OREANDA-NEWS. April 28, 2008. The Russian-Algerian Business Council recently held a meeting in Algeria during which members discussed the development program for the body. The goal of the program is to promote economic development and commercial partnership between the two countries. 
Attending the meeting on behalf of Algeria were General Director of the Algerian Chamber of Commerce and Industry Mohamed Chami, chairman of the Algerian delegation to RABC M.Kamel Abderrahim, and other officials. Taking part on behalf of Russia were the representative of the chairman of the Russian delegation Victor Lorents, First Vice-President of Stroytransgaz Leonid Bokhanovsky; Ambassador Extraordinary and Plenipotentiary of the Russian Federation in Algeria Alexander Egorov; and Trade Representative of the Russian Federation in Algeria Alexei Shatilov.

During the meeting, M.Kamel Abderrahim noted that the Algerian side has sincere intentions of enlivening the work of Russian and Algerian company-members of the RABC. Mr. Abderrahim singled out as desirable the spheres of construction, industry, finance, agriculture and trade, chemistry and pharmacology, and tourism.

Leonid Bokhanovsky confirmed the commitment on the part of the Russian side to fill the program to develop the business council with real substance. Mr. Bokhanovsky proposed appointing representatives from each side for each of the designated areas of commercial-economic partnership and conducting working meetings of Russian and Algerian sections of the council to formulate concrete proposals. These plans, he suggested, would then be forwarded for consideration to the Russian-Algerian Intergovernmental Commission. Mr. Bokhanovsky further advised that it would be expedient to create a single informational resource that could respond to the interests of Russian and Algerian companies wishing to develop business in the partner country. Finally, he proposed holding the next joint meeting of the RABC in October in Moscow, timing it to coincide with the first Arab exposition, Arabia-EXPO 2008.

The Stroytransgaz representative also expressed hope that fulfillment of contracts between Russian and Algerian companies – something the council had initiated – would be realized within the framework of the Russian-Algerian Business Council.