ALGIERS – Thursday, 14 December 2023 (APS) – President of the Republic Abdelmadjid Tebboune opened the 31st Algerian Production Fair, attended by 580 exhibitors, at the Exhibition Centre in Algiers on Thursday.

Upon his arrival at the Exhibition Centre, the President of the Republic was received by General Saïd Chanegriha, Chief of Staff of the National People’s Army (ANP), and Minister of Trade and Export Promotion, Tayeb Zitouni.

Members of the government and representatives of the diplomatic corps accredited to Algeria were also present at the inauguration of this major economic event, organized under the patronage of the President of the Republic from 14 to 23 December, under the theme “The producing company, the basis of growth and economic development.”

Before the inauguration, President Tebboune listened to a presentation by Minister of Trade and Export Promotion, Tayeb Zitouni, on the production and export capacities of national public and private companies in various fields, as well as on the preliminary results of the national product census.

On this occasion, the President of the Republic called for “registering those companies and sectors that fully cover national needs” and “granting them a licence to export to Africa, barter included,” referring to the possibility of using barter to exchange certain goods such as oils and livestock.

“We need to act quickly. In 2024, we will be drawing up a list of goods to be bartered with Niger, Mauritania and Mali,” he added, stressing the need to obtain “exact rather than approximate figures.”

The President of the Republic further highlighted the importance of exports, but first and foremost to cover the needs of local market and avoid any imbalance between production and consumption.

Themed “The producing company, the basis of growth and economic development,” this exhbition is taking place from 14 to 23 December under the patronage of President of the Republic, Abdelmadjid Tebboune, and organized by the Algerian Exhibition Company (a subsidiary of SAFEX).

The event brings together major public and private companies, as well as others that have recently entered the national market, to exhibit their products and services over a total area of almost 29 000 m2.

This year’s event brings together a number of sectors, including the agri-food, chemical and petrochemical industries, manufacturing (furniture, textiles, leather and ready-to-wear), electronics, household appliances, mechanical engineering, iron and steel, metallurgy, building and construction materials, services, military industries, start-ups and crafts.

On the sidelines of the Algerian Production Fair, a number of meetings are scheduled to take place, including a study day on the Continental African Free Trade Zone (AfCFTA), to be held on 16 December by the Ministry of Trade and Export Promotion, as well as a meeting themed “Project organization: challenges and opportunities” (on 17 December) and a meeting on “New support mechanisms for exporting production companies” (on 18 December).

The fair will be open to the public and trade visitors every day from 11:00 to 18:00.