Algerian president welcomes Saudi foreign minister
Similar to Saudi Arabia, Algeria expressed its desire to join BRICS in 2023 as a means to diversify its economy away from western states
By
News Desk
– May 10 2023
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(Photo Credit: Algeria Press Service)
Algerian President Abdelmadjid Tebboune received Saudi Foreign Minister Prince Faisal bin Farhan in Algiers on 9 May in an effort to strengthen cooperation between the two countries.
“My visit to Algeria comes for the continuation of cooperation and coordination in all matters, especially with regard to Arab affairs, given that Algeria is chairing the Arab summit, which will be handed over by the Kingdom of Saudi Arabia at the next summit,” Bin Farhan said following the meeting.
“I found, as usual, a complete agreement of visions between the Kingdom of Saudi Arabia and Algeria, and I sensed from the Algerian president his keenness to move forward in all areas of cooperation,” he added.
In addition to his meeting with the Algerian president, Saudi Arabia’s top diplomat also held a meeting with his Algerian counterpart, Ahmed Attaf, to discuss the relations between the two countries and intensify the coordination on various regional and international issues.
The Saudi official stressed, “There are many opportunities between the two countries to enhance trade, and there is a steady increase over the past years, and we will work to continue it, and we will work to enhance cooperation and coordination in all fields to serve the security and stability of the Arab world and the entire international community.”
Similar to Saudi Arabia, Algeria has shown interest in joining BRICS in 2023.
Algerian President Abdelmadjid Tebboune on 22 December outlined his government’s plans for economic development over the next 12 months, saying Algeria will boost investments, improve human development, and shift towards a more advanced export structure relying less on hydrocarbons to qualify for membership into the BRICS group of emerging economies.
Last year, Chinese Foreign Minister Wang Yi said that the process of BRICS expansion would demonstrate the bloc’s openness and inclusiveness, meet the expectations of developing countries, increase their representation and voice in global governance, and contribute more to international peace and development.
The North African country recently signed an implementation plan with Beijing to join the ambitious Belt and Road Initiative (BRI) and also doubled its defense budget for next year, making it the largest in Africa.
