Algeria to open Algerian-Cameroonian trade office in Douala

According to the Algerian ambassador in Cameroon, Merzak Bedjaoui, an Algerian-Cameroonian trade office will be opened in the city of Douala in the coming months, to strengthen the economic cooperation between the two countries. This will be the 3rd Algerian initiative of this kind in Africa, after the Dakar and Abidjan offices, we learn.

The details of the establishment of this trade desk, the Algerian diplomat explained to Quotidien de l'Economie, will be fine-tuned during the Algerian-Cameroonian Economic Partnership Days, which will be soon organised in Douala, the economic capital of Cameroon. But, while awaiting this event, we learn, 12 Cameroonian economic operators will take part in the 5th edition of the Algérie Export Fair, which will take place from 27 to 30 May 2016 in the Algerian capital.

For some months, Algeria has been visibly committed to reviving the economic cooperation with Cameroon. At the Chancellery of this country in Yaoundé, the upcoming negotiation with the Cameroonian authorities of new partnership agreements is announced, including a trade agreement, an investor promotion and mutual protection agreement, as well as an aviation agreement which will open the Cameroonian airspace to the airline Air Algérie.

On 17 May, it was the pharmaceutical group Saidal, leader on the generic medicine market in Algeria, which announced the signing of a agreement with a commercial partner, in order to distribute their products in 13 African countries, including Cameroon.