President Tebboune discusses investment opportunities in Algeria

President Tebboune discusses investment opportunities in Algeria

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Today, Wednesday in Lisbon, President of the Republic Abdelmadjid Tebboune reviewed the great investment opportunities provided by the business climate in Algeria within the framework of the new investment law, which he stressed protects the foreign investor and ensures the stability of the legal system. The framework regulating this activity, according to the official agency.

During the opening of the Algerian-Portuguese Economic Forum, accompanied by Portuguese Prime Minister António Costa, the President of the Republic called on businessmen in the two countries to agree on ways to strengthen the economic partnership within the framework of a common future in the two countries. The economic field, which improves the quality of political and humanitarian relations between the two countries and peoples.

He added that the Portuguese “know well the level of the business climate in Algeria and carry out their activities with satisfaction,” highlighting “the positive results achieved by the Algerian economy, such as the value of exports, excluding the hydrocarbons sector, which exceeded 7 billion dollars.” dollars over the past year, and I look forward to reaching $13 billion in the future. »

On the same occasion, the President of the Republic revealed that Algeria had begun producing green hydrogen within the framework of a program to develop the renewable energy sector, stressing that it would offer its product to European countries within the framework of a “future economic partnership.” .

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About the Author: Irene Alves

"Bacon ninja. Guru do álcool. Explorador orgulhoso. Ávido entusiasta da cultura pop."

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