Monday 10 February 2025
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Algeria’s CREA, Confederação Empresarial de Portugal-CIP ink MoU

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BY: Hana Saada

ALGIERS- During the state visit of President Abdelmadjid Tebboune to Portugal, the Algerian Economic Renewal Council (CREA) and the Confederação Empresarial de Portugal-CIP signed a Memorandum of Understanding. This agreement aims to promote commercial relations and scientific and technological economics between the two countries.

As part of this memorandum, the two employers have committed to organizing regular business missions by sector of activity and to collaborate closely. The CREA and the CIP will work together to implement partnerships defined sector by sector, with a particular focus on agriculture, agri-food, renewable energies, the pharmaceutical industry, and tourism.

This partnership between the CREA and the CIP is a significant step towards addressing the economic challenges faced by both countries. By joining forces, they are contributing to the dynamic established by the two states and paving the way for a prosperous future.

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