Business news

MINSK, 28 April (BelTA) – Belarus and Algeria will look into the possibilities of setting up joint companies to produce haulers and lifts. The agreement was reached during the visit of a delegation of the Belarusian Industry Ministry led by Minister Vitaly Vovk to Algeria, BelTA learned from the Belarusian embassy in Egypt.

It was the first visit of the Belarusian industry minister to Algeria in the history of the bilateral diplomatic relations of the two states. The parties discussed the ways to expand industrial cooperation, set up companies in Algeria to produce the Belarusian freight, passenger, farming, road and construction vehicles.

“The parties agreed to set up a working group on industrial cooperation and work out possible ways of interaction in the production of haulers, lifts, and also in the engine-building and optics sectors. The parties will develop a roadmap to implement the projects,” the embassy said.

While in Algeria, Vitaly Vovk and Belarus’ Ambassador Sergei Rachkov met with the prime minister, the industry minister, representatives of the Defense Ministry and the governor of Algeria’s province.

The Belarusian delegation also held talks in the Algerian Chamber of Commerce and Industry with representatives of Algerian companies interested in the supplies of Belarusian industrial goods and the implementation of possible joint industrial projects. Attending the meeting were more than 70 representatives of Algerian companies.