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From Cars and Energy to Agriculture... Algerian Investments

October 2, 2026اقتصاد – الشروق أونلاينechoroukonline.comTranslated from Arabic
From Cars and Energy to Agriculture... Algerian Investments

The Ambassador of the Republic of South Korea to Algeria, Min Kyung-tae, confirmed that economic cooperation between the two countries is trending upwards, noting that Algeria has become, during the first half of 2026 for the first time, the largest supplier of naphtha to South Korea with a share of 17.2 percent, emphasizing that 'energy represents the beginning of cooperation between the two countries and not its end.' The ambassador stated, in a speech delivered on Thursday evening on the occasion of the National Day of the Republic of South Korea, in the presence of the Minister of Post and Telecommunications, Sid Ali Zerouki, along with representatives of the government, parliament, and members of the diplomatic corps, that Algerian naphtha enters Korean factories in the production of plastic materials...

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Alongside the cooling of Algerian-French relations since last May, a number of French newspapers reported on difficulties that French exports to Algeria are facing, linking this to the political and diplomatic crisis affecting bilateral relations since the change in the French stance on the Western Sahara issue in the summer of 2024, which has led to the vacancy of the Algerian ambassador's position in Paris to this day. The information gathered by French media, including the magazine 'Marianne' through its website, as well as the newspaper 'La Croix' and the site 'Le Journal du Dimanche', is attributed to several diplomats and French businessmen active in...

Oct 2, 2026echoroukonline.com

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