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Faid, Zitouni Embark on Diplomatic Mission to Unveil Vital Infrastructures in Nouakchott and Dakar

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BY: Hana Saada

Nouakchott, Dakar – September 19, 2023 – In a testament to Algeria’s commitment to bolstering its ties with African neighbors, Minister of Finance, Laaziz Faid, and his counterpart in trade and export promotion, Tayeb Zitouni, are set to embark on a diplomatic journey to Mauritania and Senegal. Their mission: to inaugurate two permanent showrooms and two Algerian public banks in Nouakchott and Dakar. This landmark visit is in line with the vision of Algeria’s President to enhance cooperation with African nations and actively contribute to the continent’s growth and prosperity.

The Ministry of Commerce issued a press release elucidating that this endeavor underscores Algeria’s determination to further engage with the African continent. The primary objective is to foster stronger economic and commercial collaborations while creating new avenues for investments across the continent.

The two permanent exhibitions, as highlighted in the press release, will serve as a vital platform for showcasing Algerian products and services, facilitating both domestic and international trade. These showrooms are poised to become the epicenter for promoting Algerian commerce, thus amplifying its global footprint.

In addition to the showrooms, the establishment of two Algerian public banks, one in Nouakchott and the other in Dakar, is a testament to Algeria’s commitment to providing high-quality banking services while supporting investors dedicated to advancing local and international trade. These banks are slated to become financial nerve centers, facilitating economic sustainability and growth throughout the region.

This diplomatic sojourn underscores the government’s unwavering commitment to fortifying relationships with neighboring nations. It aims to nurture close bilateral ties, usher in sustainable development, and bolster economic stability across the region. Minister Faid and Minister Zitouni’s visit will undoubtedly cement Algeria’s position as a formidable player in Africa’s economic landscape, opening doors to enhanced trade and collaboration.

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