Algeria, Oman Set to Strengthen Industrial Partnership with Memorandum of Understanding
BY: Dr. Hana Saada
ALGIERS- The Minister of Industry and Pharmaceutical Production of Algeria, Ali Aoun, met with the Ambassador of the Sultanate of Oman to Algeria, Mr. Nasser bin Rashid ElBaradei, on Tuesday, as announced by the ministry in a press release.
During the meeting, the two parties discussed the cooperative relations between their respective countries and emphasized the importance of enhancing industrial partnership across various sectors to benefit the economies of both nations.
Recognizing the significance of bolstering industrial collaboration and furthering its development in diverse industrial domains, both parties agreed to establish a memorandum of understanding between their respective ministries responsible for industry. This memorandum aims to pave the way for promising prospects in industrial cooperation.
Additionally, it was agreed upon by both sides to convene a meeting of a joint committee on industrial cooperation between the two countries in the shortest possible timeframe.
The meeting marks a significant step forward in the bilateral relations between Algeria and Oman, particularly in the industrial sector. By fostering closer ties and cooperation, both nations seek to capitalize on each other’s strengths and capabilities to drive economic growth and development.
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