soutenir toutes les initiatives d’investissement créatrices de richesse
Summary and Rewritten Content on Algerian Economic Diversification
Support for Economic Initiatives:
In a recent statement, Kamel Rezig, Algeria’s Minister of Foreign Trade and Export Promotion, emphasized the government’s unwavering support for investment initiatives that aim to create wealth and diversify the national economy away from hydrocarbons. He urged business operators to enhance the international presence of Algerian products, as per a ministry communiqué released on Friday.
Meetings with Economic Operators:
Rezig made these remarks during meetings with various economic operators, including presidents of associations and professional organizations, aimed at fostering collaboration within the sector. The meetings are part of an ongoing dialogue organized by the ministry to better understand and support local businesses.
Support for Diversification Efforts:
During his engagement with "Tapidor," a company focused on textile and artificial turf manufacturing, Rezig reiterated the sector’s full backing for investment initiatives that generate added value and bolster economic diversification. He highlighted the crucial need to enhance the competitiveness of domestic products in global markets and encouraged Algerian businesses to tap into regional and international markets, especially given the prospects offered by recently signed trade agreements.
Encouraging Resource Utilization:
The minister also interacted with representatives from the National Association of Marble and Granite Producers, stressing the significance of utilizing Algeria’s abundant natural resources. He urged the support for industrial transformation companies and called for the development of value-added supply chains, advocating adherence to international quality standards to ensure Algerian products are competitive on the global stage.
Assistance for Beverage Producers:
M. Rezig also met with Ali Hamani, president of the National Beverage Producers Association (ANPB), highlighting the importance of assisting operators in penetrating foreign markets. He pointed out the need to boost the competitiveness of national products to increase the volume and value of non-hydrocarbon exports.
Prioritizing Export Support:
The minister reaffirmed that the ministry prioritizes facilitating national enterprises involved in exports by removing administrative and logistical barriers and establishing a conducive environment for developing commercial partnerships abroad.
Collaboration with Entrepreneurs:
In discussions with the president of the Entrepreneurs and Industrialists Club, Rezig acknowledged this organization as a vital economic partner, given the diversity in sectors represented among its members. He reiterated the importance of supporting export orientation and promoting locally competitive production.
Addressing Concerns of Economic Operators:
The meetings provided a platform for discussing the production capacities of economic stakeholders and addressing their concerns, as noted in the ministry’s communiqué.
Conclusion
These concerted efforts signal a positive shift in Algeria’s economic landscape, striving for a transition toward a diversified economy that prioritizes local production and competitive global engagement.
With the support of the government, Algerian businesses are encouraged to explore new markets, utilize resources efficiently, and foster partnerships that align with international standards, paving the way for growth beyond the hydrocarbons sector.
