Zéribi: “France Is Required To Review Its Security Outlook On Algeria

 The President of the “Agora Club” bringing together Algerian and French Managers and Contractors, Mr. Karim Zéribi, has sent a strong message to French authorities urging them to reconsider their security overview with respect to three Maghrebian countries, namely Algeria, Tunisia and Mauritania, in order to spur more foreign investments notably in Algeria and to ease the free movement of foreigners by allowing them to visit Algeria with the aim of boosting the recovery of its tourism.

Taking the floor during a press conference held on Monday at the Aurassi Hotel in upper Algiers on the occasion of the arrival of a 20-member delegation of French-Algerian economic institutions for a two-day working visit, Mr. Zéribi reiterated that French diplomacy still ranks wrongfully Algeria among the countries of danger.

According to Mr. Karim Zéribi, it is quite necessary today in all areas to take initiatives to stimulate the present and future of these two countries, which represent the natural bridge between the relations linking Europe and the African continent.

“In France and Algeria, we prefer fruitful and win-win partnerships between France and Algeria, because the bilateral economic relationship must forge ahead from today onward in both directions for mutual spin-offs”, he added.

“It seems that the French leaders are interested in Algeria without knowing how to deal with this country, which seems to them complex in terms of political and economic matters”, he further noted.

“The Agora Club will allow managers in both France and Algeria to facilitate communication and to help establish French companies in Algeria”, Mr Zéribi indicated.

He also underscored that it is necessary to promote the export of Algerian products conforming to European standards towards the European Union market, while denying that the investment rule 51/49 enforced by Algeria to safeguard its economy, is an impediment to French investments, pointing out that such a rule is also applied in many other countries.