Pakistan, Algeria reaffirm friendship and economic partnership on 71st national day celebration

Envoy highlights Algeria’s $270bn economy and expanding trade potential as both nations eye stronger collaboration under ‘Engage Africa’ policy

The Embassy of Algeria in Pakistan hosted a grand reception on Friday to mark the 71st anniversary of Algeria’s National Day, commemorating the Glorious Revolution of November 1, 1954. The ceremony, attended by diplomats, parliamentarians, senior officials, and business leaders, celebrated the enduring bonds between Pakistan and Algeria.

Special Assistant to the Prime Minister on Industries and Production, Haroon Akhtar Khan, was the chief guest at the event, where a ceremonial cake was cut to commemorate the occasion.

In his address, Ambassador of Algeria Dr Brahim Romani paid tribute to Pakistan’s historic support for Algeria’s independence movement, recalling Islamabad’s role during the 1955 Bandung Conference and later at the United Nations. “We recall with pride and gratitude Pakistan’s unwavering support during our revolution and after independence in 1962,” he said.

Dr Romani emphasized that the friendship between both nations continues to thrive through close coordination in regional and international forums, including their tenure as non-permanent members of the UN Security Council. He noted that both countries share “firm commitments to multilateralism and the just causes of oppressed nations, especially Palestine and Western Sahara.”

The ambassador also spotlighted Algeria’s growing global stature under President Abdelmadjid Tebboune’s leadership, describing it as the largest country in Africa and the Arab world and a strategic bridge between Africa, Europe, and Asia. He said Algeria’s economy, valued at $270 billion in 2024, is projected to reach $400 billion by 2027, driven by rapid industrialization and investment reforms.

Highlighting Algeria’s position as a major energy and industrial hub, Dr Romani noted that the country produces 50 billion cubic meters of gas annually and hosts more than 17,000 new investment projects under its reformed investment law. He added that Algeria is leading Africa’s start-up ecosystem with over 10,000 active companies.

Referring to the success of the Intra-African Trade Fair hosted by Algeria in September—with participation from 132 countries and trade contracts worth $48.3 billion—the envoy said it reflected Algeria’s emerging role as a regional business hub.

Inviting Pakistani investors to explore Algeria’s expanding markets in energy, mining, agriculture, and manufacturing, Dr Romani said both nations could build “new economic bridges” within Pakistan’s ‘Engage Africa’ policy framework. “Algeria stands ready to strengthen partnerships with Pakistan and open new avenues of cooperation across public and private sectors,” he added.

In his remarks, Haroon Akhtar Khan reaffirmed that Pakistan offers a “reliable and rewarding destination” for global investors. He said the government is working to establish a strong regulatory and industrial framework that encourages growth, safeguards partnerships, and fosters innovation.

“Through mutual cooperation, Pakistan and Algeria can move forward together in industry, innovation, and prosperity,” Khan said, extending heartfelt congratulations to the Algerian people on their National Day. “May the bonds between Pakistan and Algeria grow even stronger, guided by shared values and a common vision for a better future.”

The reception concluded in a festive atmosphere, celebrating the spirit of friendship, mutual respect, and partnership between the two nations.

 

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