Minister of Commerce: Economic and investment cooperation between Qatar and Algeria witnessing great progress

Doha: HE Minister of Commerce and Industry Ali bin Ahmed Al Kuwari, affirmed the strength of relations between the State of Qatar and the People's Democratic Republic of Algeria, pointing out that economic and investment cooperation between the two countries has witnessed great progress in recent years.

His Excellency, upon his participation in the work of the first meeting of the Qatari-Algerian Business Council, which was held today through video conference technology, praised the visit of HH the Amir Sheikh Tamim bin Hamad Al-Thani to Algeria in February 2020, which contributed to consolidating cooperation between the two countries on all levels, especially at the economic and investment levels. His Excellency said that the investment cooperation witnessed great progress following the establishment of the Algerian-Qatari Steel Company in Algeria, noting that it is one of the most important joint projects in the region and its investment cost exceeded two USD billion.