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Minister of State for External Affairs E. Ahamed visited Algeria

Apr 20, 2013 16:34 IST

Minister of State for External Affairs E. Ahamed officially visited Algeria from 17-18 April, 2013.

The main purpose of the visit was to revive and renew the bilateral relations on the occasion of the 50thAnniversary of Algeria’s Independence and 50 Years of Establishment of Diplomatic Relations between India and Algeria.

Algeria is the largest country in Africa and second largest economy with considerable trade existing between India and Algeria to the extent of 2.2 billion of US Dollars.

The exports to Algeria have increased manifold to reach 1. 1 billion US Dollar in 2012.

Major Area of Discussion

• The Minister of State also discussed the possibility of signing term contracts for supply of oil and natural gas to India, Algeria being the 4thlargest producer of oil in Africa.
• Possibility of joint venture in manufacture of gas-based nitrogenous fertilizers for captive export to India was also discussed.
• A Road Map for further strengthening of areas of bilateral cooperation including political, commercial & economic, human resource development, science & technology etc. were discussed while presenting to the Algerian side.

The Indian side also expressed interest in participating in the Presidential programme for development of infrastructure including social housing, roads & highways, railways and airports.

Both the side agreed that a large potential exists for further development of these relations for which the two sides would work together under the Road Map drawn for it.

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