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Friday, February 19, 2010

American investors visit Algeria

2010-02-18

Representatives of 24 US companies arrived in Algeria on Wednesday (February 17th) for several days of business meetings aimed at boosting trade exchanges between the two countries, local press reported. With $20 billion in imports from Algeria, the US is the country's top customer, Tout sur l'Algerie quoted US Department of Commerce official Nicole Lamb-Hale as saying in Algiers. The visiting companies "want to develop investment, create jobs and transfer technology to Algeria", Lamb-Hale said, adding: "We want to diversify our relations outside the hydrocarbon sector." The US business leaders will also meet with Algeria's foreign affairs, finance and trade ministers during their visit.

Source: Magharebia.com
Link: http://magharebia.com/en_GB/articles/awi/newsbriefs/general/2010/02/18/newsbrief-03.

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