February 17th, 2026
As part of efforts to strengthen relations between the two friendly countries, the Embassy of Algeria and the Secretariat for the Promotion of Investment and Exports of Nicaragua organized, on 17 February 2026, a videoconference bringing together Algerian economic institutions and their Nicaraguan counterparts to explore prospects for cooperation and opportunities for investment and trade partnerships between the two countries.
In addition to H.E. the Ambassador of Algeria to Nicaragua, Mr. Ali MENGUELATI, the following officials on the Algerian side took part in the meeting:
- The Director General of the Algerian Investment Promotion Agency, Mr. Omar REKKACHE;
- The President of the Algerian Economic Renewal Council, Mr. Kamel MOULA;
- The Director General of the Algerian Chamber of Commerce and Industry, Mr. Chakib KOUIDRI;
- The Head of the Cabinet of the Ministry of Foreign Trade and Export Promotion, Ms. Maya OULD KOUIDER;
- The Director of Promotion and Support of Economic Exchanges at the Ministry of Foreign Affairs, Ms. Siham NAFAA;
- A Director of Studies and a Director of Studies and Synthesis at the Ministry of Internal Trade and National Market Regulation.
On the Nicaraguan side, the meeting was attended by:
- The Presidential Advisor for the Promotion of Investment, Trade and International Relations, Mr. Laureano Ortega Murillo;
- The Minister of Development, Investment and Trade, Mr. Edwin Ramirez Colindres;
- The Director of the Secretariat for the Promotion of Investment and Exports, Ms. Karina Mejia.
This meeting forms part of the joint efforts aimed at strengthening economic exchanges, identifying priority areas of cooperation, and ensuring direct contacts between economic operators from both countries.
Both sides commended the distinguished nature of the relations between the two countries, which are based on friendship and mutual respect.
During the conference, the Agency delivered a presentation on the business climate in Algeria, highlighting the country’s competitive advantages within its regional environment, as well as the incentives and facilitation measures offered to investors.
At the end of the meeting, both sides reaffirmed their shared commitment to promoting a promising economic partnership that reflects the available potential and meets the aspirations of the two friendly countries.
They also agreed to establish cooperation mechanisms through the designation of permanent focal points to follow up on discussions and translate bilateral cooperation opportunities into concrete projects.
