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Algerian Economic Diplomacy Is Pushing Local Export Industry Forward To Enter African Market

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Algerian Economic Diplomacy Is Pushing Local Export Industry Forward To Enter African Market

Indicators of the economic movement of Algerian diplomacy emerged in the context of pushing exports outside hydrocarbons forward and diversifying the economy within the framework of the economic recovery plan drawn up by President Abdelmadjid Tebboune.

In this context, a diplomatic delegation of advisers in charge of economic affairs in Algerian embassies in African countries recently met with representatives of several economic groups and companies to discuss the Condor and Falco companies’ products and ways to enhance the exports of these companies’ goods (electronic and home appliances to Africa).

More than 40 economic consultants travelled to the city of Bordj Bou Arreridj (eastern Algiers) a few days ago to discover the capabilities of these companies in exporting and the products concerned, especially since Bordj Bou Arreridj has become the capital of electronics and home appliances in Algeria.

The task of these consultants is to seize economic opportunities for Algeria, especially exporting several products to more than 40 African countries, given Algeria’s delay in entering the countries of the African continent, commercially and economically, despite the distinctive political and diplomatic relations that bind it to most countries of the continent.

In addition to the field movement of economic diplomacy in Africa, there is also an internal diplomatic move, represented in the first exhibition for the African diplomatic corps accredited in Algeria that includes Condor products destined for export.

In this context, the president and assistant general manager of “Condor” Mohamed Salah Daas told Echorouk that the company will organize today a fair for the African diplomatic corps accredited in Algeria, which includes various products destined for export within the framework of strengthening inter-African exchanges, adding that Condor was one of the first companies to respond to the President’s call to move towards exports outside the hydrocarbon sector and to enter the African free trade zone.

Mohammed Al-Saleh Daas explained that the diplomats of 25 African countries have so far confirmed their presence in this fair, which will be held at the International Conference Center Abdellatif Rahal in Algiers and will be attended by African ambassadors and economic attachés.

A $30million Order To Export Refrigerators To Africa

In the same context, Condor Assistant General Manager Mohamed Salah Daas revealed that the company received an order of 30 million dollars to export refrigerators to Africa, explaining that only 10% of it had been met so far, and the company is currently working on launching a new production unit for refrigerators to enhance the capabilities of production and keeping pace with this trend towards export.

According to Daas, accompanying this trend of exporting to Africa calls for strengthening production capabilities as a whole, and 3,700 new positions will be created in 2021, which was confirmed by the company during the visit of the Labor Minister, El Hachemi Djaaboub, to Bordj Bou Arreridj a few days ago.

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