23.08.10 Algeria Focus Iran and Algeria in talks about free-trade agreement

Iran and Algeria are in talks about a free-trade agreement. The preliminary discussion took place when Iranian Commerce Minister Mehdi Ghazanfari met Algerian Ambassador to Tehran Soufiane Mimouni.

Ghazanfari said that Iran respects the African continent for its international commercial relations and believes that Algeria could be an entry point for Iran into North Africa. The commerce minister said that establishing a joint bank and exchanging trade delegations are some of the ways that Tehran and Algiers could boost business trade.

Mimouni said the current political relations between the two countries were good and expressed hope that commercial ties would strengthen the economy of both countires.

Source: Bernama

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