Algerian President Arrives in Oman Today for a 3-Day Visit
- Publish date: Monday، 28 October 2024
- Related articles
- Swiss President's Spouse Tours Muttrah Souq and the Royal Opera House
- Belarusian President Visits Oman’s National Museum
- Parking to Be Restricted on This Road in Oman on Sunday, Monday
Abdelmadjid Tebboune, President of Algeria, is set to embark on a three-day state visit to Oman starting Monday.
President Abdelmadjid Tebboune of Algeria will arrive in Oman for a three-day visit aimed at enhancing cooperation between the two nations. According to a statement from the Diwan of Royal Court, the visit focuses on fostering growth and welfare that benefit both countries.
Key Topics of Discussion
During his visit, President Tebboune and Oman's leadership will discuss important matters related to Arab cooperation and exchange insights on regional and international developments. Both nations maintain a strong partnership, marked by shared views on various regional issues.
Read More: Why is Algerian Boxer Imane Khelif Trending?
Strengthening Bilateral Relations
Oman and Algeria have established solid ties in several sectors, including energy, mining, pharmaceuticals, and food security. This visit is expected to further develop their economic and commercial connections. Discussions will likely center around investment opportunities and collaborative projects, particularly in energy and mining.
Historical Context
The relationship between Oman and Algeria is deep-rooted, with a history of high-level visits by leaders from both nations. A joint committee established in 1991 has been instrumental in enhancing bilateral cooperation. In June 2024, both countries agreed to draft a joint vision for an investment fund that will operate across multiple sectors.
Trade Exchange Highlights
Trade between Oman and Algeria has been on the rise, reaching approximately RO41 million by the end of 2023. Oman’s exports to Algeria were valued at RO37.3 million, while imports were significantly lower at RO509,272. This trade volume illustrates a strong collaborative spirit compared to other North African nations.