Algerian president visits Moscow for strategic partnership signing

The Algerian President, Abdelmadjid Tebboune, is set to visit Moscow on Monday for a two-day visit. This visit marks the first time Tebboune has visited Russia since becoming President in December 2019.

During his visit, Tebboune is expected to meet with Russian President Vladimir Putin to discuss a range of issues, including trade, energy, and security. The two leaders are also expected to discuss ways to strengthen the long-standing relationship between Algeria and Russia.

Russia has been a key partner for Algeria in recent years, particularly in the energy sector. Russia’s state-owned oil and gas company, Rosneft, has a significant presence in Algeria, and the two countries have a strong history of cooperation in the energy sector.

In addition to energy, the two leaders are expected to discuss ways to increase trade between their countries. Russia is currently one of Algeria’s top trading partners, with the two countries exchanging goods worth over $3 billion in 2019.

Tebboune’s visit to Moscow also comes at a time when Algeria is facing significant economic challenges. The country’s economy has been hit hard by the COVID-19 pandemic and falling oil prices, and the government is looking for ways to stimulate growth and create jobs.

Overall, Tebboune’s visit to Moscow is an important step in strengthening the already strong relationship between Algeria and Russia. The two leaders are expected to discuss a range of issues, including trade, energy, and security, and work towards finding solutions to the economic challenges facing both countries.

 

Photo Credit: Rig zone