align with the conclusions drawn from high-level meetings aimed at enhancing bilateral economic relations.

Cultural Exchanges

Culturally, Algeria has also made strides in strengthening ties with Oman, as reflected in its participation in the 29th Muscat International Book Fair, where 43 Algerian publishing houses showcased 900 titles across various genres, spotlighting Algerian history, arts, heritage, and literature. This initiative served to enhance communication and cultural exchanges between the Algerian and Omani peoples.

Conclusion

The burgeoning relationship between Algeria and the Sultanate of Oman presents a promising horizon for both nations. Their commitment to fostering cooperation, investing in diverse sectors, and enhancing cultural ties signals a bright future for this partnership. By focusing on common interests and joint ventures, both Algeria and Oman are paving the way for deeper connections that benefit their respective citizens and enhance regional stability and prosperity.

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