Iran has expressed readiness to enhance economic cooperation with Algeria and participate in the industrial and development projects of the North African state, reported PressTV.
In a Monday meeting with Algerian Minister of State for North African and African Affairs Abdelkader Messahel, Iran's Ambassador to Algeria Mahmoud Mohammadi announced Tehran's readiness to provide Algiers with technical knowhow and expertise and to take part in the country's technical and development projects, IRNA reported.
The Iranian envoy touched upon previously signed agreements between the two countries and recalled the Islamic Republic's capabilities in various areas, including petrochemicals, oil and dam construction.
In November, Iran and Algeria signed 10 agreements for cooperation in various fields during Iran-Algeria High Joint Commission in the Iranian capital, Tehran, and reiterated the need to bolster bilateral trade, which currently stands at about $150 million annually.
The Algerian minister, for his part, welcomed Mohammadi's proposal and voiced his country's interest in expanding the bilateral relations in various sectors and making use of Iran's expertise in technical and development projects.