Algeria Expands Economic Ties After Severing Relations With UAE

Algeria has taken significant steps to expand its economic ties with various countries following the severing of diplomatic relations with the UAE. On September 10, Algeria's Ministry of Foreign Affairs announced that Minister of State and Minister of Oil and Gas, Mohamed Arkab, held a video conference with Bangladesh's Minister of Energy and Mineral Resources, Iqbal Hassan Mahmood.

The two ministers discussed potential partnerships in liquefied natural gas (LNG), liquefied petroleum gas (LPG), and petroleum products, as well as the development of related infrastructure. Additionally, Algeria's Minister of Foreign Trade and Export Promotion, Kamel Rezig, and Uzbekistan's Minister of Investment, Industry, and Trade, Laziz Kudratov, held a virtual meeting to discuss establishing a joint business council.

Both countries agreed to strengthen direct communication between economic stakeholders and support joint economic and commercial projects. Meanwhile, Algeria is also working to enhance regional stability by maintaining diplomatic ties with Oman and discussing issues of mutual interest with Omani Foreign Minister Badr bin Hamad Al-Busaidi.

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