The economic exchange between Oman and Algeria is not up to the desired levels, according to Mohamed Yarqi, Ambassador of the People’s Democratic Republic of Algeria to Oman. Image Credit: AP

Muscat: Mohamed Yarqi, Ambassador of the People’s Democratic Republic of Algeria to Oman said that while Oman and Algeria have identical views and non-interference policy based in the internal affairs of countries, the economic exchange between the two nations wasn’t up to the desired levels.

“We are seeking to push it forward, through a mutually accepted approach between the countries. A meeting between the two sides was supposed to have been convened last year but due to the pandemic situation, that did not take place. We hope to raise the level of economic exchange in various areas,” said Yarqi.

He indicated that the two countries shared the same stand in Arab issues and have called for political solution from the beginning. “We called to solve Syrian crisis, under shared visions between the two countries and also through joint meetings with foreign ministers. Both Algeria and the Sultanate kept their embassies in Damascus during the crisis time.”

Tourism fields

The Algerian ambassador called on Algerian investors to invest in the Sultanate, in areas such as the agricultural, tourism and industrial fields.

He brought attention to the existence of a large Omani-Algerian project in petrochemicals, which has achieved tangible successes since its launch in 2014. He also explained that preparations are underway to hold the Omani-Algerian Joint Committee, which will focus on eliminating the defects of previous agreements to achieve a speedy implementation of projects. “The result will see more business exchange between the two countries very soon.”