Algiers – Algeria and Venezuela agreed on Thursday to boost their economic cooperation, as President Nicolas Maduro visited his Algerian counterpart Abdelmadjid Tebboune.
“We have agreed to reinforce economic cooperation between our countries,” Tebboune said at a joint press conference broadcast by state TV after their meeting.
He also announced that direct flights would soon be launched between Algiers and Caracas.
Maduro said he was “very happy about this decision” and added that both governments wished to work together more closely, particularly on oil and gas.
ALSO READ | Algeria threatens to cut gas contract with Spain
Both countries depend heavily on energy exports and are members of the OPEC oil cartel.
Maduro had arrived overnight from Ankara, where he had sought to woo investors with talk of his country’s rich oil, gas and gold reserves.
His visit to Algeria comes as some two dozen leaders have descended on Los Angeles for US President Joe Biden’s Summit of the Americas, to which the leftist Venezuelan was among those not invited.
Follow African Insider on Facebook, Twitter and Instagram
Source: AFP
Picture: Twitter/@EscalonaJFC
For more African news, visit Africaninsider.com
