Contracts at a cost of $ 100 million between Iraq, Algeria

The Algerian minister of industry and re-structuring Abdul Majid al-Manaserah has announced the signing of contracts at a cost of $ 100 million on the occasion of the visit of the Algerian economic delegation to Baghdad.

Manaserah said before he left Baghdad on Tuesday leading a delegation representing Algerian businessmen that the Algerian production companies represented with this delegation and number 56 companies could sign contracts at a vale exceeding USD 100 million.

He explained that these contracts were signed within the framework of the 10th phase of the UN oil for food program.

Manaserah, during his visit to Iraq held talks on co-operation with the Iraqi official in the areas of industry and transport.