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Investments Without Factory Relocation and 'Semi-Finished Products'.. Details of the New Partnership with Spain!

April 9, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
Investments Without Factory Relocation and 'Semi-Finished Products'.. Details of the New Partnership with Spain!

The President of the Algerian Economic Renewal Council, Kamal Moula, revealed a new direction to advance economic relations between Algeria and Spain towards a more advanced stage, based on actual industrial partnerships founded on integration and joint production, instead of merely relying on traditional trade exchange. According to a statement from the Algerian Economic Renewal Council received by 'Echorouk', a memorandum of understanding was signed on Wednesday in the Spanish capital, Madrid, between the council and the Spanish Federation of Business Organizations, in a step described as qualitative to enhance bilateral economic relations and restructure them according to a common industrial vision. The same source clarified that this memorandum establishes a practical framework to intensify trade exchanges and stimulate...

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