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On June 27, 2024, a significant working meeting took place at the Imperial Hotel Vienna, organized by the Embassy of Algeria to Austria and Slovakia with the support of the Austro-Arab Chamber of Commerce (AACC). This event was part of the official visit of the Algerian Minister of Foreign Affairs, His Excellency Ahmad Attaf. The meeting aimed to strengthen bilateral business relations and explore investment opportunities between Algeria and Austria. It was attended by esteemed representatives from Austrian companies, dignitaries, and members of the Algerian delegation.
The agenda of the event was carefully structured to provide comprehensive insights into Algeria's evolving business environment and to facilitate direct interactions between the Minister and Austrian business representatives. The program began with a presentation by H.E. Ahmad Attaf, who provided an informative overview of the new investment and business climate in Algeria. He highlighted recent economic reforms, government initiatives aimed at attracting foreign investment, and the sectors that offer significant opportunities for Austrian businesses.
President Fasslabend outlined the importance of the Austro-Algerian relationship, which spans decades and is witnessing a new boost through the latest cooperation in economic agreements in the green hydrogen sector.
Following the presentation, there was a dynamic question-and-answer session where representatives from Austrian companies engaged directly with the Minister. This interactive segment allowed participants to seek clarification, offer comments, and discuss specific issues relevant to their business interests. The questions raised by the Austrian representatives covered topics such as regulatory frameworks, investment guarantees, and opportunities for joint ventures, to which the Minister responded comprehensively.
The Austro-Arab Chamber of Commerce (AACC) played a crucial role in this event, as it has been instrumental in fostering economic and commercial ties between Austria and Arab countries, including Algeria. The active participation of the president, H.E. Former Minister Dr. Werner Fasslabend, and the Secretary General, Dipl.-Ing. Mouddar Khouja, underscored the chamber's commitment to enhancing bilateral trade and investment relations. By facilitating dialogue and providing a platform for interaction, the AACC significantly contributed to the event's success, reinforcing its position as a key driver of Austro-Arab economic cooperation.
In conclusion, the working meeting between the Algerian H.E. Ahmad Attaf and representatives of Austrian companies was a resounding success. It served as a vital platform for promoting Algeria as a promising investment destination and for strengthening economic relations between Algeria and Austria. The AACC extends its gratitude to the Embassy of Algeria for the distinct invitation to the exclusive event and looks forward to continued cooperation in the future.
Categories: Reports
