
The Thirteenth Session of the Algerian-Russian Joint Governmental Committee for Cooperation Held in Moscow - Iqtissad Al Balad
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Import/export, trade agreements, customs, and international commerce

Economy of Algeria news

This contributes to enhancing mobility and exchange between the two countries.

On Friday, in the Russian capital Moscow, the Minister of State, Minister of Energy, Mohamed Arkab, chaired the works of the 13th session of the Algerian-Russian Joint Government Committee for Economic, Trade, Scientific, and Technical Cooperation, jointly with the Deputy Prime Minister of the Russian Federation, Mr. Dmitry Patrushev, the co-chairman of the committee from the Russian side.

The work of the 13th session of the Algerian-Russian Joint Governmental Committee for Economic, Trade, Scientific, and Technical Cooperation, held on Friday in the capital of the Russian Federation, Moscow, culminated in the signing of the minutes of the thirteenth session of the Algerian-Russian Joint Governmental Committee for Economic, Trade, Scientific, and Technical Cooperation by the heads of the committee, namely the Minister of State, Minister of Energy, Mr. Mohamed Arkab, and the Deputy Prime Minister of the Russian Federation, Mr. Dmitry Patrushev.

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Algeria - The National Agency for Support and Development of Entrepreneurship (NESDA) signed a framework partnership and cooperation agreement with the National Association of Algerian Exporters (ANEXAL) aimed at enhancing access of Algerian micro-enterprises to international markets, according to a statement from the agency.

The European Union has officially approved the strategic trade agreement with the United States today, Thursday, ending nearly a full year of complicated and stalled ratification negotiations within European institutions. This step aims to avoid the outbreak of a devastating trade war across the Atlantic and to provide some stability to bilateral economic relations, despite ongoing fundamental disagreements between the two sides over tariff issues and the technology sector. View the full content on الشروق أونلاين.

On Wednesday evening in Algiers, an agreement was signed between the 'Condor' group and its partners in Rwanda and Tanzania to export electronic and household electrical products produced by the Algerian group to these two countries.

Global gold prices continue to sharply decline, approaching their lowest levels in over seven months, amid strong pressures from the rise of the US dollar and increasing market expectations regarding tightening monetary policy in the United States.

The Minister of State, Minister of Energy, Mohamed Arkab, held talks with the Minister of Natural Resources and Environment of the Russian Federation, Alexander Kozlov, on Thursday in Moscow, according to a statement from the ministry.

Iraq has hinted at the possibility of considering withdrawal from the Organization of the Petroleum Exporting Countries (OPEC) if its production quota is not increased. Bloomberg News reported that the spokesperson for the Iraqi Ministry of Oil, Salim Al-Rakabi, stated that Baghdad does not currently intend to leave the organization and is committed to working within its frameworks and mechanisms, but he also indicated that the ministry is moving forward with plans to increase production in line with its capabilities and self-needs. Read the full content on Echourouk Online.

The Iraqi Ministry of Oil denied reports regarding Baghdad's threat to withdraw from the Organization of the Petroleum Exporting Countries (OPEC), confirming that this proposal 'does not reflect the official position of the Iraqi government.' It also pointed out the importance of reassessing production ceilings in line with the sustainable production capacities of member countries, taking into account the specific security and economic conditions of Iraq. The ministry stated in a statement that Iraq's demands regarding its production share are addressed within the technical and consensus mechanisms adopted within OPEC and the OPEC+ alliance, noting that member countries have already launched a process to reassess the maximum sustainable production capacity in coordination with an international consulting firm...