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Algeria, France cement economic ties

Algeria, France cement economic ties

Algeria

As a sign of the warming of relations between Algiers and Paris, the two countries signed on Tuesday in the Algerian capital cooperation agreements directly affecting social areas.

A total of nine agreements were signed which aim to boost bilateral cooperation between Algeria and France in the justice, education, higher education and social assurance fields.

The agreements were signed at the end of the third high-level session of the Intergovernmental Committee Algeria -French (CIHN), a framework established in 2012 between the two countries.

Algeria launched a process to diversify its economy and France supports it in order to succeed together.

During his visit to Algiers in April, French prime minister Manuel Valls told reporters that the two countries can play a major role in boosting relations between Europe and Africa, thereby increasing trade agreements between both continents.

“Algeria launched a process to diversify its economy, and France supports it in order to succeed together,” Valls informed a joint press conference in April and noted that “our companies invest in strategic fields in Algeria, including the health and pharmaceutical industry, foodstuff, transport, and high-tech.”

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