Iran, Algeria sign several MoUs
Iran and Algeria signed several memoranda of understanding on various fields in Algiers on Sunday in order to further expand relations between the two countries.
The signing ceremony was attended by Iran’s President Ebrahim Raisi and his Algerian counterpart Abdelmadjid Tebboune. They also chaired a joint commission of high-ranking delegations from both countries.
During the meeting, the president referred to Iran’s significant economic progress, saying, “Iran’s high capacities in the economic field are suitable for the development of mutual cooperation in the fields of energy and technology, engineering, industrial, petrochemical and finance with Algeria”.
He also called for further improvement of the level of economic and commercial relations between Tehran and Algiers.
Raisi described Algeria as a leading country in the fight against hegemony and colonialism in the world. He also pointed to the two countries’ common stances regarding various regional issues, especially the fight against terrorism. The Iranian president said that Iran considers the development of Tehran-Algiers relations as a basis for strengthening regional and international ties.
Heading a high-ranking politico-economic delegation, Raisi arrived in Algiers on Saturday to attend the 7th meeting of the leaders of the Gas Exporting Countries Forum (GECF).
The GECF, which is comprised of 13 permanent members and seven observers, was established in 2008, based on an initial proposal by Iran as one of the world’s largest holders of natural gas reserves.
The Iranian president also held separate meetings with other top officials from the 19-member gathering of the world’s leading natural gas producers.
Raisi’s trip marks the fourth visit of an Iranian president to the North African country, which took place after 14 years, since former president Mahmoud Ahmadinejad’s visit in 2010.