Bosnia and Herzegovina and Algeria have opportunities to cooperate
On May 9, the Minister of Foreign Affairs of Bosnia and Herzegovina, Bisera Turković, met the president of Algeria, Abdelmadjid Tebboune, and Ramtane Lamamra, the Algerian Minister of Foreign Affairs, as a part of the official visit of the minister to Algeria.
During the meeting, representatives of both countries expressed a mutual will to open embassies to support and strengthen the relations between Bosnia and Herzegovina and Algeria.
Even though both countries have frequent and exemplary ties, representatives of both countries agreed that there is a necessity to increase trade and economic cooperation.
Also, as a tool to strengthen mutual relations, the organisation of a new economic forum was proposed by Turković as a continuation of the cooperation of both countries, which is confirmed by the Energoinvest project in Algeria, for example.
Turković and Algerian officials also stressed plenty of opportunities to cooperate in the tourism field and exchange of goods and metals.
Additionally, as Algeria is a leading gas producer, its leadership plans to increase gas distribution to Europe, according to Algerian officials. In the light of the current crisis with Russia, Algerian gas could partially supplement gas supplies from Russia in the future.
Algeria and Bosnia and Herzegovina have solid relations. Mutual projects have been realised in Algeria, while Algeria plans to invest in the Balkans. Moreover, as the flow of Russian gas is intended to cease, Bosnia and Herzegovina is looking at Algerian gas as one of the options. However, the agreements about strengthening the cooperation have not been officially signed.