Commissioner Hahn in Algeria to reaffirm EU support for economic diversification

July 19, 2017
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Johannes Hahn, the EU’s Commissioner for European Neighbourhood Policy and Enlargement Negotiations is in Algiers today and tomorrow to reiterate EU support to the country in diversifying its economy.

Ahead of the mission, Commissioner Hahn said: “The European Union will continue to support Algeria in its efforts to diversify its economy and modernise its business environment. The EU-Algeria Partnership Priorities adopted earlier this year put a strong emphasis on economic matters. It is now time to translate these priorities into concrete actions and reforms.”

Commissioner Hahn’s visit takes place four months after the adoption of the EU-Algeria Partnership Priorities, which marked a new era in the political relations between the two partners. The EU is a key partner for diversification of the Algerian economy, with 18 projects in support of economic growth worth a total of over €200 million and covering a wide range of sectors ranging from agro-industry to promoting renewable energy.

Moreover, the EU is also supporting Algeria in its efforts to improve the business climate, to reform vocational training, and to ensure regulatory convergence to facilitate access to the EU market.

One week after Algeria adhered to the Partnership on Research and Innovation in the Mediterranean Area (PRIMA), the European Commission is also launching a Twinning project on expertise sharing in the field of information and communication technologies. Through this project, the EU will support the competitiveness of Algerian companies and will create new avenues for growth.


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Press release

EU-Algeria cooperation

EU Delegation to Algeria

Countries covered:

  • Algeria