Algeria and Iran Set to Increase Economic Engagement

(3 Minutes Read)

Iranian companies would participate in the exhibition in large numbers.

Algeria’s strategic position as a gateway to Europe and Central Africa makes it an ideal platform for expanding Iran’s trade ties, said Saeed Zare’ Haghighi, head of Iran’s Trade Office in Algeria.

Speaking at a conference on Algeria’s economic potential, Zare’ Haghighi emphasised that trade offices typically operate under the mandate of Iran’s Trade Promotion Organisation (TPO), for facilitating

He noted that Algeria, as a relatively new player in global trade, is actively working to develop domestic markets and attract foreign partners. As a member of the Arab League and a bridge to Europe and Central Africa, Algeria can offer multiple strategic advantages for deepening trade with Iran, he added.

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Highlighting upcoming opportunities, Zare’ Haghighi announced that the next major trade exhibition in Algiers will host 176 companies from 32 countries. Iranian companies would participate in the exhibition in large numbers. He added that Algeria’s role as a major oil and gas supplier—accounting for 20 per cent of Europe’s energy imports—has boosted the country’s revenues and created a strong need for reliable trade partners.