British Parliament to hold a conference on Algeria economy, Lady Olga

Chairman of the Algeria Britain Business Council, Lady Olga Maitland, said the British Parliament is due to hold an economy conference next 21 June in the ABBC headquarters, in London, where Algerian employers, business operators and politicians are to be invited.

The conference aims at evoking investment opportunities in Britain for Algerian operators, and boost bilateral cooperation, Lady Olga Maitland added.

She further specified that she has held several meetings with Algerian officials on bilateral trade cooperation. Lady Maitland said she concluded through the meetings the will of Algeria to share her cooperation with other countries, adding that Britain shares the same preoccupation with Algeria in terms of bilateral cooperation.

She further mentioned that she expressed to Minister of Industry, Mohammed Benmeradi, the intention of her country to boost small and middle seized enterprises in Algeria, stressing that the investment environment in the North African nation is attractive.

She further felicitated the “brave” Algerian press on celebrations of World Freedom of Press Day.

On another side, Ambassador of Britain to Algeria, Martyn Roper praised “the interesting” bilateral relations in different sectors, including counterterrorism, defence, energy, trade.

He further indicated that bilateral trade exchange is in a steady growth, hitting £1 billion in 2010. Mr Roper added that British exports to Algeria have multiplied during the five past years, to reach £345.7 million, while Algeria exports to Britain in 2010 increased by 30% comparing to 2009, to hit £710.3 million.