According to the Algerian Ambassador to Pakistan's Dr. Ahmed Benflis, establishing direct contact with the Pakistani business community, Algeria hopes to increase its trade ties with Pakistan. This was stated while addressing members of Faisalabad Chamber of Commerce and Industry.
He believes that since Algeria is an oil exporting country with most imports from EU and France, while receiving some indirect exports of textile products from some of these countries, that Algeria can help its brotherly country with its energy crisis by increasing exports of Liquefied Natural Gas. In turn Pakistani businessmen should consider their opportunities of exporting rice and textile products directly and invited the businessmen to visit Algeria and have meetings with their counterparts. If wanting to do so, he offered a three month visa issued within four days that could be extended with the FCCI recommendation.
He also spoke about the international exhibition that is to be held in June in hopes that the businessmen would take part in the exhibition and see it as an opportunity. Also, he brought about the number of agreements that were signed but not implemented between both countries in the past and stated that Pakistan and Algeria have always had good relations and how the two brotherly Islamic countries would have tremendous trade potential if they collaborate their different sectors. In 2011, bilateral trade was at US $27 millions and according to Mian Zahid Aslam this trade volume is still negligible.
http://pakobserver.net/detailnews.asp?id=203087
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