UAE, Algeria sign cooperation agreementBy IANS
Sunday, October 17, 2010
Algiers, Oct 17 (IANS/WAM) The UAE and Algeria Sunday signed an agreement to boost cooperation and dialogue between their parliaments.
Visiting UAE Federal National Council (FNC) speaker Abdul Aziz Al Ghurair and Algerian National People’s Assembly speaker Abdelaziz Ziari signed the document here.
At a press conference, Al Ghurair described his talks with Algerian President Abdelaziz Bouteflika as “fruitful and encouraging”.
The Algerian president lauded UAE’s investments in the country, he said, adding UAE’s investments could surge to $10 billion in the future.
UAE-Algeria bilateral trade is currently worth $750 million.
Al Ghurair said 8,000 Algerians work in the UAE and it can take more.