Hundreds of Russian companies are expressing interest in investing in Algeria, as confirmed by Tatiana Gvilava, the head of the Russian-Arab Business Council.
Speaking to Russia Today during the Algerian-Russian Business Forum, Gvilava stated that her nation “shows great interest in cooperation with Algeria”, pointing out “promising plans for bilateral work between the two countries”.
The council leader continued, “Today is an important day for us, as it coincides with the 20th anniversary of the establishment of the Russian-Arab Business Council, which I preside over.”
She added, “Today we welcome a large delegation of interested businesspeople. We have invited many Russian companies, and hundreds of them have expressed their desire to collaborate with Algeria, especially in the fields of agriculture and industry”.
Gvilava also emphasized Russia’s considerable interest in Algeria, noting the number of Algerians who have graduated from Russian universities and are fluent in the Russian language. She said, “We want to build promising plans for cooperation with Algeria”.
The Algerian-Russian Business Forum, held in Moscow, was inaugurated by Algerian President Abdelmadjid Tebboune on Wednesday, during the second day of his state visit to Russia.
On Thursday, President Tebboune held talks with his Russian counterpart, Vladimir Putin. The talks resulted in the signing of a declaration for enhanced strategic partnership between Algeria and Russia, in addition to eight cooperation agreements in various fields.