Turkey, Algeria sign JEC protocol

A statement by the State Ministry of Turkey said Turkish and Algerian officials discussed measures to boost bilateral trade, the areas of energy, mining, agriculture, industry, transportation, health and contracting in the meeting.

Turkish delegation headed by State Minister Cevdet Yilmaz and Algerian delegation headed by Energy & Mining Minister Chakib Khelil held meetings and signed the protocol of JEC.

The 9th meeting of Turkey-Algeria Joint Economic Commission is held in Algiers.

Yilmaz is also set to meet with Industry & Promotion of Investments Minister Abdelhamid Temmar and Housing & Urban Development Minister Noureddine Moussa before returning to Turkey on March 12.

Trade volume between the two countries increased to 5 billion USD in 2008 from 1.6 billion USD in 2003. It reduced to 3.8 billion USD in 2009 because of a decrease in Turkey's imports of natural gas and iron from Algeria. Meanwhile, Turkey's exports to Algeria rose 10 percent to 1.7 billion USD in 2009 despite the global financial crisis.


/World Bulletin/