President Murmu Advocates for Enhanced Economic Relations Between India and Algeria at Forum
At the India-Algeria Economic Forum, President Droupadi Murmu delivered a keynote address emphasizing the need for stronger economic ties between India and Algeria. Her speech highlighted the significant strides Algeria has made in economic reforms under the leadership of President Abdelmadjid Tebboune. President Murmu underscored India’s robust relationship with Africa, noting its status as the continent’s fourth-largest trading partner.
During her address, President Murmu encouraged Indian businesses to seize investment opportunities in Algeria, particularly in sectors that align with Algerian developmental priorities. She pointed out areas such as agriculture, energy, and infrastructure as potential sectors for collaboration. Additionally, President Murmu extended an invitation to Algerian companies to participate in Indian developmental initiatives like ‘Make in India.’ This program is designed to foster innovation, enhance skill development, and build best-in-class manufacturing infrastructure, making it an attractive proposition for foreign investors, including those from Algeria.
The forum served as a platform for both nations to explore avenues for mutual growth and to reinforce their economic partnership. By promoting bilateral cooperation, both leaders aim to leverage their respective strengths for mutual benefit, contributing to economic stability and prosperity in both regions.
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