Argentina's President Cristina Fernandez visits Algeria

by rahul | November 16, 2008 at 08:16 pm
320 views | 7 Recommendations | 1 comment

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Argentina's first lady - Shades of Hillary

Argentina's first lady - Shades of Hillary

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The President of Argentina, Crisitina Fernandez arrived in Algeria to boost economic and commercial cooperation with Algeria. Fernandez arrived after confronting serious corruption allegation against her husband and attending the G-20 Summit in Washington. On the other hand, her counterpart, the Algerian president Abdelaziz Bouteflika has just renewed his expectations of his tenure in power. A  recent constitutional reform would allow him to run for a third term next year. Both countries expect to increase cooperation.

Cristina Kirchner, the Argentinian president, has arrived in Algeria at the start of a six-day North African trip aimed at boosting economic ties. Kirchner arrived directly from the G-20 summit in Washington on Sunday. She will be in Algeria for two days before heading to Tunisia, Libya and Egypt for talks aimed at bolstering trade.  Abdelaziz Bouteflika, the Algerian president, welcomed Kirchner when she arrived in the morning before the face-to-face talks between the two country's delegations took place. In the midst of the financial crisis, Kirchner's tour is aimed at "reinforcing the south-south relationship between the two developing countries that will play a key role in future business and financial exchanges", Jorge Taiana, the Argentinian foreign minister, said. At least 70 Argentinian business people will also attend talks in the Algerian capital, which are being called the "financial week".  "Buenos Aires hopes to continue civil nuclear co-operation with Algeria," Bibiana Jones, Argentina's ambassador to Algeria, said.  Algeria's official news agency says a large phosphate export deal had been signed on the eve of Fernandez's visit and her meeting with Bouteflika. The talks are expected to focus on the agricultural sector and medicine, among a range of other areas, an Argentinian source said.  Argentina's exports to Algeria have been valued at nearly $900m, compared to $765m in 2007. Algerian exports to Argentina were worth $95m in 2007.

Related stories: Argentine opposition leader alleges graft, Algeria abolishes presidential term limits (UPDATED)

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Paschen

Now, I want to hear the out come of all this. It is very interesting. I see this as a rather important visit for both parties. Good post.

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Paschen
First Flagged at 8:30 PM, Nov 16, 2008 by Paschen
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