Creation of Algerian-Mauritanian Business Council

The President of the National Union of Mauritanian Employers (UNPM), Mr. Mohamed Zein El Abidine Ould Cheikh Ahmed, signed Tuesday in Algiers a memorandum of understanding with the President of the Algerian Confederation of Citizen Employers (CAPC), Mohamed Sami Akli, aimed at setting up an Algerian-Mauritanian business council.

The establishment of this council reflects the strong political will of the countries to create a strategic partnership to support inter-investment and trade exchange at the level of common border areas.

Under this agreement, the Algerian Confederation of Citizen Employers and the National Union of Mauritanian Employers will organize economic and trade events, facilitate the access to information, and guide the economic operators of the two countries to ensure a better strategic and economic partnership.

The President National Union of Mauritanian Employers said, on this occasion, that establishment of this council represents a milestone for development of trade exchange between Mauritania and Algeria.

For his part, the President of the Algerian Confederation of Citizen Employers stressed the important of this council, noting that it will boost trade exchange and investment between the two countries.